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

SunHydrogen, COTEC step up production of innovative green hydrogen panels

Iowa-based SunHydrogen has initiated the scale-up phase for production of 1m² green hydrogen panels with its industrial partner COTEC from South Korea. The company's brea... Read More

Alcemi secures permission for 3GWh battery energy storage projects

UK-based battery storage developer, Alcemi has secured planning permission for 1.5GW of battery energy storage projects, including one of the largest projects of its kind. The two ... Read More

US DoE announces $72 million to upgrade 46 hydroelectric projects

The US Department of Energy has announced major investments in the country's hydroelectric sector, with funding to upgrade 46 projects across 19 states. In a release, the DoE said ... Read More

China's RE capacity to overtake coal, industry body asks for battery incentives to speed up additions

China's installed wind and solar capacity will overtake its coal generation capacity this year, according to forecasts from the China Electricity Council (CEC). The industry body's... Read More

Electric carmaker Rimac expands into stationary energy storage biz

Croatian electric carmaker Rimac Technology on Wednesday announced it is expanding into producing stationary energy storage systems through its new subdivision, Rimac Ene... Read More

NGEL signs MoU with Maharashtra Govt. for development of RE, pumped storage, and GH2 projects

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC on Tuesday (Jan. 30) signed a Memorandum of Understanding (MoU) with the Government of Maharashtra for developin... Read More