Tata Power eyes 2,800 MW of pumped hydro storage capacity

Tata Power Company is looking to set up 2,800 MW of pumped hydro storage capacity at an investment of around ₹15,000 crore, CEO Praveer Sinha told reporters. He said the company wo... Read More

Solar, BESS will account for 81 percent of US new generation capacity addition in 2024

The US will add a whopping 62.8 GW of new utility-scale power generation capacity in 2024, and a massive 81 percent of that will consist of solar panels and battery storage, the US... Read More

Blue Planet acquires majority stake in Mahindra Waste to Energy Solutions

Singapore-based waste management company, Blue Planet Environmental Solutions (Blue Planet) announced that it has acquired a majority stake in Mahindra Waste To... Read More

Siemens Energy's $150 mn transformer plant could help US clear renewables' connectivity backlog

German power equipment company Siemens Energy announced it would invest $150 million in the US to set up a new transformer facility in Charlotte, North Carolina. Construction will ... Read More

Cleantech funding hits record, but falls short of what net zero pathways require

Brookfield's latest fundraise and the record money pumped into the energy transition sector last year show investors have an appetite for cleantech risk. The world needs more of it... Read More

OPES Solar Mobility setting up facility for automotive solar technology in Germany

Automotive solar tech firm OPES Solar Mobility has selected the German town of Zwenkau as its new location for developing vehicle-integrated photovoltaics for trucks, mot... Read More

GFL to invest ₹60 billion in GFCL EV; eyes global EV/ ESS battery supply chain

GFCL EV Products Ltd (GFCL EV), a wholly owned subsidiary of leading Indian chemical company, Gujarat Fluorochemicals Ltd (GFL), has announced an investment of a whopping INR 6000 ... Read More

Galp and Powin join forces for a major energy storage project in Portugal

Portuguese multinational energy corporation, Galp, and US-based energy storage system provider, Powin LLC, (Powin) have partnered to install a 5MW/20MWh utility-scale battery ... Read More

Gensol Engineering raises INR 9 billion in equity capital

Solar EPC, EV manufacturing, and EV leasing service provider Gensol Engineering Ltd (Gensol) on Tuesday announced it has raised INR 9 billion in equity capital through a preferenti... Read More

Europe finalizes answer to US Inflation Reduction Act, aims to become net zero continent by 2050

Europe on Tuesday framed new rules on local production of wind and solar power equipment, fuel cells and other green technologies, after an agreement involving lawmakers in the Eur... Read More