Amazon

The First RE Project From Amazon is all set to come up in Singapore

Amazon is the world’s largest corporate purchaser of renewable energy, and they have announced their first renewable energy project in Singapore, a 62 megawatt solar project made up of a series of solar panels mounted on a ground system. When complete in 2022, the project will be among the largest aggregated movable solar energy systems […]

Continue Reading
REC

REC Raises $500 Million Through Bonds

REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bond issued under its Global Medium Term Programme of USD 7 billion. The transaction was priced inside the fair value of existing secondary curve of REC USD bonds and is the lowest coupon ever achieved by REC in the USD bond market. Commenting on […]

Continue Reading
Northvolt

Northvolt plans to expand gigafactory in Poland

Swedish battery manufacturer Northvolt is planning to invest another $200 million in its Polish production facility in Gdansk, in northern Poland. “The investment will facilitate a ramp-up in the manufacturing capacity of battery modules and systems in order to fulfill contracts that Northvolt has secured with customers seeking long-term, high-volume supply agreements for complete battery […]

Continue Reading
AI

AI based Market Bidding platform developed by Fluence gets selected for 182.5 MW BESS project in CA, US

Fluence, the leading global energy storage technology, software and services provider, today announced that its A.I.-powered Trading Platform has been selected to provide optimization and market bidding services for Pacific Gas and Electric Company’s 182.5 MW, 730 MWh battery energy storage system in Moss Landing, Calif. Using artificial intelligence, advanced price forecasting, portfolio optimization and […]

Continue Reading
Bangladesh

Bangladesh to bring standardization into domestic Solar Market

The government of Bangladesh has decided to require certification of imported solar equipment by the Bangladesh Standard and Testing Institution, with the move to encompass foreign-made panels, inverters, charge controllers, and batteries. With Bangladesh’s Sustainable and Renewable Energy Development Authority having determined the international standards which should be applied to such products in late 2019, […]

Continue Reading
Alstom

Alstom confirms acquisition of Bombardier

Alstom, a major French rolling stock manufacturer, recently completed its acquisition of Bombardier Transportation. Alstom integrated Bombardier Transportation while levering its Alstom In Motion strategy and says that it hopes to strengthen its leadership in the growing sustainable mobility market. Here’s how the acquisition of Bombardier is expected to benefit Alstom and their collective customer […]

Continue Reading
India

New Opportunities For India To Build A New Energy Future!

India is set to see the largest increase in energy demand of any country over next 20 years, new IEA report says, highlighting potential for policies and investment to accelerate clean energy transition India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its […]

Continue Reading