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Renewable energy generation

Only 10% Coal Plants To Be Decommissioned By 2030: Report

Only 10% of the world’s existing coal power capacity is slated for decommissioning by 2030. More coal decommissioning transactions can be closed in the next three to five years, according to a report by IEEFA. Governments, investors and philanthropic organisations should invest the effort to identify these opportunities. The decarbonisation of electricity in emerging market […]

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RMI Foresees Cleantech To Drive 10% Of Global GDP Growth 

The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […]

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Despite Record Investments, World Off Track For 2030 RE Target: EY

Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […]

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Senior Manager – Materials Planning & Project Deliveries

The Senior Manager – Materials Planning & Project Deliveries will be based in Hyderabad. In this position, you will report to the Head of APAC Planning. We are looking for a dynamic supply chain professional to lead supply & delivery planning activities within materials planning department. This individual will own customer order fulfilment for solar […]

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Bhutan Makes A Serious Push For Solar In 2024-25

Bhutan, one of the world’s few carbon negative countries, hasn’t felt the urgency to add more renewables to its significant hydropower  resources until now. In its 2024-25 budget report, the country has finally made a serious start to plans to add other renewables, notably solar and wind energy to its energy mix. The document, which […]

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Sodium-Ion Battery Startup UNIGRID Battery Gets $12mn Funding

UNIGRID Battery, a San Diego-based startup developing advanced sodium-ion batteries, has announced a successful close of an oversubscribed $12 Million Series A funding round. The financing was Co-led by Transition VC and Ritz Venture Capital and joined by new investor Union Square Ventures and existing investor Foothill Ventures. The investment will accelerate and scale-up UNIGRID’s […]

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Solarpack, SJVNL Sign PPA For 482 MW Ganeko Hybrid Project

Spain-based Solarpack was recently awarded a power purchase agreement (PPA) for 25 years with SJVNL to supply clean energy to the company from 2026. This PPA would also allow Solarpack to supply clean energy for the 482 MW Ganeko wind-solar hybrid project. The Ganeko project is located in Gujarat and consists of 383 MW of […]

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Swift Solar Announces $27 Million Series A Funding Round

Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in […]

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