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Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA

The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […]

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China Dominates 80% of Indian Solar Glass Market: Shreevar Kheruka, VC,  Borosil Renewable

How did the anti-dumping import provision waiver affect Borosil Renewable or other Indian solar glass makers?   The anti-dumping duty on the import of solar glass from China went away around a year ago. Since then, the dumping of Chinese solar glass has expanded substantially in the country. Chinese players control over 80 percent of the Indian solar […]

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Flexible Energy Solution Key Towards Decarbonization: EEA

The European Environment Agency (EEA) recently published a report titled ‘Flexibility Solutions for Decarbonization: Securing the EU Electricity System.’ This report highlights a significant surge in renewable energy capacity, specifically in solar and wind energy, which is expected to increase from 24% to 60% of the total renewable energy capacity. The report indicates that this development will […]

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Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment

Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […]

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Megawatt Charging For Large EVs Could Keep Out Hydrogen

The EV transition has picked pace, an area where Hydrogen has been considered viable in the transportation sector is the heavy vehicles space. At issue here is the charging time for the large battery packs heavy transportation vehicles would necessarily have, and the long distances and tight timelines they have to cover. A new report […]

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Hospitality Industry Welcomes Customizable EV by Speedways Electric

Speedways Electric, an innovator in electric vehicle technology, has unveiled its latest offering, Royale- a vintage-shaped Low-Speed Electric Vehicle (LSEV) for the hospitality industry. The design of the EV has been patented. Features Royale is a battery-operated, eco-friendly vehicle. It boasts a no-noise, no-pollution operation, making it an environmentally responsible choice, with running costs that […]

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Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022

Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […]

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Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO

The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of  Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […]

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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […]

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