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NY’s Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity

New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues […]

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The Top 5: Most Affordable Electric Cars Under 10 Lakh

The journey of electric cars from being a concept to now being on the verge of replacing conventional vehicles faced a plethora of challenges. Two of the most important challenges were range and cost which made them pale in comparison to their ICE counterparts. While the year 2022 saw the rise of electric cars, the […]

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Sony Honda Mobility Unveils ‘Afeela’- Its Maiden EV

Japanese conglomerates Sony and Honda have unveiled the prototype and the name of their first electric vehicle produced in partnership at the Consumer Electronics Show (CES) in Las Vegas, USA.  In May last year, Sony and Honda forged a joint venture – Sony Honda Mobility. The new electric vehicle is named ‘Afeela.’ Yasuhide Mizuno, CEO, […]

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The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda

When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […]

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Africa Has EUR 1 Trillion Green Hydrogen Potential: New Study

A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy. The analysis is commissioned by the European Investment Bank, the […]

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Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project

Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […]

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Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems?

The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […]

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Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021

A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […]

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RGreen Infuses EUR 250 million in Israel’s Econergy Renewable

RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […]

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