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Rosatom Looks for Opportunities in Renewables, Carbon Fibre, EV in India

Russian energy player Rosatom Group leadership has said that it is looking at opportunities in the renewables and carbon fibre sectors, among others, with regards to the Indian market and the firm wants to play a key role in the energy transition of the country, according to reports. Vadim Titov, President of Rusatom-International Network, has […]

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SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only

Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […]

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European Investment Bank to Support EU Communities with US$10 Billion

The European Commission (EC) and the European Investment Bank (EIB) have decided to contribute €10 billion (US$10.1 billion) in support of areas most impacted by the transition away from fossil fuels as the continent struggles with how to decarbonize without leaving communities behind amid a severe energy crisis. The Public Sector Loan Facility, the third […]

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World’s First Hydrogen-Powered Train By Alstom Runs In Germany

Sustainable mobility player Alstom has announced that the world’s first hydrogen train, the Coradia iLint, reached another historical milestone in Bremervörde, Lower Saxony, Germany. Alstom said that it is now used on the world premiere 100% hydrogen train route in passenger operation. As per the official statement by Alstom, this regional train only emits steam […]

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Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy

Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […]

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Canada, Germany All Set To Ink New Hydrogen Deal

Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […]

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Turmoil Ahead In Solar, As Key Suppliers Continue To Raise Solar Input Prices

Consider this. The price of Polysilicon, the earliest processed input in the solar supply chain, averaged CNY (Chinese Yuan) 76/kg  in 2020. In 2021, thanks to a series of incidents at key manufacturing plants and rising demand, prices averaged CNY 117/kg. However, prices as of July 24 have climbed to well over CNY 260/kg, after […]

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Saudi Arabia Looks To Double RE Capacity Through Tenders

The Kingdom of Saudi Arabia is mulling to double the renewable energy tenders this year and give a fillip to the clean electricity availability. According to reports, the country will continue the spree in 2023 for faster development in the solar power and wind farm projects. The Energy Minister Saudi Arabia has an online capacity […]

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Heat Pumps: One Of The Biggest And Least Understood Tools Against Climate Change

The world is tilted towards the notion of preventing the climate change. Climate change is mostly the result of anthropogenic activities and associated harmful Greenhouse Gas (GHG) emissions. The use of fossil fuels to derive energy is the leading contributor toward emissions of GHGs. One of the major uses of energy is managing temperature – […]

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