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Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad

A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […]

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1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC

OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […]

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UPPCL Gets Recognition from CM for Achieving Good Results During Crisis

UPPCL has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in ensuring electric supply amid the Coronavirus crisis. The Uttar Pradesh Power Corporation Limited (UPPCL), the company responsible for electricity transmission and distribution within the state of Uttar Pradesh, has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in […]

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EV Boom to Cause Nickel Sulphate Supply to Peak in 2027: WoodMac

Nickel in sulphate production is expected to rise from 211 Kt in 2019 to its peak at 450 Kt in 2027, while demand driven by the EV sector continues to accelerate Nickel in sulphate production is expected to rise from 211 kilo-tonnes (Kt) in 2019 to its peak at 450 Kt in 2027, while demand […]

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EESL Plans to set-up 2000 EV Charging Stations in 2020-21

EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […]

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Power Demand Drop Expands to 19.7% in June First Week

A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May to 19.7 percent in June. A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May […]

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Covid-19 Created Opportunity to Implement Greener, More Circular Economy: Dr. Ajay Mathur

The coronavirus pandemic has created the opportunity to implement a greener, more circular economy, said Dr. Ajay Mathur, Director General, The Energy and Resources Institute, (TERI). He was speaking at a webinar hosted to mark the World Environment Day on the theme, “Resource Efficiency for Greening of Recovery and fostering Sustainable Economic Growth in a […]

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Maruti Suzuki Commissions 5 MW Carport Solar Plant in Gurugram

Maruti Suzuki India Limited has commissioned a 5 MW carport style solar power plant in Gurugram, with an investment of more than Rs 20 crore Maruti Suzuki India Limited has announced that it has strengthened its commitment towards a greener future by advancing its efforts in creating sustainable manufacturing with the commissioning of a 5 […]

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