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Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing

Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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ResponsAbility Invests USD 25mn In BluSmart EV Network

As part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia, responsAbility will invest up to USD 25 million on behalf of its investors in Indian EV ride-hailing service provider-BluSmart, the firm announced. “This investment will help BluSmart expand its EV charging infrastructure across India and is […]

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Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden

Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […]

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India’s Renewable Energy Capacity To Reach 54% By 2047: NREL

A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […]

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Inox Wind Gets Its 3MW Turbines Enlisted With MNRE

Indian wind energy company Inox Wind Limited announced that its 3 MW Wind Turbine Generator (WTG), with a booster capacity of up to 3.3 MW, has been enlisted in the Revised List of Models and Manufacturers (RLMM) published by the Ministry of New and Renewable Energy (MNRE). The firm said that its 3 MW wind […]

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REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects

REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […]

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BatX’s Strong Network Aided In Boosting Battery Recycling: Vikrant Singh

How did BatX Energies’ start its journey of recycling Lithium-ion batteries?  During one of our projects on making electric cars, we realized the importance of Lithium-ion batteries. The cost of making the car was around, and we were surprised to know that the cost of a Lithium-ion battery was almost the same. As India depends […]

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Biden Extends Support To Made-in-America EV Charging Network

United States (US) President Joe Biden made a recent announcement of vetoing a law that waived the American requirement for purchasing electric vehicles (EVs). While extending support to ‘Investing in America Agenda’ the President said in a press statement that, he “pledged to veto this resolution, which would hurt American workers, undermine domestic manufacturing, and […]

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