Element Resources to build green hydrogen plant in Lancaster, California
Element Resources announced its plans to build and operate a major renewable hydrogen production facility in the City of Lancaster, California.
The green hydrogen production project,...
Hecate Energy closes five-year $550 mn credit facility package
Hecate Energy has closed a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit...
RWE expects net income of €3.2 bn for fiscal 2022
Renewable energy major RWE said it expects to close fiscal 2022 with a net income of €3.2 billion, according to preliminary figures.
This is due to...
SolarEdge starts shipping battery cells for stationary Energy Storage
SolarEdge Technologies announced that its Energy Storage division has begun shipping new battery cells designed for stationary Energy Storage applications.
The Nickel Manganese Cobalt (NMC)...
Masdar signs 5GW renewable energy projects
Masdar has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries --Angola, Uganda and Zambia -- to develop renewable energy projects with a combined capacity...
EU Innovation Fund grants €108 mn to RWE’s waste-to-hydrogen project FUREC
RWE’s FUREC project, which aims to produce circular and green hydrogen from non-recyclable municipal solid waste in Limburg, the Netherlands, received a €108 million...
US plans $50 mn Clean Energy to Communities program
The U.S. Department of Energy (DOE) announced its Clean Energy to Communities program offering up to $50 million to communities to transition to clean energy...
GE and IHI to develop gas turbines operating on ammonia
General Electric’s turbine manufacturing unit has tied up with Japan’s IHI Corp to develop gas turbines operating on ammonia to reduce carbon dioxide emissions.
GE and IHI...
Budget recommendations for India’s renewable energy sector
India’s renewable energy sector offers significant investment opportunities for global and domestic investors, according to a new joint report by the Institute for Energy Economics and...
Funding for energy storage surges 55% to $26.4 bn
Corporate funding (including venture capital funding, public market, and debt financing) for the energy storage, smart grid, and energy efficiency sectors in 2022 increased...
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