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China cutting coal use, growing it’s solar and wind energy capacity fast

Figures released by China’s National Bureau of Statistics reveals that China is cutting coal and growing its wind and solar energy capacity fast. Last year China’s solar power generation capacity was up by 74% while wind power generation witnessed increase by 34 percent. Speaking to New Scientist, Tim Buckley of the Institute for Energy Economics […]

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BRICS Now Home To 3 Of World’s Top 5 Solar Nations: EMBER

Renewable energy drove record clean electricity growth in 2024, with solar and wind accounting for most of the gains, think tank Ember said in its latest Global Electricity Review. Renewable power sources added adding 858 TWh in 2024, 49% more than the previous high in 2022, as per the report.  The study showed, “Solar was […]

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Canadian Solar’s e-STORAGE To Deliver 2 GWh ESS For CIP

Canadian Solar Inc.’s e-STORAGE, a part of the company’s subsidiary CSI Solar Co., Ltd. (CSI Solar), recently signed contracts with Copenhagen Infrastructure Partners (CIP), through its fund CI IV. The contracts cover the delivery of 2 GWh DC of battery energy storage systems (BESS) for two projects in Scotland. The 1 GWh DC Coalburn 2 […]

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India’s RE Investment Hits USD 12.4 Bn, Falls Short of 2030 Target: Report

India’s renewable energy investment has grown to USD 12.4 billion in 2023, up from 2020. However, investment remains far below the estimated USD 200 billion required to achieve India’s goal of 500 GW of non-fossil fuel electricity capacity by 2030. According to the Zero Carbon Analytics report’s findings, to meet the 500 GW of non-fossil […]

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JSW Renewable, China’s SANY Seal Licensing Deal Formally

JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […]

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Q2 Results: JSW Energy Reports Marginal Surge In Net Profits

JSW Energy Limited today reported its results for the quarter (“Q2 FY25” or the “Quarter”) ended September 30, 2024. Key Highlights of Q2 FY25 Operational: Net Generation increased 14% YoY at 9.8 BUs driven by wind capacity additions, higher generation at thermal and hydro plants Total RE generation is up by 14% YoY at 5.0 […]

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MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni

Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […]

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Solar-Storage Can Avert India’s 40 GW Power Shortage By 2027: Berkeley

India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a […]

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