EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report

A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […]

Read more

Solar Energy In US Can Surpass Hydropower By 2024: EIA Estimates

A latest Energy International Agency (EIA) report on solar growth in the United States (US) suggested that the country witnessed an increase in installed capacity by an average rate of by 44% annually from 2009 to 2022. It forecasted that the US would generate 14% more electricity from solar energy than from hydroelectric facilities in […]

Read more

EU Solar Market Faces Challenges From China and US: ESIA Report

The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing.  The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […]

Read more

Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower

Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […]

Read more

Volkswagen And Audi Seal Deal With Redwood On EV Battery Recycling In US

Automobile majors, Volkswagen and Audi have resurrected their plans for old battery packs from their fleet of EVs. The two automobile giants have sealed a deal with Redwood to recover and recycle end-of-life EV battery packs from their networks in the United States. In accordance with this deal, Redwood will bring the packs to its […]

Read more

Fluence Energy Announces Technology Center in Bangalore for Global Support

Energy storage technology and services provider, Fluence Energy has announced its new global technology center in Bangalore, India. Fluence India Technology Centre will mark local presence in India. Along with this initiative, the company is also looking to enhance its technical capabilities and expand global talent to support product strategy execution. As per the company, […]

Read more

Vestas Secures 86 MW & 39 MW Orders in USA & Estonia

Wind turbine manufacturer, Vestas has secured two wind project in USA & Estonia with the respective capacity of 86 MW & 39 MW.  For the 86 MW Project Sacramento Municipal Utility District (SMUD) has given Vestas an 86 MW order to repower the Solano Wind Project Phase 4 wind farm in California, USA. The site’s […]

Read more

California Set To Add 465 MW More Solar Projects to Its Energy Portfolio In 2022

California is going to add two new big solar projects (Arica solar project & Victory Pass solar project) to its energy portfolio for the year 2022. The U.S. Department of the Interior, Bureau of Land Management has approved the development of both solar projects. Solar developer of both projects, Clearway Energy is ready to install […]

Read more

China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

Read more