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Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace

Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […]

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GE Renewable, Goldwind Relegate Vestas To Third Place in Wind Rankings

A new ranking of Wind turbine manufacturers for 2020 from Bloomberg New Energy Finance (BNEF) has turned up a shake up at the top. GE Renewable Energy and Xinjiang Goldwind Science & Technology Co Ltd have moved up to take the first two spots, pushing the erstwhile Danish leader Vestas Wind Systems A/S to  third […]

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Innovations in Floating Wind Technologies Key to Further Cost Reductions

Floating offshore wind is maturing and has performed significant cost reductions over the past years. The technology allows Europe to unlock its full offshore wind potential and enables more countries to benefit from offshore wind in reaching their green transition objectives. Research and innovation remain key to the future competitiveness of floating offshore wind: the […]

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Orange Signs 20-Year Corporate Renewable PPA With Total in France

Orange signed a Corporate Power Purchase Agreement (CPPA)1 with Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through its subsidiary Total Quadran – one of the leaders in renewable energies in France. Total will supply Orange with 100 GWh a year of renewable electricity over a period of 20 years. This agreement will thus enable the development, by 2024, of […]

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Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda

IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […]

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Renewables not Coal & Gas Should be Focus of Vietnam’s Latest PDP: IEEFA

Vietnam’s draft PDP8 has failed to acknowledge the need of developing a more flexible system that can accommodate a changing technology mix Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from […]

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MNRE Issues Amended Draft Policy for Promoting DRE Livelihood Applications

MNRE has issued a revised draft of its policy framework for developing and promoting DRE livelihood applications in rural areas of India The Ministry of New and Renewable Energy (MNRE) has issued a revised draft of its policy framework for developing and promoting Decentralised Renewable Energy (DRE) livelihood applications. The ministry has invited comments/suggestions from […]

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SSN-COE Team Gets Rs 12 Cr Grant from DST for Solar Ingot Manufacturing Tech

Researchers at SSN-COE have been awarded a Rs 12 crore grant from the DST, for tech they believe can catalyse India’s solar ingot and wafer manufacturing abilities SSN College of Engineering (SSN-COE), Chennai has announced that a team of its researchers led by Professor P. Ramasamy, Dean (Research) have been awarded a grant of Rs […]

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Solar the Star For Attracting Investments in India’s Energy Sector

By Vishal Yadav A suitable geographic terrain, supportive Government policies, future energy demand, and environmental concerns have placed growth as well as momentum behind solar energy in India. Rising population, an emerging economy with exponential growth ambitions, and urbanization are some factors contributing to India’s increasing energy demand. According to a report by the International […]

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