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Tesla to Build ‘World’s Largest’ Battery Manufacturing Plant Near Berlin

Tesla CEO Elon Musk has said that he plans to build the world’s largest battery-cell factory at the group’s electric car plant near Berlin. Tesla Boss Elon Musk said that he plans to build the world’s largest battery-cell factory at the group’s electric car plant near Berlin. Tesla has already started construction on a huge […]

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Enel Plans to Invest €160 Bn by 2030 to Accelerate the Energy Transition

Enel has released its vision 2030 and announced that it is placing at the core of its strategy the acceleration of the energy transition. One of the biggest utilities in Europe – Enel has released its vision 2030 and 2021–2023 strategic plan. The firm has announced that it is placing at the core of its […]

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ADB Grants $600 Mn Loan to Indonesia’s PLN to Promote Renewable Energy

ADB has approved a USD 600 million loan to help PLN, Indonesia’s state-owned power company, expand electricity access and promote renewable energy in eastern Indonesia. The Asian Development Bank (ADB) has approved a USD 600 million loan to help the State Electricity Corporation (PLN), Indonesia’s state-owned power company, expand electricity access and promote renewable energy […]

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Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15%

Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […]

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British Govt Planning for More Clean Energy in Next Round of CfD Scheme

The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The […]

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Sonnen Introduces the sonnenCore, a new all-in-one, affordable home battery for every home

The first-of-its-kind, all-in-one sonnen home battery solution makes the company’s proven, long-lasting and safe home battery technology even more accessible to all energy storage customers. sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery […]

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Boralex Becomes the Sole Owner of 3 Quebec Wind Farms, with 296 MW Capacity

Boralex Inc has announced that it has entered into a definitive agreement to acquire the full 49% equity stake held by the Caisse de dépôt et placement du Québec (CDPQ) in 3 wind farms in Quebec, already 51% owned by Boralex. CDPQ’s 49% equity stake represents 145 MW net installed capacity and the three wind […]

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Novartis Inches Closer To 100% Renewable Energy With 5 VPPA’s

In a move that has made Novartis the first pharma company to attain the 100% renewable electricity user status for its European operations, the firm recently signed up for five virtual power purchase agreements (VPPAs).  These agreements together will be generating around 275 MW or more of clean power to the electrical grid, serving as […]

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Panasonic, Equinor Form Partnership for Establishing European Battery Business

Panasonic, Equinor and Hydro have signed an MoU to form a strategic partnership to explore possibilities for establishing a European battery business. Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The […]

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