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The Top 5 Grid Enhancing Technologies Transforming the Power Industry

In an era where electricity demand is skyrocketing and the shift toward renewable energy is crucial, a more effective and dependable power system is essential to make this transition seamless. Enter Grid Enhancing Technologies (GETs), which are innovative solutions designed to optimize our existing electrical transmission infrastructure. By integrating renewable energy sources, enhancing grid reliability, […]

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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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Leapmotor Forms JV With European Auto Firm To Foray Into India

Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […]

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TotalEnergies Begins Construction of 12 MW Solar Project at New York’s JFK Airport

TotalEnergies has begun construction of New York State’s largest onsite solar generating and storage system at John F. Kennedy (JFK) International Airport in partnership with the Port Authority of New York and New Jersey (PANYNJ) and the New York Power Authority (NYPA). To be erected as a canopy in one of JFK’s long-term parking lots, […]

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Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet

Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […]

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DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland

Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces.  The Moray West offshore wind farm, developed by Ocean […]

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Hyundai, Kia To Recall 1,70,000 EVs Over Software Issue In South Korea: Report

Hyundai Motor Co and sister company Kia Corp have announced that they will recall about 170,000 electric vehicles (EVs) in South Korea over problems with software in the charging systems, reported news agency Reuters quoting South Korea’s transport ministry. “Hyundai Motor and Kia will take prompt actions to prevent customer inconvenience and will continue to […]

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Solar Thermal Technologies In Focus At Conference Backed By MNRE, NSEFI

New Delhi hosted the International Conference on Solar Thermal Technologies on Feb 12 and 13. Organised by the Solar Energy Corporation of India (SECI) and National Solar Energy Federation of India (NSEFI), the conference focused on ways to integrate Solar Thermal and Concentrated Solar Power (CSP) storage with Renewable Technologies. Driven by dropping costs and […]

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Battery Electric Cars Sales In EU Increase By 55%: Eurostat

Europe Union (EU) witnessed a rise in the sale of battery-only electric passenger cars in 2022 reveals the data shared by Eurostat, which is the statistical office of the European Union. It also showcased an increase in the number of battery-only electric passenger cars in the EU. It stated, “Battery-only electric passenger cars in the […]

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