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Energy Transition

Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question

The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […]

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100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India

In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […]

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JSW Energy Partners with Australian Firm To Develop Green Hydrogen Projects

JSW Energy’s wholly-owned subsidiary, JSW Future Energy Ltd. has partnered with an Australian firm Fortescue Future Industries (FFI), to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and work on potential projects for the production of green hydrogen and explore opportunities to utilize it for […]

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AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050

The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […]

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ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022

French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […]

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Arctic Green Energy and GIC to Jointly Decarbonsise Building Sector

Arctic Green Energy, an Iceland-based renewable firm, and GIC, Singapore’s sovereign wealth fund, are partnering to drive the uptake of zero carbon district heating in Europe and Asia. Under the agreement, GIC will become an equity partner in Arctic Green Energy and commit a new injection of $240 million to support the expansion of the […]

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Fourth Partner Energy Takes Over 8.9MW Solar Portfolio from Statkraft India

Fourth Partner Energy has acquired 8.9 MW of solar portfolio from Statkraft India. India’s distributed solar energy firm focusing on building and financing solar projects, Fourth Partner Energy has announced acquiring 8.9 MW of solar energy portfolio of Statkraft India, an Indian branch of a European generator of renewable energy. This marks the first acquisition […]

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US Moves Back to World Energy Council, Ahead of 2022 summit

The US has rejoined the World Energy Council. The World Energy Council (WEC), the world’s leading independent member-based international energy network has announced that the United States has rejoined it. A new US WEC Member Committee will be hosted by Electric Power Research Institute (EPRI), an independent, nonprofit energy research and development (R&D) organization. The […]

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Vision Mechatronics Delivers India’s first Hybrid Energy Storage Project

Indian manufacturer of advanced Li-ion batteries, Vision Mechatronics has today announced establishing a Megawatt-scale Hybrid Energy Storage Project in Haryana.  The hybrid project has a combination of ‘World’s Smartest Lithium Batteries’ (as per the company’s claims) together with Tubular Gel Batteries (lead-acid variant) to achieve economic long duration backup.  Vision Mechatronics, has offered a ZeroBlackout Solution to […]

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