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Land Issues Slowing Down RE Projects In South Asia: Bloomberg

According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […]

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Pakistanis Take Matters In Their Own Hands With Rooftop Solar Boom

Pakistan has been facing the dual challenge of rising electricity prices and an unreliable grid power supply for some time now. With electricity prices in key cities like Lahore nudging Rs 70/kW, and that too with unreliable supply, it has become only too apparent for many middle class and richer residents that they will need […]

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Toyota, Panasonic Form Primearth For Mass Production Of EV Batteries

Toyota Motor Corporation plans to mass-produce diverse EV batteries by making  Primearth EV Energy Co., Ltd. (PEVE) with Panasonic Holdings Corporation a wholly owned subsidiary to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March.  Toyota Motor Corporation has agreed with Panasonic Holdings Corporation (Panasonic HD) to […]

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Cleantech Solar Crosses 300 MW Mark in Maharashtra For C&I Segment

Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, has commissioned open access solar PV projects totaling 24 MWp at its solar park in Yavatmal district of Maharashtra. Power from these projects is being procured by leading corporates on a captive basis to meet energy needs for their […]

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IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE

A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […]

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New Building Regulation Code Reduces Heat Pumps Emission By 25%: IEA Study

International Energy Agency (IEA) report on, “The Evolution of Energy Efficiency Policy to Support Clean Energy Transitions” outlines the changing energy system and shows why traditional energy efficiency policies must evolve, globally, to ensure clean energy transitions. In response to the evolving energy landscape, the IEA analysis focuses on leveraging existing policy foundations. For instance, […]

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PM Modi Announces Scheme To Install Rooftop Solar On 1cr Households

Days after the Ministry of New and Renewable Energy (MNRE) increased its subsidies for Residential Rooftop Solar, Prime Minister Narendra Modi today announced a dedicated scheme to boost the sector. Modi named the scheme ‘Pradhanmantri Suryodaya Yojana’. As per the announcement of the Prime Minister, under this scheme, the Indian government would target to install […]

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33 GW Solar In Sight In US For 2023, With 6.5 GW Additions In Q3

The U.S. solar industry added 6.5 gigawatts (GW) of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin to take hold. As a result of this growth, the United States is expected to add a record 33 gigawatts (GW) of solar capacity in 2023, according to the […]

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WBSEDCL Floats Tender for O&M of Solar Plants of 40 MW Capacity

West Bengal State Electricity Distribution Limited (WBSEDCL) has floated a tender for comprehensive O&M solar plants of four 10 MW ground mounted solar power plants. The completion time is three years from the date of handing over the site. The estimated cost of the project is INR 5,40,00000. The Earnest Money Deposit to be made […]

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