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Statkraft and Aker Offshore Wind explore project opportunities in Norway

Statkraft, Europe’s largest renewable energy producer, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway. The companies will combine their strong, complementary skills and expertise to work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind facilities in Norway. Last year, the Norwegian government announced it will open for applications for licenses for the development of wind power in […]

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Loanpal Receives $800+ Million in First External Investment Round

Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […]

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Navistar Launches Hydrogen Trucks, Collaborates with General Motor OneH2s

A subsidiary of Navistar International Corporation, Navistar Inc. has collaborated with General Motors and OneH2 to launch a complete solution for a zero-emission long-haul, hydrogen trucks system. Navistar says it will produce its first production model of the International RHTM Series of fuel cell electric vehicles (FCE) by 2024. Testing of the vehicles is expected […]

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With 120 MWh Storage Win, Israel’s Augwind Challenges Lithium-ion Storage

Yakum, Israel-based Augwind has been claiming that its Air Battery energy storage system will be superior to Lithium battery storage. The firm got a big boost earlier this month when Israel’s Electric Authority awarded a big tender for 609 megawatts of solar and 2.4 gigawatt-hours of energy storage, of which at least 120 megawatt-hours of […]

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Budget 2021. Familiar Tussle Between Developers And Manufacturers

As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […]

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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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Infineon to Foster Local Entrepreneurship in Green Agriculture

In collaboration with Startup India on Motor Drive Design Challenge for solar pumps Infineon Technologies, a world leader in semiconductors, today announced the commencement of its ‘Infineon Solar Pump Motor Drive Challenge 2021′ initiative to encourage affordable and reliable solar powered irrigation systems for farmers – design and manufactured locally. Organized in collaboration with Startup […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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ConnectDER Granted U.S. Patent for Leading Plug & Play Distributed Energy Resource Connection

ConnectDER, the innovative company that enables utilities and homeowners to expand access to distributed energy resources, has received a patent for innovations to their ‘plug and play’ solutions for distributed energy resources (DER’s). The patent is for a reinvention of the standard utility power meter; one that combines the ubiquitous metering and communications of a “smart […]

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