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Energy Transition

Siemens Gamesa to Supply New Zealand’s 2nd Largest Wind Farm

Siemens Gamesa will supply 41 of its wind turbines for New Zealand’s second largest wind farm to Meridian Energy, strengthening its leading position in the country’s wind energy market. Following its expected commissioning in 2023, the 176 MW Harapaki wind farm will generate sufficient renewable energy to power over 70,000 local average households and support […]

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40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022

The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […]

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Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra

Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […]

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AAP to Provide Scrapping Incentive Under Delhi EV Policy, Says Gadkari

The Delhi government is providing scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles, under Delhi Electric Vehicle (EV) Policy 2020, Parliament was informed on Monday. Road Transport, Highways, and MSMEs Minister Nitin Gadkari informed Rajya Sabha in a written reply, that “Under the provision, all leased/hired cars used […]

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India Inc Finally Moving To Combat Climate Impact, Says CDP India Report

CDP India has released a report entitled ‘BUILDING BACK GREENER: India Inc. Demonstrates Climate Resilience’ recently, which says that the imminent climate emergency is already manifesting itself through extreme weather events across the world.  CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states, and regions to manage their […]

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Sungrow Bags 500 MW Strategic Agreements during PV Japan Expo

Sungrow, the global leading inverter solution supplier for renewables, has signed 500 MW strategic agreements to supply PV inverter solutions in Japan during the recent PV Expo. The Company also debuted a future-proof PV and energy storage product lineup optimized for various Japanese market segments; therefore, fueling the transition to a low carbon economy and overshooting Japan’s 2050 carbon […]

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As Solar Spreads, Shrinking Space for Wind

It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […]

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Yamaha, Honda, KTM, and Piaggio Team Up to Create Swappable Batteries Consortium

Yamaha Motor Co., Ltd. has announced that the company has signed a Letter of Intent with Honda Motor Co., Ltd., KTM AG, and Piaggio & C SpA to set up a Swappable Batteries Consortium for Motorcycles and light electric vehicles (EVs). By extending the range, shortening the charging time, and lowering vehicle and infrastructure costs, […]

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