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NY Green Bank Records $117.5 Mn in Clean Energy Investments in Q4

The NY Green Bank has announced that its Q4 of 2019 was the strongest to date, adding USD 117.5 million to its current portfolio. The NY Green Bank has announced that its fourth-quarter of 2019 was the strongest to date with more capital committed than any prior quarter, adding USD 117.5 million to its current […]

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EDF JV Acquires British Electric Vehicle Charging Firm Pod Point

EDF has indirectly taken the control of Pod Point, one of the largest EV charging companies in Great-Britain, through a JV with Legal & General Capital EDF in the UK has indirectly taken the control of Pod Point, one of the largest electric vehicle (EV) charging companies in Great-Britain. This acquisition is performed through a […]

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Global EV Component Market to Reach $157.4 Bn by 2025: Report

With the burgeoning EV demand worldwide, the global EV component market is projected to reach USD 157.4 billion by 2025 from USD 22.2 billion in 2018 With the burgeoning electric vehicle (EV) demand worldwide, the production of related components is set to get a boost. According to ResearchAndMarkets.com, the global electric vehicle component market is projected to […]

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Rio Tinto to Build Solar Plant in Western Australia to Power Iron Ore Mine

Rio Tinto has approved an investment in a solar plant at the Koodaideri mine in Western Australia, as well as a lithium-ion BESS to power mining operations Rio Tinto has approved a $98 million (100 percent basis) investment in a new solar plant at the Koodaideri mine in the Pilbara, Australia, as well as a […]

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Backsheets and Beyond- Behind Cybrid Technologies Big Plans

China, the factory for the world is a truism that is particularly evident for the solar sector. Increasingly, we are seeing firms in the sector take the lead in innovations and shaping the future of the sector. It is no wonder that the whole premise of falling solar costs and high efficiencies in the new […]

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Discoms’ Dues to Power Gencos Rises 50% to Rs 88,177 Cr in December

Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year, reflecting stress in the sector. Discoms owed […]

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Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar?

India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […]

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CRISIL Backs 3-Wheelers, Two Wheelers to Lead EV Charge

By 2024, as much as 43-48 percent of new 3-wheelers and 12-17 percent of new 2-wheelers sold in India will be electric vehicles, a study by CRISIL has shown A view that we have repeatedly pointed out as an unfolding reality has been confirmed by CRISIL too. The leading research firm  has predicted that by […]

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Blade Recycling now a top Priority for the Wind Industry

Wind turbine recycling is an important task for the wind industry – and it is making significant progress in the right direction, according to WindEurope. Wind turbines already have a recyclability rate of 85 percent to 90 percent. However, making the turbines 100 percent recyclable is an important task for the wind industry – and […]

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