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Global Solar Capacity Set to Exceed 150 GW in 2021

With an expected 150 GW of fresh solar capacity to be added in 2021, solar will continue to strengthen its place as the biggest contributor to fresh capacity additions worldwide in 2021. With almost 40 GW added in 2020, numbers that defied multiple predictions of hits from the Coronavirus pandemic, markets such as the US, […]

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Yamaha, Honda, KTM, and Piaggio Team Up to Create Swappable Batteries Consortium

Yamaha Motor Co., Ltd. has announced that the company has signed a Letter of Intent with Honda Motor Co., Ltd., KTM AG, and Piaggio & C SpA to set up a Swappable Batteries Consortium for Motorcycles and light electric vehicles (EVs). By extending the range, shortening the charging time, and lowering vehicle and infrastructure costs, […]

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Sterling and Wilson To Launch EV Charging Infrastructure, Partners With Enel X

Engineering, procurement, and construction (EPC) major, Sterling and Wilson will soon be entering the Indian electric mobility segment with the launch of electric vehicle (EV) charging infrastructure. The company has announced its 50-50 partnership with Enel X, a subsidiary of Enel Group, innovative products, and digital energy solutions provider, to make the move into e-mobility. […]

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6 GW Offshore Wind Capacity Added Globally in 2020, 50% Plus in China: GWEC

The global offshore wind industry had its 2nd best year ever in 2020 installing over 6 GW of new capacity, driven by a record year in China. According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new […]

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BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis

BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […]

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Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac

Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie.  The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […]

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Meghalaya to Adopt 15% EVs by 2025, Under EV Policy 2021

The Transport Department of Meghalaya has released the ‘Meghalaya Electric Vehicle Policy 2021’ to facilitate the adoption of at least 15 percent EVs in the State by 2025.  The government has decided to Go Green as it is aiming to add around 20,000 EVs in the State during the policy period. This will save about […]

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REC Limited Raises USD 500 Million Through Bonds

REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […]

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CESL Tenders for 100 MW Solar Power Systems Across Maharashtra

CESL has tendered for setting up 100 MW solar power generating systems (SPGS) across various locations in Maharashtra. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued a tender, seeking bids from eligible firms for setting up 100 MW solar power generating systems (SPGS) across various locations in […]

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