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Masdar to develop 4 GW green hydrogen plants in Egypt by 2030

UAE based renewable energy major Masdar and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, have signed two MoUs with Egypt for the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. The green fuel production projects will be inside Sokhna zone […]

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Could Priority Sector Lending Status For Electric Mobility Charge Up Adoption ?

The electric vehicles have a long way to go to lead the mobility sector in India. One of the major points of delay is the finance for the industry. NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a report in January 2022, titled Banking on Electric Vehicles in India. The report surfaces the need […]

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IESA supports UN’s low carbon tech innovation challenge’22

The United Nations Industrial Development Organization (UNIDO) Regional Office in New Delhi has announced the launch of 5th Innovation Challenge on Innovative Low Carbon Technologies. Applications will be accepted until 31st May 2022. The Innovation Challenge is conducted under the Facility for Low Carbon Technology Deployment (FLCTD; https://www.low-carbon-innovation.org/), which is jointly implemented by UNIDO and […]

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Power Minister Calls for International Credit Guarantee and RE Bank for RE Development

While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […]

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Nordex Group receives 1.2 GW turbine orders Q1 2022

Germany-based manufacturer of onshore wind turbines Nordex Group recorded an order intake of 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022 (Q1/2021: 1,247 MW). The share of the efficient and high-margin Delta4000 series amounted to 91 percent (Q1/2021: 73 percent). The Nordex Group received orders from ten European […]

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EV Owners Will Need Separate Power Connection in Madhya Pradesh

In what is a being marketed as an EV friendly move, the Madhya Kshetra Vidyut Vitaran Company says that electric vehicle owners who set up charging stations will have separate power connections from the company. The provision will be applicable in all the 16 districts that come under the jurisdiction of Madhya Kshetra Vidyut Vitaran […]

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Amazon Announces New Renewable Projects of 3.5 GW Across the World

Global ecom giant Amazon has announced it is investing in 37 new renewable energy projects across the globe adding up to 3.5 GW. The new projects will include 26 solar power projects, 3 wind energy farms and 8 rooftop solar projects at Amazon buildings around the world. Amazon continues to be the largest renewable energy […]

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India’s Wind Sector Carrying Higher O&M Costs, Claims Research Firm

The Indian wind industry’s independent power producers (IPPs) need to seize digitalisation to empower their decision making with independent, reliable, and strategically-led O&M technology. This is according to ONYX Insight, a leading data analytics and engineering consultancy for the global wind industry with offices across APAC. In India, a continual focus on acquiring assets that […]

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Magenta Installs First LEV AC EV charger In Delhi For Rs 2,375

EV charging firm Magenta, has successfully developed and installed Delhi’s first LEV AC EV charger under the state government’s plan, which allows for the construction of private EV chargers for a net cost of roughly Rs 2,375/- after subsidy. Keeping with the trend for home EV charging, which generally accounts for 70-80 percent of worldwide […]

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