Renewable Energy

Ford Motors Signs 650 MW PPA With United States Energy Company DTE Energy
DTE will certainly raise the amount of solar energy set up in Michigan by about 70% by including 650 megawatts under its MIGreenPower initiative for Ford. Every Ford vehicle constructed in Michigan will certainly be put together utilizing the power that is 100% carbon-free by 2025, which is ten years earlier than Ford's worldwide target. By utilizing carbon-free electrical power, Ford will protect against approximately 600,000 tonnes of carbon dioxide emissions per year. The acquisition will aid Ford move closer to carbon nonpartisanship and also bring in jobs and tax money for Michigan.
Aug 15, 2022 // Markets & Finance News, clean energy, Solar Energy Industries Association, SEIA, Renewable Energy, International, green energy, dte energy, electric vehicle (EV) market, Ford Motors
Rays Power Commissions 150 MW Solar Plant In Karnataka
Rays Power declares that this project will about generate 2,40,000 MW of green energy per year & the entire project has actually been performed by Rays Power Infra's in-house EPC group within the scheduled amount of time with zero near misses as well as fatalities.
Aug 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, Renewable Energy, karnataka, Solar Project, solar projects, Solar Park, green energy, Rajasthan Government, Rays Power Infra, Raichur and Koppal
Octopus Energy, Nest And GLIL Spend ₤ 200 Million In Hornsea One
Octopus Energy Generation's fund monitoring group has spent ₤ 200 million in Hornsea One. For a sum of ₤ 400 million, they have actually bought a 12.5% share from Global Infrastructure Partners with a joint venture with GLIL Infrastructure, which is additionally adding ₤ 200 million. A ₤ 3.6 billion fund called GLIL makes infrastructure investments in support of pension funds.
Aug 9, 2022 // Markets & Finance News, clean energy, finance, Octopus Energy, Renewable Energy, International, solar projects, green energy, Hornsea One, Octopus Energy Investments
Mytilineos' profits soar to US$ 168m in H2 2022 as renewable sales double
Renewables programmer Mytilineos has seen its profits soar to EUR166 million (US$ 168.56 million) in H1 2022, with renewables sales nearly doubling.
Aug 1, 2022 // Markets & Finance News, Chile, South america, financial results, Renewable Energy, Mytilineos, turnover, financial update
United States To Provide $56 Million For Solar Manufacturing & Recycling
The new programs are designed to drive innovation in solar technology and also manufacturing, sustaining opportunities for the united state to expand manufacturing of thin-film modules, which do not rely on foreign-dominated supply chains, in addition to sustaining more recent technologies like perovskite solar cells.
Jul 28, 2022 // Manufacturing News, Markets & Finance News, USA, Solar Energy, North America, doe, Renewable Energy, solar manufacturing, Net-Zero Emissions, U.S Department of Energy, President Biden’s Bipartisan Infrastructure Law
500GW of Energy Storage Will Be Globally Readily Available By 2031: Wood Mackenzie
Market development for worldwide energy storage has actually been uneven, with cumulative storage implementations anticipated to get to 500 gigawatts (GW) by 2031. Only 159-gigawatt hrs (GWh) are forecasted for the region by 2031, contrasted to 422 GWh for China and 600 GWh for the USA, as the region's grid-scale market struggles to stabilise.
Jul 28, 2022 // Storage, Wood Mackenzie, Renewable Energy, International, green energy
Electrolux, SolarizEgypt to Cooperate In Solar Sector in Egypt
According to the official statement, the pact includes various phases. Electrolux will employ the renewable energy to produce cleaning devices, refrigerators, Delta electrical water heaters, and stoves.
Jul 25, 2022 // Plants, Large-Scale, Commercial, Delta, Renewable Energy, Ashraf El Bahwash, Electrolux, Maysam El Hennawy, SolarizEgypt, Yassin Abdel Ghaffar
JIOS Aerogel Expands Innovation Program Battery Testing Laboratory in Singapore
JIOS states that it is frequently evaluating new remedies on a weekly basis with several kinds of Li-ion battery cells. VDE laboratory will additionally enable comparison for their ultra-thin remedies that can vary in density from 1.0-- 4.0 mm. The business states that this will make it possible for JIOS Aerogel to quell battery makers, who are always on the lookout for thinnest possible, higher-performance services.
Jul 20, 2022 // Technology, Storage, clean energy, ENERGY STORAGE, Renewable Energy, VDE Renewables, Battery Testing Laboratory, Stephen Hodson, JIOS Aerogel, Li-ion battery systems
Assam Obtains Its First Solar Plant
Assam Chief Minister Himanta Biswa Sarma has released a 25 MW solar energy project in Lalpul at Udalguri district. Built at an enormous Rs 300 crore, the plant will benefit 65,000 villagers. The project was developed on 'build, own, run' design under Assam Solar Energy Policy 2017.
Jul 20, 2022 // Plants, Large-Scale, Commercial, BOO, Assam, net-zero, Renewable Energy, Udalguri, Carbon credit, Navratna PSU company Neyveli Lignite Corporation, Solar Power Industry
Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects
By the end of 2023, Summit Ridge expects to have more than 500 MW of solar and also 100 MWh of battery storage space projects on-line supplying energy savings to roughly 175,000 household as well as commercial customers. Earlier, Apollo released its Sustainable Investing Platform, which is looking to deploy $50 billion in clean energy and also climate capital over the following five years.
Jul 14, 2022 // Markets & Finance News, clean energy, Battery Storage, Renewable Energy, solar projects, summit ridge energy, Steve Raeder, Apollo, Corinne Still, clean power, Wilson Handler
Wartsila Will Supply Energy Storage To Among The World's Largest Solar Plus Storage Project
Wartsila, a Finland-based technology firm, has signed an agreement with Clearway Energy Group. Wartsila will certainly provide energy storage devices amounting to a 500-megawatt (MWac)/ 2-gigawatt hour (GWh) portfolio.
Jul 14, 2022 // Markets & Finance News, Storage, clean energy, Solar, Solar Energy, Wärtsilä, Renewable Energy, International, green energy, Clearway Energy Group, battery energy storage solutions, largest solar-plus-storage project
Blume Ventures Invests $2.5 Million in Solar Funding Platform Aerem
Mumbai-based solar funding platform, Aerem has elevated $2.5 Million in financing in a pre-series round from New Delhi-based capital firm, Blume Ventures. Aerem said it is making every effort to get to 20 million industrial MSMEs. The firm estimated that the marketplace capacity for MSME alone is over $200 billion.
Jul 12, 2022 // Markets & Finance News, India, Asia, finance, funding, Renewable Energy, green energy, Aerem, Blume Ventures
Romania's Greatest PV Project To Run With Sungrow Inverters
Sungrow will supply PV inverters to the 154 MW Ratesti PV plant's EPC company INTEC Energy Solutions. This considerable project in Romania utilised Sungrow's 6.25 MWA turnkey main inverter remedy.
Jul 7, 2022 // Plants, Large-Scale, Commercial, Inverters, clean energy, Europe, Renewable Energy, Romania, International, Solar Project, solar projects, green energy, INTEC Energy Solutions, PV inverter supply, Ratesti PV plant, PV plant project, Sungrow Energy
China's CATL Launches Battery With 1000 km Range On A Single Charge
CATL claims that the Qili batteries, are anticipated to be standardized and begun the marketplace in 2023. The battery has a volume utilization efficiency of 72% as well as a power density of as much as 255 Wh/kg.
Jun 27, 2022 // Storage, clean energy, China, Asia, CATL, Renewable Energy, Contemporary Amperex Technology Co Ltd, CTP 3.0 battery, Kirin battery, Qilin battery
Bhutan Mulling 300 MW Solar Power Addition
The Bhutanese government has actually determined 7 sites where the solar farms will be established at a price of $300 million. Bhutan presently has a mere 9 MW of renewable energy apart from hydropower.
Jun 17, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, ADB, Asia, rooftop solar, Asian Development Bank, hydropower, Renewable Energy, Solar Power, Bhutan, Bhutan Renewable Energy Master Plan, Lokhnath Sharma, Wangduephodrang