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Europe

Statkraft to Invest $1.2 Bn in Renewable Energy

In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […]

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EIB Allies ISA to Assist Solar Advances in India

Significantly, ISA plans to raise $1 trillion by 2030 from public and private investors to invest in such solar projects. India has got another push in its bid to attain target of installed 100 GW of solar power by the year 2022 with European Investment Bank (EIB) planning to partner with the International Solar Alliance […]

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Opus Materials Led-Consortium to Develop Dirt-Repellent Coating for Solar Panels

Cutting edge technology underpinning a new industrial coating could alleviate water wastage in solar energy production Opus Materials Technologies, developers of industrial coatings based on “materials by design” principles, together with a consortium of academics and scientists, are set to transform solar energy generation through the development of a novel dirt-repellent coating for industrial-scale photovoltaic (PV) panels. […]

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Google Signs Renewable Energy Deal to Power Data Center

In order to reduce its carbon footprint, Google has signed the deal under a power purchase agreement (PPA) which allows the technology giant to fetch energy directly from the generator. Internet related services and products provider, Google has signed a 10-year renewable energy deal to buy renewable energy from three upcoming wind farms of Finland […]

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UK Commits $208 mn for Electric, Hybrid Vehicles

The fund is to be used for the research and development of electric and hydrogen fuel cell vehicles as well as battery technology in UK. Speaking at the Zero Emission Vehicle (ZEV) Summit in Birmingham, PM Theresa May has granted a package of USD 208 million for the research and development of electric and hydrogen fuel […]

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US Energy Storage Market Jumps 42% QoQ: Report

The energy storage market in US has tremendously increased from 43.6 MW in Q1 2018 to 61.8 MW in Q2 2018 whereas the market grew 60 percent year-on-year. A leading clean energy data and information aggregator suggests US’s energy storage market to have jumped 42 percent from the previous quarter. The energy storage market in […]

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Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy

The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […]

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India’s Solar Race toward Next Decade

Buoyed by the quite impressive performance of India’s renewable energy sector and especially in the solar space in recent years, the Government of India took a daring move and revised its ambitious renewable energy targets from 175 GW to 227 GW by 2022. Following the move, it also aimed to auction 40 GW of renewable […]

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