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IKEA To Help India Suppliers Go Green By Enabling Shift To Renewable Energy

IKEA, the 35.2 billion Euro (Rs 313,000 crores) Swedish home furnishing retailing major has announced a programme for its suppliers in India, Poland and China where it will help them transit to 100 per cent renewable electricity. Almost 1,600 direct suppliers will be covered under this move, IKEA said in a statement. In India, In India, IKEA currently […]

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Solar Generated Maximum Electricity Among all Renewables in Australia

Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […]

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World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […]

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Renewables Produce Record 50.7% of Energy in May in Spain

The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […]

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BPCL Floats Tender For 15 MW of Open Access Renewable Power

Oil and Gas major  Bharat Petroleum Corporation Limited (BPCL) has floated a tender for the supply of 15 MW of solar or non-solar Renewable Power under open access to BPCL and its Mumbai Refinery at Mahul. According to the tender document and Power Purchase Agreement (PPA), the scope of work for supplier includes evacuating solar […]

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Bengaluru Airport Becomes Net Energy Neutral, Saves 22 Lakh Units

On World Environment Day, Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has achieved net energy neutral status in the fiscal year 2020-21. BIAL considers this one of its ambitious goals as it already set the target to become Net Energy Neutral by 2020-21. Even it claims to begin 2021-22 promisingly […]

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5 Energy Megatrends for Latin America- Chinese Dominance, Cyberattacks And More

Americas Market Intelligence (AMI), a strategic research and business intelligence firm has released a new report, 5 Megatrends For Latin Americas Energy Sector for 2022 and Beyond  in which it has highlighted  five major changes taking place in Latin America’s energy sector: Cleaner fossil fuels gaining traction as Latin America’s green energy market expands. China’s control […]

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Global Energy Investments Far From a Net Zero Pathway: IEA

As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […]

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Wärtsilä’s Energy Storage Projects in Philippines Achieves Final Commission

Finnish manufacturer and service provider of power sources and other equipment in the marine and energy markets, Wärtsilä Corporation announced the final commissioning of the first two of its multiple energy storage projects in the Philippines. Wärtsilä has had signed many projects with SMC Global Power Holdings Inc. through its subsidiary, Universal Power Solutions Inc., […]

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