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Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects

The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […]

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NeuConnect Undersea Project to Link Energy Markets of Germany and UK

The NeuConnect Project, which will create the first interconnector or direct power link between Germany and Great Britain, connecting two of Europe’s largest energy markets is making a move as contracts of £1.5 billion have been awarded by its consortium for the development of undersea link for electricity transmission between Europe’s two largest economies – […]

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Taiwan Based Taiya Renewable Energy Announces 4GW Offshore Wind Pipeline

Taiwan based renewable energy developer Taiya Renewable Energy has said that it has increased its portfolio of offshore wind projects to 4GW. The Island state has natural advantages when it comes to offshore wind and wind energy. The company has said that it has identified potential wind resource sites off Taiwan coasts that could add […]

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As Central Asia’s Fossil Fuels Near Expiry, Time To Look At Renewable Energy

Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan and Kyrgyzstan constitute Central Asia. Out of these, the former three are graced with petroleum resources, while the latter two are endowed with water resources. Electricity generation in these countries has, naturally, long relied on their richness in one or the other of the two resources. The downstream countries tend to […]

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Canada’s e-Zinc raises $25 M to advance long-duration energy storage

Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […]

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Gujarat tops NITI Aayog’s State Energy and Climate Index-Round 1

Gujarat has topped the Niti Aayog’s State Energy and Climate Index-Round 1 (SECI) among larger states, which is aimed at ranking states and Union territories (UTs) on six parameters including discoms’ performance, energy efficiency and clean energy initiatives. With reference to clean energy, particularly solar energy, Gujarat is racing to become number one with a […]

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EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief

Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […]

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SJVN, BHEL, REMC sign MoU to Develop Renewable Energy for the Railways

Satluj Jal Vidyut Nigam (SJVN) has announced that it has signed a Memorandum of Understanding with other two state owned companies – engineering firm Bharat Heavy Electricals Limited (BHEL) and Railway Energy Management Company (REMC) Limited for the development of renewable energy projects. In an official statement SJVN Chairman and Managing Director (CMD), Nand Lal Sharma […]

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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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