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India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA

ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […]

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ReneSola in Second JV In The UK, With Innova, To Expand European Push

ReneSola Ltd (“ReneSola Power” or the “Company”), the established  fully integrated solar project developer, and Innova, a company that invests in and operate a diversified portfolio of UK renewable energy assets, with a focus on utility-scale ground mounted and commercial roof top solar installations, located at agricultural, industrial and commercial sites, today announced that they […]

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EESL Appoints Mahua Acharya to Lead its Clean Energy Company ‘Convergence’

EESL has appointed Mahua Acharya to lead its new energy company ‘Convergence’ which is focused on delivering clean, affordable and reliable energy. Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings under the Ministry of Power, Government of India, has announced the appointment of Mahua Acharya to lead a new energy company, […]

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Panasonic, Equinor Form Partnership for Establishing European Battery Business

Panasonic, Equinor and Hydro have signed an MoU to form a strategic partnership to explore possibilities for establishing a European battery business. Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The […]

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AI to Help Organizations cut GHG Emissions by 16% in the Next 3-5 years: Report

A new report details how AI powered use cases for climate action have the potential to help organizations fulfil up to 45 percent of their emissions targets of the Paris Agreement. Artificial Intelligence (AI) powered use cases for climate action have the potential to help organizations fulfil up to 45 percent of their Economic Emission […]

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Australia’s Leanings Towards Battery Storage Over New Transmission

It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […]

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Electric Tractor-Trailer Vehicles are the latest addition to DHL’s Green Fleet

DHL is staying on track to make sure that it meets its climate protection goals. The leading international express services provider continues to stay committed to its goal of emission reduction with the latest addition of trailer-trucks to its green fleet. The launching of four BYD Class 8 battery-electric trucks to its US fleet by […]

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EESL, Goa Renewable Energy Dept. Sign MOU For Green Convergence

Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power and Department of New & Renewable Energy (DNRE), Goa, have signed a memorandum of understanding today (November 17) to discuss rolling out of India’s first Convergence Project in the State. The MoU was signed in the presence of R K […]

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MNRE’s October 2020 Report Card For Cabinet

In its’s monthly report for the union Cabinet, the R.K Singh led MNRE has highlighted key monthly achievements for October this year.  While the success with minimising Covid impact has been set off by the lingering issues on other fronts  that have caused a slowdown in fresh capacity installation, the MNRE does have a potential […]

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