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Energy Transition

Ingeteam Announces 1 GW Wind Output From India Plant

At least one firm seems happy with their time in India so far. Spanish electrical conversion and turbine control equipment supplier Ingeteam has announced the completion of 1GW of output within the first year of operations at its production facility in India. The firm, which set up its plant near Chennai in Tamil Nadu, had […]

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To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL

Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […]

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Growth of Renewables Could Boost Green Hydrogen Production: Report

The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […]

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Spain’s Ingeteam Secures R&D Loan from EIB

EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […]

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Equinor Makes FID on Floating Offshore Wind Farm in Norway

Equinor has made an FID for the Hywind Tampen floating offshore wind farm development in Norway. Equinor has announced that it has, along with the Snorre and Gullfaks partners, made a final investment decision (FID) for the Hywind Tampen floating offshore wind farm development in Norway. The Snorre and Gullfaks oil and gas platforms which […]

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CEEW Report on Greening New Pastures for Green Investments

Large-scale mobilisation of green capital for investment and innovation in low-carbon energy solutions is the main holdout against a clean energy transition in emerging economies, according to an independent study released by the CEEW Centre for Energy Finance (CEEW-CEF). More than USD 200 trillion worth of assets are under management in the world’s pension funds, insurance firms and […]

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High Financing Cost Biggest Part of Renewable tariffs-CEEW

New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW,  a respected organisation in the space, serves to […]

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100% Renewables, Beyond the Grid – Aspiration or Destination? : Survey

In August 2019, Deloitte surveyed 308 executives across multiple industries in the private and public sectors to understand these organizations’ paths in the transition to renewables, their goals and procurement strategies and the challenges they face. Driven by economic incentives and mounting external pressures for organizations to decarbonise their energy supply, the renewable energy transition […]

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Will Rooftop Solar Rescue India’s Faltering Solar Target – Plus: 5 States Where The Numbers Will Matter

Zero. That’s the number of fresh utility scale solar and wind projects commissioned in August 2019 through Solar Energy Corporation of India (SECI), India’s premier agency for executing them. While the corporation is not seeing a zero month for the first time, the fact remains that in 2016-17, when momentum was picking up sharply, not […]

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