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Scientists Discover Key Factors in How Some Algae Harness Solar Energy

Scientists have discovered how diatoms – a type of algae that produce 20 percent of the Earth’s oxygen – harness solar energy for photosynthesis. The Rutgers University-led discovery, published in the journal Proceedings of the National Academy of Sciences, could help lead to more efficient and affordable algae-based biofuels and combat climate change from fossil fuel burning. […]

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Vattenfall to Build Hybrid Wind-Solar-Storage Project in Netherlands

Vattenfall will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. Swedish state-owned power company, Vattenfall has announced that it will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. The total capacity […]

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Assam Tenders for 8 MW Rooftop Plants in Residential Sector

Assam Energy Development Agency has tendered for setting up 8 MW rooftop solar systems for the residential sector in the state. The Assam Energy Development Agency (AEDA) has announced a new tender for setting up of 8 MW grid-connected rooftop solar power systems under the CAPEX model for the residential sector in the state. The […]

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Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm

Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […]

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Portugal Awards World’s Lowest Cost Solar Contract

Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […]

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China’s Benling Planning New E-Bike Launch in India

After successfully selling close to 800 electric two-wheelers in the country, Chinese EV maker Benling India is planning to launch an all-new electric bike to rival India’s Revolt 400. Boosted by the demand for its electric two-wheeler products, China’s Benling has announced its plan to expand its electric portfolio with more EVs soon. Benling India […]

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Green Bonds Issuance to Cross Record $ 200 bn Mark in 2019: Moody’s

The global green bonds issuance in 2019 are expected to reach and perhaps even cross the record USD 200 billion mark. According to a new analysis, the global green bonds issuance in the current financial year are expected to reach and perhaps even cross the record USD 200 billion mark. The global green bond market […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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