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fossil fuels

Solar resource variability in key global markets increases scrutiny on solar asset performance: Study

A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments,  has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […]

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Tesla, Block and Blockstream to mine bitcoin off solar power in Texas

Electric-vehicle maker Tesla Inc, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday. Blockstream and Block, which was previously known as Square, had revealed in June that they were collaborating to build an open-source and solar-powered bitcoin mining […]

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Maha, NTPC to set up ultra-mega 2500-MW solar power park

The Maharashtra State Power Generation Co (MAHAGENCO) and National Thermal Power Corporation (NTPC) will form a joint venture to set up an “ultra-mega solar park” in the state to generate 2,500 MW green power, officials said here on Thursday. The Rs 1,727-crore project proposal, kickstarted in 2020, was approved by the state Cabinet presided over […]

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The Top 5: Biggest Exporters of Electricity in the World

In the aftermath of the Russian invasion of Ukraine, the western world reacted with a slew of sanctions on Russia. As it turns out, the sanctions topped short of a complete ban on Russian energy – oil, gas, and coal imports. Even as the UK decided to phase out Russian oil by the end of […]

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‘Now or never’ to avoid climate catastrophe, warns UN Panel

UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […]

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Enphase Energy Expands Manufacturing Capacity with Flex in Romania

California-headquartered Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems, has announced the expansion of its nearly 15-year relationship with global diversified manufacturer Flex®. Starting in the first quarter of 2023, Flex’s factory in Timisoara, Romania, will begin manufacturing Enphase® microinverters for the European market, addressing the region’s rapid growth […]

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Thailand Counts on Crypto To Power One Million Farmlands With Solar

The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […]

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Indian Oil, L&T, ReNew Power in JV For Green Hydrogen

In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […]

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