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Hyundai Begins Feasibility Study for Fuel Cell EVs in India

Hyundai India has initiated a feasibility study to bring in fuel cell EVs in the country. Hyundai Motor India has announced that the firm has initiated a feasibility study to bring in fuel cell electric vehicles (EVs) in the country. “Progress for humanity with zero-emission mobility is our responsibility and vision to make a long […]

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US Storage Industry to Build on Strong Third Quarter: Report

The US energy storage sector had its strongest third quarter on record and a new analysis by WoodMac predicts a 12x growth in MW-terms between now and 2024. The United States energy storage sector had its strongest third quarter on record this year, deploying 100.7 megawatts (MW) and 264.6 megawatt-hours (MWh) of storage, and a […]

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Vestas Bags 101 MW Wind Turbine Order for 2 Projects in Finland

Vestas has announced that it has secured a 101 MW wind turbine order from Puhuri Oy for the Parhalahti and Hankila projects in Finland. Vestas has announced that it has secured a 101 MW order from Puhuri Oy, a developer and investor in wind energy for the Parhalahti and Hankila projects located in Northern Ostrobothnia […]

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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power

Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […]

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Is Corporate India Ready for Renewable Power Consumption?

A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […]

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Sembcorp to Increase Stake in Sembcorp Energy India Limited to 100%

Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner to acquire the remaining 5.95% stake in Sembcorp Energy India Ltd Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into a non-binding term sheet with its local Indian partner, Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri […]

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Punjab to Collaborate With WEF on Electric Mobility

The State Government of Punjab has partnered with WEF to design a public-private pilot project on shared, clean and electric mobility. To combat the growing problem of environmental pollution, the Punjab government has partnered with the World Economic Forum (WEF) to design a public-private pilot project on shared, clean and electric mobility. The state, which is also […]

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Nordex Wins 138 MW Wind Turbine Order in Mexico

The Nordex Group has announced that it has received an order to supply and install 42 wind turbines with a combined rated output of 138 MW in Mexico The Nordex Group has announced that it has received an order to supply and install a total of 40 AW132/3300 and two AW132/3000 wind turbines with a […]

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