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Pexapark Infused with Funding Worth €20m in Series C Round

Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […]

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Solar Power Costs Dipped 87% Globally In Last 10 Years: Study

A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period.  The recent innovation in […]

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NTPC Green Energy Joins Hands with Syama Prasad Mookerjee Port for Green Hydrogen Hub

A Memorandum of Understanding (MoU) has been signed between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s largest energy conglomerate NTPC Limited, and Syama Prasad Mookerjee Port, under the Ministry of Ports, Shipping & Waterways. The agreement will pave the path for the development of Green Hydrogen Hub at Kolkata. The signatories of […]

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Honeywell & ESS Partner for Iron Flow BESS

North Carolina-based firm Honeywell and ESS have joined hands on the advancement of iron flow battery (IFB) energy storage systems. This is based on the patented IFB design of ESS with advanced materials and expertise in energy systems that Honeywell boasts. ESS is a manufacturer of iron flow batteries. The firm recently announced its ambition […]

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Enfinity Global Acquires 546-MW Of Solar Assets

American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […]

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CNGR, Al Mada Partner For $2 Billion EV Battery Plant in Morocco

Chinese battery components manufacturer CNGR Advanced Material and the African private investment firm Al Mada have unveiled plans to establish an industrial hub in Jorf Lasfar, Morocco. This project will entail an investment of $2 billion. This collaborative endeavor was officially disclosed through a joint statement by the two firms. The two entities are currently […]

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PFC Issues Tender for Solar Power Developers for 1250 MW Solar Projects

PFC Consulting Limited, a wholly owned subsidiary of PFC Limited, a Maharatna company, under Ministry of Power, has issued a tender for the selection of solar power developers for setting up of 1250 MW ISTS-connected solar PV power projects in India under tariff-based competitive bidding under the scheme for flexibility in generation and scheduling of […]

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Canadian Solar Locks 4 GWp of Module Contracts During The 2023 RE+ Show

Canadian Solar has announced that it has successfully finalized approximately 4 GWp of solar module contracts during the 2023 RE+ show in Las Vegas, the USA. The contracts are expected to be serviced by both its upcoming Texas factory and its expanded Thailand module factory. “Our cost competitive TOPBiHiKu7 bifacial TOPCon module has received overwhelmingly […]

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Japan Researchers Study Potential Of Potassium-Ion Batteries

A research team from the Tokyo University of Science- (TUS), Japan, has recently conducted a study to gain insights into Potassium-ion batteries (KIBs), an alternative to conventional Lithium-ion batteries. The results of the study was recently published in Angewandte Chemie International Edition. Lithium-ion batteries have gained major traction with the increased deployment of electric vehicles (EVs) […]

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