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Hyundai Begins Feasibility Study for Fuel Cell EVs in India

Hyundai India has initiated a feasibility study to bring in fuel cell EVs in the country. Hyundai Motor India has announced that the firm has initiated a feasibility study to bring in fuel cell electric vehicles (EVs) in the country. “Progress for humanity with zero-emission mobility is our responsibility and vision to make a long […]

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US Storage Industry to Build on Strong Third Quarter: Report

The US energy storage sector had its strongest third quarter on record and a new analysis by WoodMac predicts a 12x growth in MW-terms between now and 2024. The United States energy storage sector had its strongest third quarter on record this year, deploying 100.7 megawatts (MW) and 264.6 megawatt-hours (MWh) of storage, and 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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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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Is Corporate India Ready for Renewable Power Consumption?

A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […]

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Japanese Offshore Wind Growth Matched by Foreign Interest

Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, according to new research. GlobalData’s research reveals that the Japanese offshore wind market presently stands at a minuscule 68 megawatt (MW). However, 770 MW of capacity is in the pipeline across four projects, all of which […]

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Nokia to Transform Finland’s Smart Grid to Realise Renewables Potential

Nokia has been selected to build an IP/MPLS network to support the digital transformation of Finland’s national electrical grid. Nokia has announced that it has been selected by Fingrid, Finland‘s national transmission system operator, to build an IP/MPLS network to support the digital transformation of its national electrical grid. Fingrid will use the network to […]

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Need Govt Action to Unlock Vast Potential of Floating Wind: WindEurope

Floating wind technology unlocks previously unimaginable horizons of wind power at sea – but it needs Government support for unleashing the full potential. The expansion of offshore wind, as part of the global fight against climate change, will require both bottom-fixed and floating offshore turbines. Floating technology unlocks previously unimaginable horizons of wind power at […]

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Sterlite Power Wins Lakadia – Vadodara Transmission Project in Gujarat

Adding another feather in its cap, Sterlite Power has secured the Lakadia – Vadodara transmission project Ltd (LVTPL) under tariff-based competitive bidding process in Gujarat. The global power transmission assets developer said that it has acquired this inter-state green energy corridor (GEC) transmission project from PFC Consulting Ltd. The company will further execute this project […]

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