In Short : At the Financing for Development Conference, ADB President Masatsugu Asakawa announced the opening of a new Paris office to strengthen European ties. ADB also doubled its co-financing target with France’s AFD to \$6 billion for 2026–2028. Asakawa emphasized mobilizing private capital and deepened partnerships with OECD, IFAD, and others to boost climate, […]
The UK battery plant is a significant development for the country’s automotive industry. Tata Sons is engaging in discussions with multiple startups as it seeks technical expertise for its £4 billion ($5.1 billion) UK battery plant. According to P.B. Balaji, CFO of Tata Motors Group, the collaborations for the battery plant, with a capacity to […]
Chennai : Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, announces the signing of long-term power purchase agreements (PPAs) with leading Commercial &Industrial (C&I) customers in the state ofTamil Nadu to develop ~60 MWp of open access solar PV projects. These projects are being built at the […]
Working in consortium with CSEM, Helmholtz-Zentrum Berlin, Fraunhofer ISE, and the University of Stuttgart, Meyer Burger is researching tandem solar cells and developing next-generation solar modules These activities center around the industrialization of the new technologies, moving from the laboratory to mass production with a view to the future expansion of gigawatt capacities at Meyer […]
Ørsted has entered four partnerships to pursue early-stage solar and onshore wind projects in the upcoming grid auctions in Spain and announces multi-GW ambitions in the market long-term. To support its Spanish ambitions, the company has established a team and office in Madrid. In 2021, Ørsted entered the European onshore market by acquiring Brookfield Renewable […]
The African Development Bank, in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation of national climate change funds and green banks in Africa. CGC will identify and work with six African countries to conduct feasibility studies for the project, which was initiated […]
Nippon Koei, one of Japan’s largest engineering firms, has formed a joint venture with a British battery storage firm to construct two 50MW behind-the-meter energy storage projects in the UK. Nippon Koei revealed earlier this week that its Netherlands-based Nippon Koei Energy Europe (NKEE) subsidiary had partnered with RNA Energy to establish two special purpose […]