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Maersk Supply Wins Key Order For Wind Turbine Installation Vessel

Empire Offshore Wind has placed an order with Maersk Supply Service for a new-build wind turbine installation vessel (WTIV) which the company has been designing since 2019. Offshore wind turbine calls upon a lot of the learnings, and resources used for offshore oil drilling, one reason why oil firms prefer to invest in this option […]

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British Intl Invt invests $89 M to scale renewable energy in India

British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […]

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Cleantech Solar commissions 1 MW rooftop solar PV system for SeniorAerospace in Thailand

Cleantech Solar has commissioned a 1 MW on-site rooftop solar PV system at the manufacturing facility of Senior Aerospace Thailand in Laem Chabang. The project provides solar power to Senior Aerospace under a long-term Power Purchase Agreement (PPA), signed between Senior Aerospace (Thailand) Ltd., a subsidiary of Senior plc – an international manufacturer of high-technology components […]

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Exicom completes installation of 5,000 EV chargers in 4 years

Power solutions provider Exicom has completed the installation of 5,000 EV chargers across 200 cities, making it the biggest EV charging facilitator in the country, the company claimed earlier. The installations include 3,600 AC and 1,400 DC chargers. The company had installed its first EV charging facility at Lodhi Estate, New Delhi, in 2018. The […]

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ThomasLloyd Energy Will Buy 43% Stake in SolarArise India

The Indian Government has given a go ahead to the proposal of ThomasLloyd Energy Impact Trust Plc to purchase 43% stake in SolarArise India Projects Pvt Ltd. The deal comes at $34.6 million (Rs 265 crores approx.) That values Solar Arise at  approx. Rs 620 crores. ThomasLloyd says that in the second quarter of this […]

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South Korea Counts On Floating Solar To Overcome Land Scarcity

Towards last year’s end, South Korean solar developer Scotra completed the construction of a 41 MW floating solar installation on a reservoir on the Hapcheon Dam. The land-scarce country has set a target of installing 2.1 GW of floating solar by 2030 and of becoming carbon-natural by 2050. Floating solar farms employ solar panels that are attached […]

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EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […]

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ACEN Powers Up Philippines 1st Hybrid Solar-Storage Plant

ACEN, the listed energy platform of the Ayala Group, has switched on the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project located in Alaminos, Laguna, will allow the company to evaluate opportunities to store energy more effectively across the portfolio of ACEN, with the aim to […]

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Brookfield Renewable Buys Urban Grid, Triples US Pipeline to 31GW

Bermuda-headquartered Brookfield Renewable, which owns and operates renewable power assets, has acquired clean power developer Urban Grid and its pipeline of projects comprising approximately 13 GW of utility-scale solar and 7 GW of energy storage capacity for $650 million. The addition of Urban Grid’s projects approximately triples Brookfield Renewable’s U.S. development pipeline to approximately 31 […]

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