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Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report

The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD),  examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […]

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HPCL Tenders For Solar Power Plants At Three Locations

PSU oil maor and ONGC subsidiary Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the supply of solar PV power plants at three different locations of HPCL. The scope of work includes operation & maintenance of the solar PV plants immediately after successful commissioning at Vadodara Terminal, Bihta in Bihar, and Kanpur Terminal, […]

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Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report

Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […]

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Maharashtra Can Save 75,000 Cr Through Energy Transition Over the Decade

Surplus electricity generation capacity, air pollution regulations, and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 crore in 5 years, and over Rs.75,000 crore in the coming decade, says a report released by Climate Risk Horizons.  According to the report entitled, ‘Maharashtra’s Energy Transition-A 75,000 cr. savings opportunity’, as one of India’s most advanced […]

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First Solar to Expand Its US Manufacturing Capacity by 3.3 GW

The leading American manufacturer of solar panels and PV power plants, First Solar Inc. has announced its plans of expanding its American domestic photovoltaic (PV) solar manufacturing capacity by 3.3 GWDC (gigawatt direct current) annually, with an investment of USD 680 million. This investment is representing an implied capital expenditure of approximately USD 0.20 per […]

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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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Clean Energy Investment in Developing Economies a Global Priority: IEA

New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […]

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Scientists in Germany Develop Cost-effective Solar Cell Deposition Method

Researchers led by the Technical University of Ilmenau in Germany claim that if silicon dioxide (SiO2) films are deposited at room temperature without complex vacuum systems, they can be a good, cost-effective candidate for use in commercial c-Si solar cell production lines. SiO2 deposition is used as a passivation layer or a protective layer in various types […]

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IREDA Extends Bid Date For 12 GW CPSU Solar Scheme

Indian Renewable Energy Development Agency Ltd. (IREDA), the implementing agency appointed by  Ministry of New & Renewable Energy (MNRE) for the CPSU Scheme Phase II  has extended the bid submission date to 15th June. The Central Public Sector Undertaking (CPSU) scheme phase-II envisages setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF). […]

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