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Stellantis To Invest $100mn in Argentina’s Solar Energy Sector

Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […]

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Top 5 Ways In Which Artificial Intelligence Will Impact Renewable Energy Sector

As the clamor for a net-zero future grows across the world, the energy sector might go through a major transformation in the coming years with a renewed push towards renewable energy and deployment of clean energy methods across the horizon. As one thing leads to the other, the power usage pattern over the years has […]

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West Bengal Thermal Power Plant To Produce Solar From Multiple Sources

West Bengal-based Sagardighi Thermal Power Plant (TPP) is now all set to produce solar power from different sources to send it to the local grid. The TPP situated at Murshidabad has established a 10 MW grid-connected ground-mounted solar plant and a 5 MW grid-connected floating solar plant for the same. The power plant has now […]

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Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary

Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […]

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PepsiCo’s Upcoming Facility In Ujjain To Run Entirely On Clean Energy

Beverage manufacturer PepsiCo India will establish a manufacturing facility in Ujjain, Madhya Pradesh which will entirely run on renewable energy sources. The company further claims that this will lead to a reduction in carbon footprint by an impressive 1.9 metric tons per day. Spread over 22 acres, this plant will help PepsiCo’s beverage production in […]

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Leroy Merlin To Draw Power From Better Energy Poland Solar Park By 2025

Construction and decoration firm Leroy Merlin Poland has signed a PPA with Better Energy to draw power from latter’s Chelmno solar park which is currently under construction. The Power Purchase Agreement (PPA) is expected to commence in 2025. According to Better Energy, the 10-year PPA will allow Leroy Merlin Poland to secure the long-term supply […]

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Mitsubishi Power Firm Prevalon Energy Secures 328 MWh Idaho BESS

Mitsubishi Power Americas company Prevalon Energy has announced it has contracted with Idaho Power for a complete Battery Energy Storage System (BESS) along with a robust long-term service agreement. The project will provide grid resiliency as a net peak solution, helping the utility continue providing reliable power during peak demand periods. The service agreement includes […]

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NTPC, JBIC Collaborate To Finance Renewable Energy Project In India

Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […]

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Shizen Energy, Microsoft Complete Construction Of Inuyama Solar Plant

Shizen Energy Group has announced the completion of its Inuyama Solar Power Plant. It’s a large-scale solar power plant in Inuyama city, Aichi Prefecture in Japan, that commenced commercial operation in February 2024, and a completion ceremony was held on 25 March at the site. The power plant has a rated output of 31 MW […]

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