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Renewable Energy to Employ 42 Mn People by 2050, 26 Mn in Asia: IRENA

The number of people employed in renewable energy could reach 42 million globally by 2050, up from 12 million in 2017, according to a new recent report The number of people employed in renewable energy could reach 42 million globally by 2050, up from about 12 million in 2017, according to a recent report by the International Renewable Energy Agency (IRENA). […]

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Dominion Energy Gets Approval for First Battery Storage Projects

Dominion Energy Virginia has received approval from the State Corporation Commission to move forward with four battery storage pilot projects Dominion Energy Virginia has announced that it has received approval from the State Corporation Commission (SCC) of Virginia to move forward with four battery storage pilot projects to pave the way for additional energy storage […]

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JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives

JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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India to be Electricity-Based Economy Eventually: RK Singh

Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […]

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Huawei Supplies Smart PV Solutions for 11 Solar Projects in Spain

Huawei, one of the world’s leading solar inverter manufacturers, has supplied its innovative end-to-end smart photovoltaic (PV) solutions for 11 solar projects in Spain. These projects were developed by X-Elio, a specialist in the development, construction and operation of solar plants with a global presence in the Europe – Spain, Italy, United States, Mexico, Chile, […]

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Energy Storage to Accelerate Global Energy Transition: WoodMac

The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […]

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Northland Power Expands Offshore Wind Pipeline in Asia

Northland Power will acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites in South Korea. Canadian firm Northland Power has announced the signing of an agreement to acquire Dado Ocean Wind Farm, a development company with multiple early-stage offshore wind development sites near Chodo Island, off the south coast […]

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EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs

Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […]

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