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Bosch Signs 3 Long-Term Agreements to Procure Solar Power

Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […]

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Israel-based Enlight Renewable gets Financing for 189 MW Wind Project

Israel-based Enlight Renewable Energy has secured financing for its 189 MW (59 turbines) wind farm project in the Israeli-controlled Golan Heights Israel-based builder and operator of wind and solar energy projects – Enlight Renewable Energy has announced that it has secured financing for its 189 MW (39 turbines) wind farm project in the Israeli-controlled Golan […]

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NIPSCO Announces two Solar Projects Worth 300 MW in Indiana

NIPSCO has announced the next phase of its plans to transition to cleaner energy resources, with the addition of two new solar projects in central Indiana. NIPSCO, a subsidiary of NiSource Inc has announced the next phase of its plans to transition to lower-cost, cleaner energy resources, with the addition of two new solar projects that […]

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Italy’s ENEL Has Norway’s Norfund Backing It For India Foray

Rome – based Enel SpA,  which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund)  to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […]

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Siemens Inks Long-Term Pact with EnergyNest for Energy Storage Solns

Siemens Energy, a division of global technology giant Siemens, has recently entered into a long-term partnership with the Norwegian technology company EnergyNest. EnergyNest, which is a startup in the space, is a supplier of thermal energy storage systems. The two companies joined hands with an aim to jointly offer modularized and standardized thermal energy storage […]

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World’s 1st Wireless Charging EV Taxi Fleet to Come up in Oslo

Momentum Dynamics will provide its wireless charging system to Jaguar vehicles to support the City of Oslo with the world’s first wireless EV taxi fleet. Momentum Dynamics has announced that it will provide its wireless charging system to Jaguar Land Rover vehicles to support the City of Oslo with the world’s first high-powered wireless EV […]

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Renewable Enterprise Software Firm Pexapark Raises €6m Funding

Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […]

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Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC

After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […]

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DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah

With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […]

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