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Energy Transition

Environmentalists Dispute ‘Green’ Status of Hybrid Cars

Hybrid cars are increasingly becoming popular in the European Union as environmentally conscious drivers are moving away from conventional vehicles. However, environmentalists suggest that the hybrid vehicles might not be as green as they seem to be. The sales of these vehicles that come with a combustion engine and a small electric motor that allows […]

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India, UK unveil 1st global initiative for interconnected solar grids at COP26

Indian Prime Minister Narendra Modi and UK Prime Minister Boris Johnson jointly launched a new flagship international initiative yesterday, at the COP26 World Leaders Summit, backed by over 80 countries, to dramatically accelerate the global transition to clean powered world. The International Solar Alliance (ISA), India Presidency of the ISA, and the UK COP Presidency […]

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Solar Firm Greenshift Offers Carbon Finance Option With EV Stations

Mumbai-based GreenShift Initiatives Private Limited (GIPL) which claims to offer a unique solar-as-a-service (SaaS) model involving zero-investment on rooftop solar installation, and fast electric vehicle (EV) charging infrastructure has come out with an offer to monetize carbon emission achievement. The company has rolled out carbon credits — a ‘carbon finance’ option to its customers to […]

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JCB, Iron Ore Major In Major Green Hydrogen Deal for the UK Market

A day ahead of the COP26 summit starting in Glasgow, Scotland, two billionaires who made their money in the old economy of iron ore mining and construction equipment have joined to announce a massive green hydrogen initiative in the UK. Involving Andrew Forrest  of Fortescue Future Industries (FFI) which is a major Iron Ore exporter […]

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Mainstream Renewable Wins 1.27 GW of Renewable Projects In South Africa Auctions

The consortium led by Mainstream Renewable Power has received 50% of the total allocation in the latest round of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Making the formal announcement on October 29, the firm announced that twelve of its projects have achieved preferred bidder status in Round 5 of South […]

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56% Solar Projects Planned for 2022 at Risk due to Mfg Cost Hike: Rystad

The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […]

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Tata Power Q2 Results and Presentation. Profits Strong, Revenues Hit By Thermal Drop

Tata Power Company Limited has reported Consolidated financial results for the period ended September 30, 2021. The firm, at the forefront of the transition to renewable energy from thermal power earlier, has been pushing aggressively to growth capacities, as well as integrate operations around renewable energy. The company reported total income of Rs.10187.33 crores during […]

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Corrit Electric Goes For The Teen Market With Hover E-Bike

Gurgaon-based Corrit Electric states that it is on a mission to drive sustainable solutions in the automobile industry. The company is now set to launch their first electric scooter — Hover — for the “younger generation.” With a 110 km range, 25Kmph speed and a 60V 20Ah lithium-ion battery, the scooter will be available in […]

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India Vows to Take up Climate Justice Combat at COP26

India will be a fighter for climate justice at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country’s Environment Minister said yesterday. And the world’s third-biggest source of greenhouse gases is not yet guaranteeing that it will offer new mitigation efforts at the crucial conference which […]

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