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Tesla, Block and Blockstream to mine bitcoin off solar power in Texas

Electric-vehicle maker Tesla Inc, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday. Blockstream and Block, which was previously known as Square, had revealed in June that they were collaborating to build an open-source and solar-powered bitcoin mining […]

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In Conversation with Nitin Gupta, Co-Founder, Attero Recycling

As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […]

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Sungrow Wins Enterprise for Best Practices in Achieving SDGs in 2021 From UNGC

The United Nations Global Compact (UNGC) Network China unveiled the list of Enterprises for Best Practices in Achieving Sustainable Development Goals (SDGs) in 2021. Inverter major Sungrow was shortlisted given its outstanding practices in catalyzing global carbon neutrality. Offering access to affordable and reliable energy Sungrow is among the world’s leading renewable energy solution supplier […]

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Uranium Miner Virginia Energy May Install 1000 Acres Solar Project in Coles Hill, Virginia

Uranium development and exploration company Virginia Energy Resources has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on 1,000 acres land owned by it at Coles Hill, Virginia, United States of America. If the solar project comes up, it would generate low carbon energy […]

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Tronox Announces 200 MW Solar Power Project in South Africa

Tronox Holdings, an integrated manufacturer of titanium dioxide pigment, has announced that it has entered into a long-term power purchase agreement (PPA) with the independent power producer, SOLA Group, to provide 200 MW of solar power to mines and smelters of Tronox in South Africa. The news comes even as closer home in India, steel […]

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UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021

UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […]

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Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects

Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […]

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L&T to Develop 280 MW Worth Solar Projects in Rajasthan and Gujarat

Engineering conglomerate Larsen & Toubro (L&T) has announced that the company has got an order to develop a 245MW solar power project in Rajasthan. It has also received another order to build 35 MW (AC) photovoltaic capacity with 57MWh battery energy storage system in Gujarat. The project will be based in the Kutch district. Larsen & […]

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