MOUNTAIN IRON, MN, UNITED STATES - Heliene  is pleased to announce closing a strategic equity investment of $54 million from Transition Equity Partners (“TEP”) in collaboration with a consortium of limited partners, including affiliates of Hamilton Lane. The investment will support the expansion of Heliene’s industry-leading operations, which have served the North...
Purvah Green Power, a subsidiary of Calcutta Electric Supply Corporation (CESC), has signed a binding term sheet to acquire 100 per cent share of Bhojraj Renewables Energy. The acquisition is aimed at developing a 300 MW wind energy project and a 150 MW solar energy project. Structured as a...
Nordex Group has secured orders for a total of 74 N163 turbines, amounting to 500 MW of capacity, from Canada. These orders include a premium service agreement, ensuring turbine maintenance for a period between 15 and 30 years. The turbines will be delivered between 2025 and 2026 and will feature...
TotalEnergies has inked an agreement with RWE to acquire a 50 per cent stake in two offshore wind projects, N-9.1 and N-9.2, in the North Sea. Both projects, each with a capacity of 2 GW, are situated 110 km off the German coast. The projects come with 25-year licences...
New Delhi : Su-Kam Power Systems Ltd. garnered an exceptional response at the Renewable Energy India Expo 2024, held in Greater Noida. A large number of visitors thronged the Su-Kam pavilion with great interest at this expo. Su-Kam showcased a wide array of innovative renewable energy solutions comprising existing products...
CWP Global has partnered with Angolan and German companies to develop a 600 MW green hydrogen project in Angola. The project is being led by Angola’s state-owned Sonangol, in collaboration with German engineering firms Conjuncta and Gauff. The initiative aims to produce green ammonia, with the first phase targeting...
GAIL India Limited and AM Green (AMG) have signed a memorandum of understanding (MoU) to develop solar-wind hybrid projects in India, with a capacity of up to 2.5 GW. This agreement also includes a study on how to use about 350 kilotons of CO2 produced by GAIL at its...
The rising usage of fossil fuels for electricity generation and transportation is negatively impacting the environment. This has also resulted in environmental issues like global warming. The increasing depletion of fossil fuels and their impact on the ecosystem has heightened the demand for renewable energy sources. One of the...
With growing demands for sustainability, the aluminium industry is now moving towards being more environment-friendly, especially within the downstream sector of the industry where aluminium is refined and used for different purposes. An important global player in the aluminium marketplace, India, has companies that not only produce aluminium but...
Runergy has begun production at its advanced solar module manufacturing facility in Huntsville, Alabama and thereby expanding into the North American market. The facility is set to deliver its first customer orders in October and deliver cutting-edge solar solutions to its users. With an annual production capacity of 2 GW,...