SUBSCRIBE NEWS LETTER

Energy Transition

Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market

Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […]

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Senior Manager (Sustainability)

DNV’s Supply Chain and Product Assurance group in India is seeking to fill the role of Senior Manager – Sustainability.  This position shall be based out of Multiple location (Mumbai or Delhi or Bangalore or Calcutta) and shall require travel in connection to consulting/audit engagements as and when required in the space of sustainability. For the time being, […]

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Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio

Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […]

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LG Electronics to Exit Global Solar Panel Business

LG Electronics Inc. is exiting the global solar panel business. The decision, approved Feb. 22 by the LG board of directors in South Korea, follows a comprehensive review of the impact of increasing material and logistics costs, as well as severe supply constraints, on the solar business, the company has said in a statement. Although […]

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Tripura Tea Factories to ‘Go Green’; Will be Run on Natural Gas, Not Coal

Tripura Tea Development Corporation (TTDC), in order to cut down cost of manufacturing tea, has made a pioneering attempt of converting its coal-based tea factories into green energy-based facilities. According to senior members of the tea body, two factories belonging to the state-owned corporation are going to function on natural gas from this season set […]

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Huawei Picked For 390 MWp Solar Project in Poland

Huawei was recently selected by R.Power Group, one of the largest players in the Polish PV market, to supply 390 MWp of its world-leading smart string inverters for numerous solar projects in Poland. The contract provides for three types of Huawei inverters – SUN2000 215KTL-H0, SUN2000 185KTL-H1 and SUN2000 105KTL-H1 – to be used to […]

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Rooftop Solar Installation Price to Rise Until 2023: GlobalData

Those striving to improve their carbon footprint by installing rooftop solar panels during the pandemic missed out on what has been over a decade-long annual price drop, according to GlobalData. The data and analytics company found that the price of panel systems dropped every year between 2013 and 2020, after which COVID-19-related supply chain disruption […]

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MNRE Issues Framework to Promote Decentralised RE Livelihood App

The Ministry of New & Renewable Energy (MNRE) has issued a ‘Framework for Promotion of Decentralised Renewable Energy (DRE) Livelihood Applications’. DRE technologies are basically solutions, systems or products powered by renewable energy that help people to make a living. Solar looms, solar pumps, biomass powered cold storage and so on are some of the […]

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China, Europe Lead record global EV sales in 2021

A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […]

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