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Reliance Adds NexWafe In Strategic Bets with EUR 25 million Investment

Reliance Solar Energy Limited (RSEL), the subsidiary fronting renewable energy investments from Reliance Industries, has entered into an agreement with Germany-based NexWafe GmbH (NexWafe) for acquiring 86,887 series C preferred shares of face value of EUR 1 each. RSEL will also be issued 36,201 warrants which are exercisable for a consideration of EUR 1 per […]

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GE Renewable Confirms 900 MW Wind Order, Tests 14 MW Haliade-X Turbine

GE Renewable Energy confirmed on October 11 that it received a firm order in September, to supply its Haliade-X offshore wind turbines to the 800MW Vineyard Wind 1 project. In December 2020, it was the designated preferred supplier. The Vineyard Wind is currently building the first utility-scale offshore wind energy project over 15 miles off […]

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Bill Gates Backed Iron Battery Firm ESS Listed on NYSE

Large Battery firm ESS, with its listing on the New York Stock Exchange (NYSE), can now claim to be the first publicly traded long duration storage company in the world. The firm, which went public through a SPAC (Special Purpose Acquisition Company) with Acon S2 Investment Corp. has started trading on the New York Stock […]

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Pole-mounted EV Charging Stations Set up in Kerala

The Kerala State Electricity Board (KSEB) is going in for ‘pole-mounted charging stations’ for electric vehicles in a big way. To be launched with 10 charging stations mounted on electricity poles in Kozhikode city, Kerala, on Saturday, the programme will be extended to other parts of the State with 1,000 units in Phase II. The […]

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Aker Unveils Underwater Innovation for Floating Offshore Wind

Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […]

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Large Buildings RE Specialist Blueprint Power Acquired by BP

bp has acquired Blueprint Power, a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through cloud-based software. Or a Virtual Power Plant. Blueprint’s technology presents an opportunity to help decarbonize commercial real estate, help real estate owners meet their environmental goals, and give […]

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GE to Supply 810MW Turbines for JSW’s Wind Farms in Tamil Nadu

GE Renewable Energy has received an order from Indian power company JSW Energy to supply 810 MW of onshore wind turbines for their upcoming wind farms in Tamil Nadu. The turbines will produce enough green energy to meet the annual electricity requirements of more than 2.1 million households in the country, said GE. JSW Energy […]

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Fortescue Metals Acquires 60% Stake in RE Firm HyET

Fortescue Metals’s green energy unit has bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production. “HyET Hydrogen’s technology will support FFI in reducing costs in other areas of the green hydrogen supply chain,” said Julie Shuttleworth, chief executive officer […]

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