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Uttar Pradesh Gets Investment Proposals Of Rs 4782 Crores For Renewables

The outcome of GBC 3 (third ground breaking ceremony) has been quite fruitful for the state of Uttar Pradesh in the renewable energy sector development and energy transition. In the most recent case, key players have vowed to invest in the renewable energy segment as investment proposals of Rs 4782 crore have come up for […]

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EDF Renewables Set To Add 100 MW Solar Projects In UK By 2022 End

EDF Renewables, UK, has begun to prepare and construct the site on two approved solar farms in the UK, with the projects totaling almost 100 MW every year. The solar projects are 49.9 MW each in different parts of UK. The first solar project will begin to generate power in the end of 2022. EDF […]

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Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business

Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […]

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MoF Recommends 762 USD/MT, 908 USD/MT Anti-Dumping Duty On Fluoro Backsheets From China

As part of the initiatives to protect the domestic industry, the Union Ministry Of Finance recommended on June 15 the imposition of anti-dumping duty on imports of Fluoro Backsheet excluding transparent backsheet, (FBETB) originating in or exported from China and imported into India. A polymer-based component used in the manufacture of solar modules, Fluoro Backsheet […]

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CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa

Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […]

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Australia Suspends Power Trading In Spot Markets

In a move meant to cool down ever higher energy prices and ‘hoarding’ so to say the Australian Energy Market Operator (AEMO) has suspended the wholesale electricity spot market across all five participating NEM states in the country. AEMO’s notice states that even as it is shutting the market wef June 15, it has been […]

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Olympus to Employ 100% Renewable Energy in Manufacturing, R&D

Japanese medical equipment and photography firm corporate Olympus Corporation has announced that from April 2022, the company has begun to exclusively source 100 per cent of the electricity used at its major research and development (R&D) and manufacturing sites in Japan from renewable sources. The official statement reveals that as a result, carbon dioxide emissions […]

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Tata Solar Commissions 66 MW Solar Project for Vibrant Energy

Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned an EPC (Engineering, Procurement and Construction) project of 66MW for Vibrant Energy. The firm claims that the project will produce 110,029 units of energy annually. The project is spread over 191 acres comprising 1,27,268 solar modules and has been completed within a nine-month […]

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