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Maruti Suzuki To Invest Rs 450cr In Renewable Energy Adoption

Maruti Suzuki India Limited, an Indian subsidiary of Japanese automaker Suzuki Motor Corporation recently announced that it has earmarked an investment of Rs. 450 crores to expand its usage of renewable energy solutions in the next three years. In FY2023-24, Maruti Suzuki invested Rs 120.8 crores towards commissioning renewable energy initiatives like solar power and […]

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News Brief May 24- Appalachian Power, Amresco UK Battery, Colombian Solar Project

Appalachian Power Issues Tenders for 1.1 GW of Renewable Energy Supply In US Appalachian Power (APCo), headquartered in the United States, has announced the release of three Requests for Proposals (RfP) for 1.1 GW projects for securing power and Renewable Energy Certificates (RECs) from wind and solar projects, as well as from battery energy storage […]

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News Brief May 13 – Vesper Energy, Meta Solar Deal, UK Solar Farm

US-based Vesper Energy Sells Assets To Fortune 500 Energy Company Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets including solar farms, has sold its 100MW Deer Creek Renewable Energy project to an unnamed Fortune 500 energy company. Meta, Solarpack Collaborate on Solar Projects to Power Data Center in Indiana Meta and […]

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Ukraine Receives Grant From Germany To Restore Energy Infra

Ministry of Energy of Ukraine has received a €45 million grant from Germany, to restore the energy sector after Russian attacks on energy infrastructure.  Volodymyr Kudrytskyi, Chairman of the Board of National Power Company Ukrenergo a state-owned company managed by the Ministry of Energy (NPC) Ukrenergo, signed a document authenticating the management decision taken by […]

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UK’s DG Innovate Forms JV With EVage Motors For Making E-Trucks In India

UK-based sustainable mobility and energy storage company DG Innovate has entered into a joint venture with EVage Motors, the electric truck company in India. The JV will allow DGI to pursue a faster, lower-cost route to high-precision manufacturing in India, materially growing its market share in the critical Asian market and giving EVage Motors’ customers […]

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Enphase Energy Partners with Octopus Energy in UK For Micro-Inverters, BESS

Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems has announced a partnership with energy and tech company, Octopus Energy Group. The parties will focus on deploying Enphase IQ8 Microinverters and IQ Battery 5P in the United Kingdom. Octopus Energy’s retail customers in the United Kingdom can now integrate Enphase’s […]

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Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy

Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […]

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UK Emissions Down By 5% From 2022, Wind Contributes 28% Of Power Generated

The United Kingdom has witnessed a reduction of 53 percent between 1990 and 2023 – down 5 percent from 2022 in cutting emissions, shows the UK’s Department for Energy Security and Net Zero report. The latest Energy Trends report by the Department for Energy Security and Net Zero also shows that offshore wind generated 17.3% […]

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UK-Based Statera Secures 670MW Contracts in Auctions

In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […]

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