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Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia

The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital

Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […]

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GM and LG Chem to Mass Produce Battery Cells for Future EVs

GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […]

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Vestas Bags 101 MW Wind Turbine Order for 2 Projects in Finland

Vestas has announced that it has secured a 101 MW wind turbine order from Puhuri Oy for the Parhalahti and Hankila projects in Finland. Vestas has announced that it has secured a 101 MW order from Puhuri Oy, a developer and investor in wind energy for the Parhalahti and Hankila projects located in Northern Ostrobothnia […]

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Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power

Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […]

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Vestas Wins 2 Wind Turbine Orders Worth 332 MW in the USA

Vestas has been awarded two orders for a combined 332 MW capacity in wind turbines for projects under development in the USA. Vestas, one of the leading wind turbine manufacturers in the world has announced that it has been awarded two orders for a combined 332 MW capacity in wind turbines for projects under development […]

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Ather Energy to set up new EV Manufacturing Plant in Tamil Nadu

Ather Energy has signed an MoU with the Tamil Nadu government for a 4 lakh square feet electric vehicle manufacturing facility Bengaluru-based EV startup Ather Energy has announced that it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for a 4 lakh square feet electric vehicle (EV) manufacturing facility. The startup […]

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IIT-H Partners With Japanese Firm for Development of Li-ion Batteries

IIT-H has formed a collaboration with Japan-based ItsEV Inc, to develop Li-ion batteries for various applications including electric vehicles The Indian Institute of Technology, Hyderabad (IIT-H) has formed a collaboration with Japan-based ItsEV Inc, to develop lithium-ion batteries (Li-ion) for various applications including electric vehicles (EVs). A research group led by Surendra K. Martha, Associate […]

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