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Energy Transition

EPO-IEA report: Accelerate Clean Energy Innovation for Carbon Neutrality

While the world’s carbon emissions continue to rise, technological innovation in the clean energy sector is failing to counter them with a good momentum, as per a joint report released by the European Patent Office (EPO) and the International Energy Agency (IEA) yesterday. The report entitled ‘Patents and the Energy Transition: Global Trends in Clean Energy […]

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Statkraft’s First Wind Farm in Germany Will Generate 36 MW of Energy

Norwegian state-owned hydropower company Statkraft is set to build its very first wind farm in Germany on a 67-hectare forest area in Bramwald in northern Hesse. By 2025, the so-called Oedelsheim wind farm is expected to comprise 6 turbines which will generate 36 MW of energy, adequate to supply 20,000 households with wind power each year and […]

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New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040

Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […]

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Upgrading a Grid Connected PV System To An Energy Storage System

Even today, there is a widespread impression among many prospects that a solar system could mean grid independence. Unfortunately, by the time they actually understand the way most solar setups work, especially if you want the benefit of subsidies, they realise that the only way is a grid connected solar plant. However, that is changing. […]

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Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider

Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […]

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Wind Energy Could Go The Solar Way With Huge Cost Reductions by 2050

After a decade when it has been left playing catch up with Solar, thanks to the swift reduction in costs seen with Solar, Wind energy might yet see better days, as costs come down further. According to an article published in the journal Nature Energy, a recent global survey of 140 wind energy experts conducted […]

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IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy

In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […]

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Talen Energy Forms JV with Pattern Energy to Grow Renewables Infrastructure Portfolio

Talen Energy Corporation (“Talen”) announced today that it has entered into a joint venture with Pattern Energy Group LP (“Pattern Energy”) named “PT Energy Transitions” to pursue the development, financing, construction and operation of approximately 1.4 Gigawatts of utility scale renewable energy projects over the next five years. PT Energy Transitions will benefit from the collective strengths of its […]

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NIPSCO and Capital Dynamics Sign 200 MW Solar Energy Build Transfer Agreement

Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, today announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project. “We […]

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