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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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LG and ChargePoint Join Hands to Innovate EV Charging

ChargePoint, a provider of networked charging solutions for electric vehicles (EVs), and global innovator LG Electronics (LG) have formed a partnership to leverage their respective strengths for future innovations in EV charging. “LG shares ChargePoint’s commitment to enabling a world-class charging experience for all EV drivers, regardless of make, model, or connector type”. The first […]

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NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka

NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, […]

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Despite Record Investments, World Off Track For 2030 RE Target: EY

Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […]

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Honeywell Forays Into AI Battery Manufacturing Platform

Honeywell has announced the launch of its Battery Manufacturing Excellence Platform (Battery MXP), an artificial intelligence (AI)-powered software solution designed to optimise the operation of gigafactories from day one by improving battery cell yields and expediting facility startups for manufacturers. With traditional standalone solutions, battery manufacturers’ material scrap rates can be as high as 30% […]

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GB Solar Starts Work On Expanding Module Capacity to 2 GW

Vadodara, Gujarat based PV manufacturer GB SOLAR TECHNOLOGIES PVT LTD ( formerly GreenBrilliance Renewable Energy LLP), is expanding its PV module production capacity to 2.0 GW. The capacity, located in Karjan, Vadodara, will start production within 6-8 months this year. A ground-breaking ceremony was held on 7th June, 2024 at the site in the village […]

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Bernreuter Predicts 600-660 Gigawatt Solar Additions In 2024 Globally

Global photovoltaic (PV) installations will land in a range of 600 to 660 gigawatts-direct current (GWdc) in 2024, according to the latest analysis from polysilicon market expert Bernreuter Research. “Once market participants come to the conclusion that the crash of the solar module price has reached its bottom, demand will accelerate,” says Johannes Bernreuter, Head […]

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$20bn To Flow Into European Offshore Substations: Rystad Energy 

A new report from Rystad Energy projects that 137 substations will be installed offshore continental Europe this decade, requiring $20 billion in total investment. The team said that installations are gathering pace worldwide leading to the need for reliable, accessible infrastructure to bring the generated power onshore and into the electricity grid. “Demand for offshore […]

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