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Swedish Solar Cell Maker Midsummer Signs LOIs to Deliver 224 MW Solar Panels

Swedish manufacturer of thin film CIGS (copper indium gallium selenide)solar cells, Midsummer has announced the signing of letters of intent (LOI) with six Swedish and foreign business partners for a total of 107 MW of solar panels. With the release of 224 MW of solar cells and previously announced agreements with roof and building businesses […]

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New Zealand’s Large Scale Green Hydrogen Project Onboards Partners

Meridian Energy, a New Zealand-based power company that looks to generate electricity through 100 per cent renewable energy sources, has partnered with Australia’s Woodside Energy which explores, develops, and produces hydrocarbon and hydrocarbon products. The partnership will look at the development of a large-scale hydrogen and ammonia facility. The premises will come up at Southland […]

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World’s Largest Solar Thermal Project Starts Grid Supplies In Dubai

On November 29 (Dubai Time), the Trough Unit No. 1 facility of Shanghai Electric’s 700MW solar thermal and 250MW photovoltaic solar power plant in Dubai has successfully achieved grid-connected electricity generation, marking a significant milestone along the path of the firm’s entry into the renewable energy sector. Solar Thermal Trough Unit No. 1 in Dubai Connected to […]

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Glass Maker Saint Gobain Strikes RE Deal For Operations in Spain

Worldwide light and sustainable construction giant Saint-Gobain has announced that the company has signed a Power Purchase Agreement (PPA) with Endesa in Spain for the supply of clean energy. Endesa is the top energy supplier in Spain. The official statement of Saint-Gobain held that the 11-year agreement will start in 2024 and will cover around […]

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Voltalia Signs 15-Year Solar Power Supply Contract with Renault

French renewable energy providing firm, Voltalia, and French automobile manufacturer Renault have entered into a 15-year solar power supply agreement. The agreement will facilitate Renault to make the transition to cleaner energy. 350 megawatts of total capacity, or roughly 500-gigawatt hours of annual production, are covered by the deal. This 15-year commitment is the first-of-its-kind […]

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Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha

Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […]

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ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant

Renewable energy conglomerate, ReNew Power and the Egyptian government have signed a framework agreement for the construction of an $8 billion green hydrogen plant in the Suez Canal Economic Zone. The green hydrogen production capacity of the plant is anticipated to be 220,000 tonnes per year. Following the Memorandum of Understanding (MoU) signed in July […]

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Green Hydrogen to Help Meet a Quarter of Western Australia’s Power Demands

In a first for renewable energy in Australia, Hydrogen that is made from renewable energy will be employed to aid the town of Western Australia with its power needs. The hydrogen that is generated will help produce energy for a hundred homes in Denham. Once into operation, it is being said that this switch to […]

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Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument

Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […]

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