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US-based Odyssey Energy Solutions has announced that it has raised $5.34 million in new funding led by Equal Ventures, a venture capital investment firm based in New York,. The participating investors include Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective. Odyssey offers an end-to-end solution to finance, build and operate distributed energy projects at […]
Mumbai-headquartered auto major Mahindra & Mahindra is developing, introducing new products and making investments while also making production plans stronger as it continues to be “extremely positive” about the country’s progressive adoption of electric car penetration over the coming few years. It anticipates a gradual shift to electric mobility, with the fleet and sports utility […]
American multinational Cummins Inc. has announced that it will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 GW with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. Cummins held that IPCEI will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale […]
Singapore’s WEnergy Global, jointly with Maharlika Clean Power Holdings and Clean Grid Partners, collectively referred to as the Maharlika Consortium, through their Special Purpose Vehicle, Archipelago Renewables Corporation, has signed a Qualified Third Party (QTP) Service Contract to energize over 7,100 households and 300 small local businesses through 16 microgrids spread over 14 barangays in […]
The Indian Railways is on the path of reformation through innovation with special onus on the use of renewable energy. In a key development, Canada-based Ballard Power Systems has announced that it has received a fuel cell module order from Medha Servo Drives. Medha Servo Drives is a rail system that has been contracted by […]
The LFSe+, a long-range, 100 percent battery-electric bus produced by Nova Bus, a member of the Volvo Group, has completed the Federal Transit Administration’s (FTA) bus testing program at the Altoona Bus Testing Center in Pennsylvania. Through a series of tests whose outcomes are impartially examined, this stringent evaluation seeks to guarantee the safety and […]
New York-based RWE Renewables Offshore HoldCo Four GmbH has won a tender from the German Government for the development of an offshore wind energy farm of capacity of 980 MW in the German North Sea. RWE had proposed to develop the wind farm in N-7.2 Zone that too without availing the state subsidies. Klaus Müller, […]
State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […]
Suzlon Group has announced a new order win for the development of a 180.6 MW wind power project for Green Infra Wind Energy Limited, which is a renewable energy subsidiary of Sembcorp. Under the new order, Suzlon will install 86 wind turbine generators with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of […]
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