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EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO

EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […]

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UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles

UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […]

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Corporations Bought Record Amount of Clean Energy in 2019: BNEF

Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […]

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Empower Solar Named 2020 Quality Solar Installer by NYSERDA

EmPower Solar has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row EmPower Solar, an Island Park-based solar installer, has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row. In an […]

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Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn

Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […]

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Clir Renewables Hits 6 GW Milestone, Tripling its Portfolio in 2019

Clir Renewables has surpassed a total of 6 GW of assets on its platform in 2019, a three-fold increase from 2 GW at the end of 2018. New figures from Clir Renewables, a leading cloud-based AI platform that provides asset managers and owners with tools to maximise annual energy production, surpassed a total of 6 […]

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Limiting Global Warming Will Minimise Climate Costs: Study

A recent study suggests that if global warming can be restricted to 2 degrees Celcius, the costs of climate damage control will also decrease. A recent study by a group of Postdam scientists has found that the Paris Agreement apart from being politically sensible makes sense in terms of the economy as well. The Paris […]

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42 Global Organisations Agree on Guiding Principles for Batteries

As many as 42 global organisations including Amara Raja have agreed on a new set of guiding principles for batteries to power sustainable energy transition. As many as 42 global organisations including Amara Raja Batteries from India have agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new […]

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Ørsted, Equinor to Lead Coalition to Accelerate Global Offshore Wind Capacity

The Action Coalition will represent the offshore wind sector in the global dialogue on climate action, spearheaded by Ørsted and Equinor. An international Ocean Renewable Energy Action Coalition has been formed to advance the sustainable deployment of ocean-based renewable energy and mitigate the harmful impacts of climate change. Bringing together civil society, intergovernmental institutions and […]

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