SUBSCRIBE NEWS LETTER

Europe

Hindustan Power Exchange Commences Operations

India formally welcomed it’s third power exchange on June 6, as Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission. Backed by the latest technology and a series of innovative features, the exchange promises to offer […]

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BYD Overtakes Tesla on EV Leaderboard To Become World’s Biggest EV Producer

China’s BYD has seized Tesla’s crown as the world’s biggest EV producer. This comes as a consequence of the number of sales reflected in the first six months of 2022, as per July 5 filing by the company. The Shenzhen-based carmaker sold about 641,000 new energy vehicles (NEVs), including electric vehicles and hybrids, in the […]

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Enlight About To Acquire 525 MW Solar, Wind Projects In Croatia

Israel based clean electricity producer Enlight Renewable Energy has announced the signing of an agreement for the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia. The portfolio comprises five projects, four of which are solar, totaling 386 MW and one of which is wind, totaling 139 MW. These […]

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The Long Road For Electric Trucks In India

The transportation sector is responsible for nearly 14% of India’s total GHG emissions. It is also the fastest-growing greenhouse gas emissions sector in India. Road transport, in particular, accounts for over 90% of transport emissions in the country. Therefore, to achieve the net-zero goals, India has to decarbonise road transport. Electrification of road transport will […]

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The Netherlands Urges Cuts In energy Consumption To Reduce Russian Influence

Even as European Union countries focus on expanding the renewables in their energy mix to reduce their dependence from the Russian oil and gas products, the Netherlands government is seeking cuts or greater efficiency from its largest consumers from 2023 onwards to reduce dependence. That is a welcome approach, instead of the failure to look […]

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China Underlines Renewables Dominance With Best Ever Global Inverter Rankings

Chinese inverter manufacturers have bagged 6 out of the top 10 spots in the 2021 rankings of global inverter majors by volumes shipped. The rankings, released by IHS Markit, will have come as no surprise to observers, having seen the strong push by these players over the past few years. The only surprise is within […]

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Five Asian Countries Listed In Top 10 Economies Powered By Solar Energy

Of the top ten economies powered by solar power, 5 are from Asia. This is a major breakthrough given that a decade ago, only two Asian countries were on the list, while European countries dominated the solar rankings. The Asian countries on the list have witnessed a decade of steady growth, accelerating its solar capacity. […]

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2021 Best Year Ever With 21.1 GW Expansion For Offshore Wind, Says GWEC

The latest Global Offshore Wind Report by the Global Wind Energy Council (GWEC) asserts that the offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid. The launch of the report would also coincide with the United Nations Ocean Conference in Lisbon. The report stated that […]

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