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EVs Emit Less CO2 Than Conventional Vehicles: Study

EVs produce less CO2 than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a new study Electric vehicles (EVs) produce less carbon dioxide (CO2) than petrol cars across the globe, even if electricity generation involves substantial amounts of fossil fuel, according to a study which projects that in 2050 every second car on the […]

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Wind Energy Counts Its Losses From Coronavirus

With the epicentre of the Covid 19 epidemic shifting to Europe and possibly the US, the global wind Energy industry is set o to take a big hit. According to research and consultancy firm Wood Mackenzie, global wind energy additions in 2020 could decline by 4.9 GW versus earlier projections. That means a drop from […]

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Lithuania Gets its Unique Remote Solar Consumer Model

In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model. This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and […]

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Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender

The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […]

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Canadian Solar Completes Sale of 17.7 MW Solar Portfolio in Italy

Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The portfolio consists of 5 subsidy-free projects in Sicily. Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The Company expects to recognise revenue from the sale in the first quarter of […]

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Saipem, Equinor Sign Cooperation Agreement for Floating Solar Projects

Saipem and Equinor have recently signed a cooperation agreement to develop a floating solar power project for near coastal applications. Saipem and Equinor have recently signed a cooperation agreement to develop a floating solar power project for near coastal applications. The technology will be based on the in-house developed concept by Moss Maritime, part of […]

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Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI

FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […]

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Vestas Secures Full Wind Volume in Danish Auction Round

Vestas has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. Vestas has announced that it has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. With this order, Vestas has […]

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Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects

Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […]

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