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Shell to Fully Acquire US Green Firm Inspire Energy Capital

Shell New Energies US LLC has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. Shell New Energies, a subsidiary of oil major Royal Dutch Shell plc, focuses on two main areas: new fuels […]

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Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022

Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […]

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Premier Energies to Invest ₹1200 Cr for Additional 2 GW Capacity

Telangana-based Premier Energies is planning to expand its annual manufacturing capacity by 2 GW through an investment of around Rs 1,200 crore over the next 2 years. The solar PV cells and module maker’s existing capacity stands at 1 GW. Chiranjeev Saluja, Founder and Managing Director, Premier Energies, has said, “The plan is to be […]

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ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022

French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […]

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John Cockerill to Supply Thermal Receivers to Redstone CSP Plant in SA

John Cockerill, a Belgium-based engineering company, has revealed that it will supply molten salt solar thermal receivers to Redstone’s 100 MW Concentrated Solar Power Plant (CSP) in the Northern Cape Province of South Africa. Developed by Saudi Arabia-based ACWA Power and constructed by EPC SepcoIII, the Redstone CSP plant is expected to supply 2,00,000 households […]

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RWE Builds Hydropower Coupled 117MW Battery Storage Systems in Germany

Essen-headquartered German multinational energy company, RWE has announced the construction of one of the largest and most innovative battery energy storage systems (BESS) in Germany. The BESS is coupled with the existing run-of-river hydroelectric power plants. The battery systems will be spread across two locations, as the company said that it will install a total […]

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Waaree Completes 300 MW Production for US Order

Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar manufacturing firm has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that is part of the first phase of Westlands Solar Park (WSP) in California’s San Joaquin Valley. WAAREE has provided 385, 390 Wp Mono PERC Solar PV […]

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Siemens to Build 100 MW Battery Storage Facility in Germany

Technology company Siemens Smart Infrastructure has signed a letter of intent with Zukunftsenergie Nordostbayern GmbH  for the turnkey construction of a 100 MW battery storage facility in Wunsiedel, Germany. The plant, with a storage capacity of 200 megawatt hours, is intended to use surplus renewable energy and cover demand peaks in the power grid. The 5,000 square […]

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