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Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies

Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […]

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European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark

Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view  on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […]

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OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania

The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil corporation OMV Petrom will construct 450 MW of solar PV in the country. According to OMV Petrom, a total of over €400 million (US$390 million) will be spent on the installation of four solar parks- nearly triple the installed solar capacity in Romania. […]

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Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036

An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […]

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Energy Consultancy ABL Group to Assess 2 GW RE in South Africa

ABL Group- an energy and marine consultancy – has said that it been contracted by various developers to provide energy yield assessment for more than 2 GW of potential solar and wind power plants in South Africa. ABL said that about 1.5 GW of the energy yield assessment work is related to nine potential solar […]

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EnerVenue & Green Energy Renewable In 250 MWh Storage Deal

Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […]

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Tata Power RE, Three Other Firms Win GUVNL’s 750 MW Solar Project

The 750 MW grid-connected solar project power purchase auction for Gujarat Urja Vikas Nigam (GUVNL) has concluded Solarcraft Power India, Solairedirect Energy, Tata Power Renewable Energy, and Utkrrisht Solar Energy as the winners.  Solairedirect won 200 MW at Rs. 2.50/kWh, and Solarcraft earned 120 MW with a quote of Rs. 2.49/KW. 300 MW at a […]

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IKEA, SunPower Launch Home Solar Offering in California, USA

Global furniture store owner IKEA US has teamed up with SunPower, a  solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […]

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Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector

Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund  complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […]

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