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clean energy transition

Gujarat Becomes 4th State to Meet RE Targets 2022; Maha, AP, UP, MP Fall Short

Global thinktank for energy, Ember has published its most recent analytical report, which revealed that by August 2022, India has reached two-thirds of its 175 GW renewable energy goal for the year. Gujarat achieved this goal alongside Telangana, Rajasthan, and Karnataka. The majority of the shortage is made up of four states: Maharashtra, Uttar Pradesh, […]

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KKR Invests in Hero Future Energies in $450 Million Transaction

New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […]

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Zero Emission Mobility: The Sustainable Future of Urban Logistics

By Namit Jain, Founder & CEO, Zen Mobility The world’s leading urban logistics companies have a new mission: to reduce all logistics-related emissions to zero by 2050. Their rich expertise, vast resources, and innovative ideas will help turn this bold vision into reality. To achieve this goal, green logistics solutions would need to be implemented […]

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Apollo Solar Project of EDF Renewables to Power 1200 Restaurants of McDonald’s

EDF Renewables North America has said that it has signed a 15-year virtual power purchase agreement with fast food chain McDonald’s. The 255 MWac / 332 MWdc Apollo Solar project will help McDonald’s meet its sustainability goals.  Apollo Solar is located in Texas and is expected to begin delivery of low carbon electricity in June […]

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Canadian Solar Launches EP Cube Residential ESS

Canadian Solar, which manufactures solar PV modules, has announced that its majority-owned subsidiary CSI Solar, will launch EP Cube, a lightweight and sleek all-in-one residential energy storage solution. The innovative product will be unveiled at RE+ trade show on September 19-22, 2022, in Anaheim, California. EP Cube- Driven by Innovation  The EP Cube boasts of several […]

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IKEA, SunPower Launch Home Solar Offering in California, USA

Global furniture store owner IKEA US has teamed up with SunPower, a  solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […]

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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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On World EV Day, Startups Are More Optimistic Than Ever About The Future

September 9, designated as World EV day has come around again, and this time, we can truly say that a new sense of optimism pervades the sector. Yes, there have been the usual hiccups, including the not so minor issue of quality control over the Lithium ion batteries that power most EVs, but it would […]

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