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Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again!

The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […]

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Shell & Uniper Sign MoU to Push Development of H2 Economy in Europe

Shell Gas & Power Developments B.V. and Uniper Hydrogen GmbH have signed a memorandum of understanding to explore accelerating the development of a hydrogen economy in Europe. Under the MoU, they intend to find joint opportunities to couple industrial and mobility demand with hydrogen supply, production and storage. The companies will begin by assessing the […]

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Nissan Motors Reveals £1 Billion Electric Vehicle Hub ‘EV36Zero’ in UK

The Japanese Automaker, Nissan Motors has yesterday revealed its Euro 1 billion electric vehicle (EV) hub, EV36Zero in Sunderland, UK.  The transformational project has been launched with an initial Euro 1 billion investment by Nissan and its partners Envision AESC, a global player in world-leading battery technology, and Sunderland City Council. Comprised of three interconnected initiatives, Nissan […]

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Ather Energy Expands To Delhi

Indian electric scooter maker, Ather Energy today inaugurated its new experience center (retail outlet) ‘Ather Space‘, at Lajpat Nagar, New Delhi. This is Ather Energy’s 10th experience center in India, to provide a unique ownership experience along with service and support for owners. The Ather 450X,  Ather’s main offering, alongside the Ather 450 plus will […]

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GAIL To Invest Rs 5,000 Crore For 1 GWh of RE Portfolio

India’s government-owned natural gas corporation, GAIL Limited has announced to foray into Renewable Energy (RE) sector with targeting a 1 GWh RE capacity by investing around Rs. 5,000 Crores for setting up compressed biogas as well as ethanol plants. As the corporation is stepping up to establish its business beyond natural gas, GAIL will be […]

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Rajasthan HC Cancels Land Allotment To Adani Project

Delivering its judgement in a case filed in 2020, the Rajasthan High Court has cancelled the land allotment adding up to 1452 bighas in Jaisalmer district that was provided to AREPRL, an Adani group firm set up for these projects. The court has also directed state agencies to conduct survey of the land parcels allotted […]

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Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production

US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […]

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NTPC Q4 results Strong, Renewables Take Centre Stage for Future

NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […]

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ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs

The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers.  According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […]

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