Renewable Energy

Aramco Enhances Venture Capital Funding Size to $7 bn

Aramco, an integrated energy and chemicals company, has announced a substantial increase in funding for its global venture capital arm, Aramco Ventures. The company will...

Renewable Energy Surge Expected to Propel U.S. Power Generation Growth

The Energy Information Administration (EIA) predicts that there will be a substantial upswing in U.S. power generation, with wind and solar energy taking the...

INERATEC Secures $129 mn in VC Funding to Revolutionize Sustainable E-Fuels Production

INERATEC, an e-Fuel company, has raised over $129 million in its Series B funding round. The VC funding round is led by Piva Capital...

GE Vernova Wins Hybrid Propulsion Technology Contract for UK MOD’s Fleet Solid Support Ships

GE Vernova’s Power Conversion business in the UK has won a contract from Team Resolute to supply hybrid propulsion technology for three Fleet Solid...

Corvus Energy Secures Funding for Incorporating Ammonia Cracker Technology

Corvus Energy, a global leader in zero-emission solutions for the maritime sector, has secured funding for the incorporation of ammonia cracker technology into its...

Canadian Solar Unveils SolBank 3.0 Utility-Scale Energy Storage System

Canadian Solar revealed that its subsidiary, CSI Solar, through its division e-STORAGE, is set to launch SolBank 3.0. This marks the latest advancement in...

ENGIE Plans $2 bn Investment for Greening Gujarat’s Energy Landscape

ENGIE has committed to a development initiative, targeting 2.5 gigawatts (GW) of renewable energy projects across various locations in Gujarat, India, by the year...

China Dominates Global Renewable Capacity Growth, Accounting for 56% Expansion

China’s renewable electricity capacity growth is set to triple over the next five years against the previous five year, solidifying its position as a...