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Germany

Tresa Motors introduces India’s first Electric Truck for the Global Market

Bengaluru-based  Tresa Motors has unveiled its first electric Truck, the Model V0.1, built on its groundbreaking Axial Flux Motor Platform: FLUX350.  Founded by Rohan Shravan and Ravi Machani in 2022, Tresa’s core competencies are in industrial design, electric powertrain and battery related technologies. It currently is developing electric trucks in the 18T-55T GVW segment and […]

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German Solar Focused Startup 1KOMMA5° Turns Unicorn With €430M Funding Round

1KOMMA5° a Hamburg, Germany-based startup that has 1.5°C greenhouse emissions limit integrated in its name has become one of the fastest climate unicorns in Europe.  It follows another German startup that raised significant funding recently namely Enpal which completed a round where it secured €430 million commitments.The German startup has raised €430M in a Series […]

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Statkraft Secures German Contract for Solar & Battery Storage

Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […]

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Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit

Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […]

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Saudi Arabia Successfully Completes its First Electric Air Taxi Test Flight

NEOM, a region in northwest Saudi Arabia, and Volocopter, the German air mobility company, have announced the successful completion of a series of air taxi test flights. This marks the first time an eVTOL (electric vertical takeoff and landing) aircraft has received special flight authorization and performed test flights in the Kingdom of Saudi Arabia. […]

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ISES Announces Solar World Congress 2023 In New Delhi

Freiburg, Germany headquartered The International Solar Energy Society (ISES) has regularly gathered the world’s pre-eminent solar energy researchers, practitioners, and stakeholders at its biennial Solar World Congresses (SWCs) to share technology developments, new research breakthroughs, case studies and best practices in solar and renewable energy development. ISES has recently announced that its next biennial Solar […]

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Fichtner Consulting Engineers Wins APDCL Contract for 1 GW Solar Project

Fichtner Consulting Engineers has bagged a consultancy contract awarded by APDCL (Assam Power Distribution Company) through competitive bidding. The firm will be responsible for coming up with a detailed project report for a 1 GW grid-connected solar project to be established in Assam in Karbi Anglong area. The Asian Development Bank will provide funding for the […]

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Energy Trading In An Interconnected World

Matteo Mazzoni, Director of Energy Analytics, ICIS Energy markets are evolving, moving away from discrete regional or local hubs to become truly global and far more interconnected than ever before. The rise of LNG and associated infrastructure investment, for example, has seen it emerge as an analogue of more traditional natural gas hubs. Whereas previously, […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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