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EV Sales Touch New World Record But Raw Materials Could Be Spoiler

The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […]

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India says BRICS countries should explore cooperation in solar energy, climate resilience

Union Minister of Environment, Forest and Climate Change, Bhupender Yadav has suggested to the BRICS countries to explore cooperation in areas of solar energy, infrastructure, industry transition and climate resilience. Interestingly, the BRICS grouping, besides having the world’s no. 2 and no. 2 emitter in the form of China and India, is also notable for […]

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NTPC commissions 35 MW Floating Solar Project in Kayamkulam

State owned power producer NTPC has announced that consequent upon successful commissioning, second part capacity of 35 MW out of 92 MW Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala, is declared on commercial operation w.e.f. 06:00 Hrs. of 19 May 2022. As per the announcement, the first part capacity of 22 MW was already […]

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Evonik Launches New Processing Aids For Improving Photovoltaic Wafer Cutting

German speciality chemicals firm Evonik has launched its new processing aids portfolio under the brand name TEGO® Surten E in China. The firm claims that new additives improve the performance and efficiency of photovoltaic (PV) wafer cutting, leading to better overall performance and production efficiency of solar modules. With many countries, including China, pledging their […]

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RWE Issues €2 billion Green bond For Renewable Play

In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […]

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EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025

Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […]

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