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South Korean Trio Sweep 31% of Global EV Battery Market

The global electric vehicle (EV) battery market has recorded a 2.5 times growth in Jan-Mar 2021 of which, 31 percent was captured by three South Korean EV battery producers, according to a release by SNE Research. This trio consists of LG Energy Solution which came in 2nd, while Samsung SDI and SK Innovation ranked 5th […]

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Renault Group Signs Agreement with Iberdrola to Reach Zero Carbon Footprint in its Factories

Renault Group and Iberdrola today signed a strategic partnership to reduce the CO2 emissions of Renault’s energy consumption in Spain and Portugal. Under the agreement, Iberdrola will supply green energy on a long-term basis, while implementing heat electrification and energy efficiency systems at the manufacturer’s facilities. Additionally, Iberdrola will analyse on-site renewable projects, electrify mobility and […]

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Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC

In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […]

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Infrastructure and Energy Alternatives, Inc. Awarded $50 Million Wind Construction Contract in Iowa

Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has been awarded the Plymouth Wind Energy Center contract valued at approximately $50 million. Invenergy, a leading privately-held global developer, owner, and operator of sustainable energy solutions, […]

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NYSERDA to repurpose former Benson mine into 20 MW solar plant

Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […]

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Bureau Veritas Acquires US-Based Renewables Construction Management Firm

Bureau Veritas, a world leader in testing, inspection and certification (TIC), today announced the acquisition of Bradley Construction Management, a US-based leading provider of construction management services for the renewable energy sector. Bradley Construction Management provides owner’s representation as well as construction and site management assistance services for wind, solar and energy storage projects. The company has successfully supported the […]

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New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040

Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […]

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Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider

Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […]

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Sasol & Toyota to Build Hydrogen Mobility Corridor in South Africa

At the ‘2nd Renewable Hydrogen and Green Powerfuels Webinar for South Africa’ organised recently, Sasol and Toyota South Africa Motors (TSAM) announced that they have teamed up to build a hydrogen mobility corridor on a key South African freight route. The project will not only help South African fuel giant Sasol in reducing its own […]

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