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UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue

At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […]

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SECI’s 1200 MW Tranche XI Wind Tender Sees Winning Bids at Rs 2.69/Unit

Wind Energy continues to charge up in 2021, with SECI’s Tranche XI tender attracting winning bids at Rs 2.69/unit. The winning firms this time were ReNew Power (300 MW), Sembcorp through its subsidiary Green Wind Infra Energy (180 MW), Evergreen Power through Anupavan Renewables (150 MW). Adani Green scooped up the largest parcel of 450 […]

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HOP Electric Mobility Starts Setting Up 2nd Unit in Jaipur

Jaipur-based two-wheeler maker HOP Electric Mobility is planning to expand its presence in multiple states, including Rajasthan, Punjab, Haryana, Uttar Pradesh, Gujarat, Telangana, Madhya Pradesh, Bihar and West Bengal. The company is setting up its second manufacturing facility in Jaipur to add capacity of 1.5 lacs units per year by February 2022. The company already has […]

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Researchers At Saudi University Claim Storage Breakthrough With Zinc-Ion Batteries

Researchers at Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) claim to have developed a new zinc-ion battery chemistry that they hope will deliver large-scale energy storage that is cheaper, safer, and more environmentally friendly than the commonly used lithium-ion batteries. The research summary states that rechargeable Zn-ion batteries are highly promising for […]

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AC Energy, ib vogt to Install 300 MWdc Solar Projects in the Philippines

Philippines-Based AC Energy Corporation (ACEN), an energy platform of Ayala, is planning to partner with the Singapore unit of German firm ib vogt for the installation of at least 300 MWdc of solar power projects in the country. In a disclosure to the Philippine Stock Exchange (PSE), ACEN said its executive committee cleared the company’s plan […]

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Global Solar Installations Reached 138.2 GW in 2020

Despite the continued impact of COVID-19, a massive 138.2 GW of solar was installed in 2020, representing an 18% increase compared to 2019, in yet another global annual installation record for the global solar PV sector, finds a new report by SolarPower Europe. SolarPower Europe, the new EPIA (European Photovoltaic Industry Association), has released its […]

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“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables

As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […]

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Ready For High Tide At Jakson Group

At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions […]

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China Surpasses Germany to Claim #2 in Offshore Wind Rankings

China has overtaken Germany as the world’s second largest offshore wind market with 7.9 GW of operational capacity, shows a new Global Offshore Wind report. The World Forum Offshore Wind’s first semi-annual report for 2021 also finds that global offshore wind installations reached 34,137 MW at the end of June. This demonstrates a slowdown in […]

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