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CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030

New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […]

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British Intl Invt invests $89 M to scale renewable energy in India

British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […]

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Global wind & solar power growth on track to meet climate targets: report

Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […]

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Analog Devices, Gridspertise in Tie-up For Smarter Grids

US Semiconductor major Analog Devices, Inc. and Gridspertise, the new subsidiary of the Italy based Enel Group providing cutting-edge sustainable solutions to distribution system operators (DSOs), have announced a collaboration to advance the resiliency and quality of smart grids around the world. The collaboration enables the development of new hardware and software that support distribution […]

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Renewables Face An Oil Slick

A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […]

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The Top 5: Biggest Automotive Semiconductor Manufacturers

One of the most unexpected impact of the Covid pandemic has been felt in the automotive sector, where an acute shortage of microchips has roiled production schedules worldwide. An unexpected consequence of the massive use of electronics in vehicles today, the overall surge in demand for all electronics after the first 12 months outpaced the […]

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Exicom completes installation of 5,000 EV chargers in 4 years

Power solutions provider Exicom has completed the installation of 5,000 EV chargers across 200 cities, making it the biggest EV charging facilitator in the country, the company claimed earlier. The installations include 3,600 AC and 1,400 DC chargers. The company had installed its first EV charging facility at Lodhi Estate, New Delhi, in 2018. The […]

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U.S. energy storage market sets Q4 record for new installations: WoodMac

The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […]

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IRENA Members launch new cooperation on critical materials

Members of the International Renewable Energy Agency (IRENA) have launched a new Collaborative Framework on Critical Materials for the Energy Transition, a platform provided by IRENA to exchange knowledge, best practices, and coordinate actions to ensure that the scarcity of minerals and materials does not threaten the accelerated deployment of renewable energy. At the event, […]

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