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Norwegian Battery Startup Freyr Signs 38 GWh Battery Deal with Japan’s Nidec

Norway-based next generation battery developer FREYR, and Japan-based energy storage system (ESS) and high-efficiency electric motors manufacturer, Nidec Corporation, have announced the finalization of an expanded 38 GWh battery cell sales agreement for the period 2025 – 2030. The companies have also agreed to form a joint venture, in which Nidec will hold a super-majority […]

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Tata Steel Partners with Three Dutch Companies for Hydrogen-Based Steel

Tata Steel Nederland has inked agreements with three Dutch companies – McDermott, Danieli and Hatch – to form an Integrated Project Management Team (IPMT) to shape and manage the execution of project Heracless, that will employ hydrogen for the manufacturing of steel at its Ijmuiden facility 30 kilometers east of Amsterdam. The Tata project is […]

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Trina Joins Longi, Jinko, In Strong H1 Show for 2022

China-based module and tracker manufacturer Trina Solar has reported module shipments of 18.05GW in first half, ranking second worldwide after Jinko Solar. Shipments of photovoltaic modules by Trina Solar totaled 18.05GW in the first half of this year, 72% more than the corresponding period last year. This meant that the company continues to rank second […]

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Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption

Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […]

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Explained: The Arrival Of Big Batteries For Energy Storage

Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […]

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […]

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New South Wales Attracts $43 Billion Potential Investments For 17 GW Renewables

In what could be called as a great show of trust in the renewable sector, the New South Wales (NSW) state government (Australia) has announced that the Illawarra Renewable Energy Zone (REZ) has attracted A$43 billion worth of potential investments in response to a call for expressions of interest for large-scale energy and green manufacturing […]

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CEA Report: PV Price Forecasting Report (Q2 – 2022)

CEA (The Clean Energy Association) has published a research report entitled “PV Price Forecasting Report (Q2 – 2022)”. Recent months have seen significant changes in the solar sector as a result of supply constraints, increased costs, and logistical difficulties as well as rising energy demand and geopolitical tensions. The PV Price Forecasting Report is a […]

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