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ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030

ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. “As a part of […]

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Peck Company Takes Over iSun Energy, a Clean Energy Product Innovator

US-based commercial solar engineering, procurement, and construction (EPC) firm The Peck Company has signed a binding term sheet to acquire iSun Energy LLC, a solar-powered electric vehicles (EV) provider. Peck will acquire iSun in an all-stock transaction. After taking over, Peck will change itself to iSun Energy and trade on Nasdaq under the ticker “ISUN”. […]

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“Technology is the Catalyst for our Future Growth and Carbon Neutrality”

By: Philip Chen, President of Digital Power Business, Huawei The urgent call for carbon neutrality and rapid digital transformation Amidst the global pandemic, China announced its aim to hit peak emissions before 2030 and for carbon neutrality by 2060. This is one of the most significant milestones in the fight against global warming and climate […]

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Sungrow Cumulative Shipments to the Americas Cross 10 GW Mark

Sungrow, a leading inverter solution supplier for renewables, has announced recently that its cumulative shipments in the Americas has hit the milestone of 10 GW by the end of 2020, underlining its position in the deep decarbonisation of the local economy. Significant process made in a challenging year With a continued upward growth trajectory in […]

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Kalpataru Transmission and Subsidiary Bag Orders Worth Rs 1598 Crore

Kalpataru Power Transmission has announced that it has secured new orders/notification of award of about Rs 900 crore. Kalpataru Power Transmission (KPTL), a leading EPC player in the power and infrastructure contracting sector, has announced that it has secured new orders / notification of award of about Rs 900 crore. The firm has also reported […]

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RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm

RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […]

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“EEG-Novelle”, New Renewable Energy Law For Germany

The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […]

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IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition

IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […]

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