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Our goal is to raise production capacity to 3 GW yearly: Anurag Garg, Jakson Group

Please tell us about the manufacturing capacity and expansion plans of Jakson. Presently, we have 580 MW module manufacturing capacity at our Greater Noida Plant in India. We were among the first Indian manufacturers to start with fully automatic (including auto bussing) module manufacturing facility and waterless technology NDC laser cutting machine in 2021-22. The […]

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Actis Launches $500 Million Renewables Platform In Japan

Global investor in sustainable infrastructure – Actis – has launched a new $500 million renewables platform called Nozomi Energy which will be Japan-focused. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027. The investment is made from fifth and latest energy infrastructure fund of Actis, which represents $6 billion of investable […]

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Linxon, Available Power Agree For 200 MWh BESS Project

US Power management firm Linxon has signed an exclusivity agreement with Available Power for the 100 MW/200 MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas. Linxon said that this agreement strengthens the relationship between both parties, following their strategic partnership for 1GW of distributed energy storage projects in the ERCOT market. Linxon […]

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Seatrium Gets Offshore Wind EPC Contract Worth $377 million

Singapore based engineering solutions provider Seatrium Limited, through its wholly-owned subsidiary Sembcorp Marine Offshore Platforms, has secured a contract worth more than S$500 million (USD 377 Million) for two offshore wind farm substations from Empire Offshore Wind. The Empire wind project is a joint venture between Equinor and bp off the United States’ Long Island. […]

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Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects

Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […]

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Servotech Q4 Results Charged Up On Strong EV Show

Servotech Power Systems Ltd., a manufacturer of solar, electric vehicle (EV) chargers, power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended March 31, 2023 at its Board of Directors meeting on May 7, 2023. The firm with a strong foothold in the EV charging space and in the government […]

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Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA

IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’.  The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […]

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EUR 5.5 Billion Offshore Cable Contracts Awarded By TenneT

Dutch transmission system major TenneT has awarded NKT, Nexans and a consortium of Jan De Nul, LS Cable and Denys to install 525 kV HVDC cable systems for ten projects. The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately EUR 5.5 billion. With this agreement, […]

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Amara Raja Breaks Ground on Telangana’s First Lithium Cell Gigafactory

Industrial and automotive battery maker Amara Raja Batteries Limited (ARBL) is building the first gigafactory of Telangana which will also be India’s largest when it’s operational. The battery gigaplant will come up in Mahbubnagar district. The inauguration ceremony was attended by MA&UD Minister of Telangana, KT Rama Rao, and Amara Raja Group Founder Dr. Ramachandra […]

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