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LONGi Signs up for Green Hydrogen With Special Unit

LONGi Green Energy, the largest solar manufacturer globally, has gone ahead and incorporated a business unit in March to explore and get in early into the green Hydrogen market. LONGi has a targeted manufacturing capacity of 40 GW in modules, 20 GW in cells, and mono ingots at 65 GW. The move by LONGi really […]

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Wärtsilä Selected by RWE for 80 MWh Energy Storage Project

Wärtsilä has bagged the award of a 40 MW / 80 MWh DC-coupled solar plus storage system in Georgia, USA from RWE Renewables. The technology group Wärtsilä has bagged the award of a contract to supply an engineered equipment delivery (EEQ) of a 40 MW / 80 MWh DC-coupled solar plus storage system to the […]

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ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen

ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […]

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ReNew Power Successfully Prices USD 585 Million of Green Bonds

ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […]

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Fujitsu, AutoGrid to Boost Renewable Energy use in Japan With VPP Solution

Fujitsu will begin offering Autogrid Virtual Power Plant (VPP) solution in Japan under a new collaboration agreement. Fujitsu Limited and AutoGrid Systems have announced that Fujitsu will begin offering Autogrid’s Virtual Power Plant (VPP) solution in the Japanese market. Fujitsu will leverage the solution to maximise the use of distributed energy resources in the domestic […]

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ONGC Tenders for 15 MW Solar Plant at Vagra Site in Gujarat

ONGC has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at its Vagra Site in Gujarat. The state-owned Oil and Natural Gas Corporation (ONGC), a multinational crude oil and gas entity, has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at […]

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World Adds Record new Renewable Energy Capacity in 2020: IRENA

According to IRENA, the world added more than 260 GW of renewable energy capacity last year, exceeding expansion in 2019 by close to 50%. Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the […]

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Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business

Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […]

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EIB Provides Brenmiller Energy with €7.5 Mn for Innovative Thermal Storage Factory

EIB and Brenmiller Energy have signed a €7.5 million financing agreement to back the company’s construction of the first large-scale factory for its bGen storage unit. The European Investment Bank (EIB) and Brenmiller Energy, an Israeli provider of industrial energy storage solutions, have signed a €7.5 million financing agreement to back the company’s construction of the […]

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