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Iberdrola signs its largest green loan worth €1 B with Banco Santander

Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […]

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Here’s How Taiwan’s Gogoro Leads With Innovation In Electric Two-wheeler Industry

Based in Taipei (Taiwan), Gogoro is a two-wheeled electric vehicle and battery swapping infrastructure manufacturer. It offers a range of smart electric two-wheelers that feature cloud connectivity and an electric powertrain – gathering, analysing, and sharing riding data through a mobile application on the rider’s smartphone. Summing it up, Gogoro is an innovation leader in […]

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Samsung Elec to join renewables pledge as S.Korea shifts gears on green energy

Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100 per cent renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change. Samsung, the world’s biggest chipmaker, is late to the green power pledge: It’s […]

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Karnataka Can Sign EOIs to Bring Rs. 61,000 cr investments in Renewable Energy

Karnataka may witness a fresh slew of renewable energy development as the government owned Karnataka Renewable Energy Development Limited (KREDL) may sign 9 Expressions of Interest (EOI) with 9 renewable energy investors. This is expected to be done at Windergy – 2022, a three day conference in New Delhi on currently. The exercise is expected […]

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Solar Inverters Move to The Front

When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […]

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Renault Looks to Separate Electric Vehicles’ Business

Renault has said that it might separate its electric vehicle vertical from the rest of the car making business. Renault informed that it might exercise the option of going for a public listing of the business in the second half of 2023. Groupe Renault is a century old French carmaker and is currently 16th largest automotive […]

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Borosil to acquire Europe’s largest solar glass maker Interfloat Group

Borosil Renewables Ltd on Monday announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein. With its acquisition of the Interfloat Group, BRL’s solar glass […]

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H2-Industries to build $1.4bn waste-to-hydrogen plant in Oman

In what could be the first of its kind in Oman, H2-Industries has signed a memorandum of understanding (MoU) with Madayn for the development of a waste-to-hydrogen plant in the country. H2-Industries is an American hydrogen generation and storage player and Madayn is Public Establishment for Industrial Estates in the Sultanate of Oman. The company […]

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Nordex Group receives 1.2 GW turbine orders Q1 2022

Germany-based manufacturer of onshore wind turbines Nordex Group recorded an order intake of 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022 (Q1/2021: 1,247 MW). The share of the efficient and high-margin Delta4000 series amounted to 91 percent (Q1/2021: 73 percent). The Nordex Group received orders from ten European […]

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