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Five Ways Indian Railways Plans To Go Net-Zero By 2030

  Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […]

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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

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GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I

GoodWe, the leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record […]

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Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables

Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean island’s Ministry of Energy, Commerce and Industry (MECI) last week announced its ‘General policy framework for energy storage systems’. It said the government will be deploying centralised energy storage […]

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Azure Power Announces its New CEO in Sunil Gupta

Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […]

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EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan

The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […]

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EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […]

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Philippines Grants 1.97 GW Solar Capacity in Second Green Energy Auction Round

The Philippines Department of Energy (DOE) has shared a list of bidders who have won the Second Green Energy Auction Round (GEA-2). The Green Energy Auction Bids Evaluation and Awards Committee has awarded capacity worth 1,870.8 MW for ground-mounted projects and another 90 MW of capacity for floating solar power. 10 MW of capacity has […]

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Chargeup Introduces Solar Battery Swap Station in Jaipur

Chargeup, a provider of battery swapping network, has announced the launch of a solarized battery swapping station. The firm claims that this is a first-of-its-kind in India. The pilot project for the battery swapping station, launched in Jaipur, is owned and operated by Chargeup. The solarized battery swapping station has the ability to handle the […]

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