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energy markets

Move On Energy Commissions 650MW German PV Park

German Solar developer Move On Energy has announced it has commenced commercial operation of Europe’s largest solar PV park in Germany. The solar plant is located in Leipzig, eastern Germany, the Witznitz Energy Park has a capacity of 605MW, with a further 45MW to be installed and connected by Summer. The project has been developed […]

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Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy

Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […]

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US Initiative Aims To Bring Energy Efficient, RT Heat Pump By 2027

US Department of Energy (DOE) at a recently held annual Better Buildings, Better Plants Summit announced new ‘Better Building’ initiatives to help organisations in all sectors of the US economy save energy while reducing costs and emissions. Among the new initiatives is the ‘Better Buildings Commercial Building Heat Pump Accelerator’, through which manufacturers are expected […]

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SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid?

The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […]

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World Bank And Japan Sign RISE Pact to Boost Clean Energy Investments

World Bank and Japan have signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023. The agreement was signed between the World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World […]

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Sunsure Energy Inducts Veterans Manoj Kohli And Mahesh Makhija to its Board of Directors

Sunsure Energy, C&I-focused independent renewable energy power producers, inducts Manoj Kohli and Mahesh Makhija to its Board of Directors, stated a press release by Sunsure Energy. The recent appointments of Kohli and Makhija represent a strategic enhancement to the company’s Board of Directors. With Manoj Kohli’s extensive experience spanning 45 years in diverse global markets, […]

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Yuma Energy Completes 10 Million Battery Swaps Within A Year

Bengaluru-based Yuma Energy has developed over 125 battery swapping stations across 5 major metros and averaged 800,000 swaps every month. Battery-as-a-service (BaaS) company, Yuma Energy, a joint venture between Magna and Yulu, has announced, the completion of 10 million lifetime battery swaps in its first year of operations. The company began operations in February 2023 […]

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GFCL EV Plans To Invest Rs 6000cr In Next Years In EV, Energy Storage

Gujarat Fluorochemicals (GFCL) EV Products Ltd, a subsidiary of Gujarat Fluorochemicals Ltd. (GFL), recently announced an investment of INR 6000 Crores (out of which approx. Rs 650 Cr is already invested till 31.12.2023) over the next 4- 5 years. This investment is to enable a supply of approx. 200 GWh/annually of electric vehicle (EV) and […]

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