renewables

India’s leading Industrialised states continue to lead the solar push also

The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […]

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Neoen sees bigger appetite for RE as Europe shuns Russian power

French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […]

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European Commission Announces €300mn Plan for Development of Hydrogen Economy

Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a […]

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NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future

The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […]

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High Efficiency Ultrathin Solar Cell Developed by UK based Researchers

Researchers at Imperial College London and University College London (UCL) claim to have found a novel technique to enable record-breaking power conversion efficiency in solar cells that are at least 100 times thinner than the conventional solar cells. The usual silicon based solar cells’ fabrication is often expensive, energy-demanding, heavy and bulky in nature. Also, […]

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16 Megawatt Offshore Wind Turbine to Come Up in China

Chinese domination in the renewable energy sector continues with the latest announcement of wind turbine manufacturer MingYang Smart Energy’s plans to deploy two giant wind turbines, with 16 megawatts (MW) capacity each, in the South China Sea. Sources say that the installation will take place at the MingYang Yangjiang Qingzhou Four offshore wind farm. According […]

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Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects

To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […]

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400MW Floating Wind Farm Proposed off Northern Ireland Coast

Search for renewable sources of energy is gaining significant speed in Western Europe and Northern Ireland is on the forefront when it comes to capturing offshore wind energy. Possibilities of massive offshore floating wind farms, which are expected to attract investments of multi million pounds beyond the coasts of Northern Ireland, are being evaluated and […]

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Virescent to acquire Godawari Green Energy’s 50 MW solar thermal plant

 Godawari Power and Ispat Limited (GPIL) is on the verge of selling its 50-megawatt (MW) solar based thermal power plant to new entrant Virescent Infrastructure Investment Manager in the coming days. The senior leadership has held that the size of the total deal is about Rs 665 crore. The key reason forwarded by the company […]

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