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Energy Transition

IEA Report Pitches For More Diverse Solar Panel Supply Chains

The IEA has released a report stating that if the world is to securely transition to net zero emissions, it has to augment efforts towards the expansion as well as diversification of the worldwide production of solar panels. Currently, China has a dominant position in the market with regards to the supply chains of solar […]

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Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe

Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the  increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […]

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Delhi’s Roads Get New 200 EV Three Wheelers From Three Wheels United

Karnataka-based EV tech-enhanced financier, Three Wheels United (TWU) is strengthening its presence in the Delhi EV industry with the deployment of 200 EV three-wheelers in its fleet. To make the transition from conventional to EV three-wheelers as seamless as possible, Three Wheels United has been actively engaging with Delhi auto-rickshaw drivers over the past few […]

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Irish Study Says Rooftop Solar Panels Can Produce 1/4 th Of Total Electricity Needed

A quarter of total electricity needed by Irish households can be produced by installing solar panels on the domestic rooftops. Conducted by the climate scientists at University College Cork, Ireland, this was the conclusion of the study after the team had thoroughly examined every rooftop in the country using satellite imagery and weather data for […]

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MNRE Will Invite Bids From States For 8,000 MW Power From Stranded Thermal Plants

RK Singh, Union Minister of Power and New and Renewable Energy (MNRE), said on June 26 that the government will invite bids from the states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without PPAs after aggregating the demands. About 8,000 MW of thermal capacities across the states in India are without any […]

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CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa

Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […]

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Atlas Acquires Its First Wind Power Project

International renewable energy producer, Atlas Renewable Energy, has declared that it has acquired a wind project in the Brazilian state of Minas Gerais from the French energy producer and supplier Voltalia. The statement released by Atlas Renewable said that the project, named Juramento, will have a generation capacity of 378 MW. It will be composed […]

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Airports To Become Carbon Neutral By December 2024

The government is aiming to make Most Indian airports carbon neutral by December 2024 and achieve Net Zero emissions by 2030. Rubina Ali, joint secretary, Ministry of Civil Aviation, recently wrote to the CEOs of the private airports and the Airports Authority of India (AAI) to submit a plan to achieve net zero. Her letter […]

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