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energ transition

Renewables, EVs Set To Reduce Global Oil Demand, Says Report

A latest report from the International Energy Agency (IEA) said that the global oil demand is likely to be tempered by clean energy transition. The report also said that the surge in Electric Vehicle (EV) sales and continued efficiency improvements of vehicles and use of more renewables in electricity production could negate the rise in […]

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Wind Turbine Monitoring Systems Market To Grow By $8.72 Bn: Report

The global wind turbine monitoring systems market size is estimated to grow by USD 8.72 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 19.34% during the forecast period. The rapid growth of the global wind power market is driving market growth, with a trend towards a […]

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Swift Solar Announces $27 Million Series A Funding Round

Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in […]

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With Latest Funding, Battery Smart To Expand Services In More Cities

Indian battery swapping company Battery Smart announced it has raised $65 million in a Series B funding round led by LeapFrog Investments, the pioneering profit with purpose firm. The equity round consisted of a mix of primary and secondary investments and saw participation from new and existing investors, including MUFG Bank, Panasonic, Ecosystem Integrity Fund […]

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Repsol Signs RE Purchase Agreement with Microsoft

Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […]

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GUVNL Awards Gensol 250 MW/500 MWh BESS Project

Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […]

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ArcelorMittal Bremen and wpd To Develop 72 MW Wind Farm In Germany

ArcelorMittal Bremen cooperates with the local wind energy projecter WPD for the planning, construction and operation of Wind farms on the factory premises. Both companies have signed a Memorandum of Understanding. So is the foundation for long-standing cooperation, in which wpd on the ArcelorMittal factory premises in Bremen will build and operate up to ten […]

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Blive Unveils EZY Electric Vehicle Rental Program

BLive, an e-mobility platform, launched the ‘BLive EZY EV Rental Program’. This program is for last-mile mobility partners to bridge the financial gaps that delivery riders face when transitioning to electric vehicles (EVs). The integrated AI-enabled platform brings together the entire EV ecosystem, including EV manufacturers, demand generation partners like Zomato and Swiggy, leading finance […]

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Radiance Renewables & PIDG Form JV For RE Growth In India

Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […]

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