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Green Steel is Getting Greenlighted Around the World

The steel industry is heavily reliant on fossil fuels. Thus, it goes without saying that it is among the highest carbon emitting industries in the world. This year, however, has begun on a good note with respect to several initiatives aimed at the greening of the industry. Here are some defining moments in the greening […]

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Huasun To Supply 1.5 GW HJT Modules To European Developer Inercom

Chinese manufacturer Anhui Huasun Energy Co. Ltd has announced that the company has once again reached a cooperation with Inercom Ltd and signed a framework agreement for supplying HJT modules. Inercom is a well-known European EPC company. By the end of 2025, Huasun will provide at least 1.5GW Himalaya series ultra-high-efficient HJT modules for large-scale […]

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Ryse Energy Raises $15 Million in Growth Capital Round

Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […]

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Mitsubishi Signs $692 Million Loan Agreement for Laos Wind Project

Mitsubishi Corporation has announced that it has signed a $692 million financing package for the Monsoon cross-border wind power project in Laos with the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui Banking Corporation, and other lenders. This has been done with other project sponsors. Mitsubishi had previously announced that it was involved in […]

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KMC Mulling 40 More EV Charging Stations in Kolkata

The Mayor-in-Council of the Kolkata Municipal Corporation (KMC) has passed a proposal according to which the KMC will tie up with Mumbai based Tata Power for the setting up of 40 EV charging stations in Kolkata. The proposal will now be placed before the KMC House in April only for consideration. KMC already has established […]

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Shakti Pumps Gets Patent for Inventing Switching Circuit To Start Single Phase-Induction Motor

Shakti Pumps Limited, a manufacturer of energy-efficient pumps and motors, has received a patent for inventing a “Switching Circuit To Start Single Phase-Induction Motor”. Intellectual Property India, a Ministry of Commerce & Industry Organisation awarded the patent to the firm, in accordance with the provisions of the Patents Act, 1970. It will hold a validity […]

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496 MW Wind Project in France Reaches FID and Construction State: Ocean Winds

Renewable energy developer Ocean Winds has announced that a $2.5 billion final investment decision (FID) has been taken regarding an offshore wind energy project in France. Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie who form ‘Eoliennes en Mer des îles d’Yeu et de Noirmoutier’ (EMYN) have made the announcement about the Îles […]

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PFC Backs Vibrant Energy With Over INR 2,200 Cr Funding For 300 MW Hybrid Projects

An owner and developer of corporate renewable energy solutions, Vibrant Energy, has secured more than INR 2,200 crores of project financing from Power Finance Corporation Ltd. (PFC). This funding will aid the firm in establishing 300 MW (AC) of wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy claims this financing will be among […]

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