The Danish solar company Nordic Solar A/S has secured a USD 36.7 million non-recourse loan from Swedbank to finance its 100-MWp Moletai photovoltaic (PV) farm in Lithuania. Located in the Moletai region, approximately 60 km from Vilnius, this solar park is the largest in Lithuania and utilizes
Shanghai Electric Wind Power Group, a subsidiary of the Shanghai Electric Group, has made significant strides in the Asian offshore wind market with the introduction of two state-of-the-art Offshore Service and Operations Vessels (SOVs). Named Zhizhen 100 and Zhicheng 60, these vessels are set to
The Victorian Government's proposed new energy efficiency standards for rental properties have sparked significant controversy, particularly due to their financial implications for landlords and tenants. Set to be implemented in October 2025, these standards mandate that gas appliances in
Eversource Energy has recently secured an $89 million federal grant for the Huntsbrook Offshore Wind (OSW) Hub project, under the U.S. Department of Energy's (DOE) Grid Innovation Program. This substantial funding represents a critical step in the broader Power Up New England portfolio, which
The renewable energy sector is undergoing a significant transformation thanks to the integration of Artificial Intelligence (AI) and Machine Learning (ML). These advanced technologies are revolutionizing how energy is predicted, stored, distributed, and utilized, thus enhancing overall efficiency.
Infogrid’s recent acquisition of Buildings IOT has sent ripples through the commercial real estate sector, signaling a significant evolution in building management strategies. These two companies, both pioneers in their respective fields, are uniting their technological strengths to harness a
