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Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA

Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […]

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RMI Foresees Cleantech To Drive 10% Of Global GDP Growth 

The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […]

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Emmvee Group Adds 795.4 MWp Topcon DCR Module Order for NTPC Khavda Project

Fresh off its sterling performance in the Kiwa PVEL module scorecard, Emmvee Group has announced a landmark 795.4 MWp Topcon DCR Module Supply Order from NTPC Renewable Energy Limited. This agreement is part of NTPC’s ambitious 1255 MW Khavda Solar Project in Gujarat, marking a significant milestone in the renewable energy sector. The deal underscores […]

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Growatt To Showcase Smart Energy Solutions At SNEC Expo 2024

The SNEC PV Power Expo, scheduled from June 13 to 15, will be held at the National Exhibition and Convention Center (Shanghai) in China, serving as a platform to gather all professionals and discover the most pioneering trends in the field of new energy. At this event, Growatt will showcase its innovations and full range […]

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Repsol Signs RE Purchase Agreement with Microsoft

Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […]

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SaurEnergy Explains: Why Is PVEL Scorecard Important For Indian Manufacturers?

PV Evolution Labs (PVEL), an autonomous testing facility catering to the downstream solar industry and affiliated with the Kiwa Group, has released its newest PV Module Reliability Scorecard. The latest edition of the annual scorecard highlights 388 model types of PV modules from 53 manufacturers as Top Performers in PVEL’s rigorous testing. This year’s list […]

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SC Net Zero Ventures Raises €125 Mn For Energy Transition

SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […]

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SOLshare Secures $2.2 million Investment For EV Integration

SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […]

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Climate Risk for Renewable Energy Projects & Parametric Insurance

Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […]

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