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BP Targets 1 GW Hydrogen Production by 2030, Planning UK’s Largest Plant

British multinational oil and gas company, BP has announced that it is planning to build UK’s largest hydrogen production plant. The company, which has the aim of reimagining energy and helping the world to reach net-zero emissions is targeting to produce 1 GW of hydrogen by 2030. This project would capture and send for storage […]

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Material Shortage to Increase Module Prices in 2021

The module makers eventually cannot bear the cost pressure anymore which is transmitted from upstream sector as material shortages continues ascend. This is reflected in the actions of almost all industry giants like JinkoSolar, Longi, JA, which reversed their price cut policy and raise their bid quotation, others have already notified their customers of the […]

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Will Module Price Skyrocket in 2021?

80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […]

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Apple’s $4.7 Bn Green Bond Spend Will Help Generate 1.2 GW Renewable Energy

Apple’s newly completed projects, part of the company’s USD 4.7 billion Green Bond spend will generate 1.2 GW of renewable energy globally Apple’s newly completed renewable projects, part of the company’s planned USD 4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green […]

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Shuchi Anant Virya Partners with HPCL to Build EV Charging Points

Shuchi Anant Virya, a 50:50 joint venture of a renewable energy solutions provider Fourth Partner Energy and EV fleet operator Lithium Urban Technologies, was set up for electric vehicle (EV) charging infrastructure in March 2020. Today, Suchi Anant Virya has announced its partnership with ONGC owned Hindustan Petroleum Corporation Limited (HPCL) , to set up […]

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Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025

Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […]

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Bechtel Supports RE Technology to Accelerate UK Offshore Wind Generation

Hexicon, Swedish floating windfarm developer and technology provider and Bechtel are partnering to deliver large-scale offshore floating wind projects along the British coastline and abroad. Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative offshore wind technology for large-scale floating power generation projects off the coast of the U.K. The floating technology could be […]

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GWEC: 22 GW Wind Power Additions in North, Latin America In 2020

A recent report by the Global Wind Energy Council (GWEC) confirms that both North and Latin America, installed nearly 22 GW of new capacity of wind power in the region, a 62 percent spike over 2019 beating back the impact of COVID 19 comprehensively. According to the latest data released by GWEC Market Intelligence, in […]

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Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda

IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […]

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