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solar power

Statcon Energiaa’s Newest Offering- Microgrid Energy Corridor System

Delhi-based power electronics manufacturer company, Statcon Energiaa won the prestigious award for renewable energy excellence at the REI Expo 2022 held at Greater Noida, Uttar Pradesh. The award category was ‘Excellence in RE Storage Solutions. The innovative product, titled ‘Microgrid Energy Corridor System’, provides uninterrupted supply to a microgrid using various renewable energy resources. It […]

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Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment

Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […]

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Chemours to Invest $200 Million in Hydrogen Tech Solutions

Delaware-headquartered Chemours Company has announced that it has planned a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to support the Hydrogen Economy.  Chemours is a global chemistry company with considerable market positions in titanium technologies, thermal and specialized solutions and advanced performance materials. The tackling of […]

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Inverter Major Solis Builds On Strong India Performance With REI Presence

The Renewable Energy India Expo 2022 (REI 2022) concluded its three-day run in Greater Noida, Uttar Pradesh from September 28 to 30, 2022.  For solar Inverter major Solis, which has had a very strong performance in the past few years in the Indian market, it was an opportunity to highlight its technical strength by showcasing […]

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Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge

One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […]

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Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion

Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […]

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JUMIA Partners with BILITI Electric to Include E-Vans in Delivery Fleet

Nigeria based e-commerce company, JUMIA has announced a partnership with California-based EV solutions provider BILITI Electric, to add e-vans to its delivery fleet in Kenya. Through this collaboration, both companies have completed the pilot project, and are set to scale the fleet within Kenya in the first phase, and eventually across Africa. According to both […]

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Now Germany Adopts New Model For its Renewable Energy Tenders

Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches.  […]

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Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036

An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […]

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