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Ukraine

UK Signs MoU with EU, North Sea Countries for Offshore Wind

Graham Stuart, Minister for Energy and Climate, the United Kingdom, has signed a landmark agreement on renewable energy cooperation with European Union (EU) and North Seas countries. The official statement of the UK government has held that the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum fulfils commitments in the UK-EU […]

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Japan Makes Installation of Solar Panels Must for New Homes in Tokyo

Japan – the fifth largest carbon emitter on the planet – is honking for household solar panels for every upcoming home in Tokyo, the capital city of Japan. All new houses that will be built in Tokyo post April 2025 will be required to necessarily install solar power panels. With the objective of cutting down […]

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Indian Renewable Energy Sector Has Potential For $10 Bn Investment in 2023

India could draw close to $10 billion in renewable energy investment in 2023, which would be a positive given that public markets are still mostly closed to large-scale capital raising, according to Bank of America Corp’s top management. As investors aim to reflect the energy transformation in their portfolios, deals and investments will continue to […]

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Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security

Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […]

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Pan IIT Alumni Network Organises EV Conclave to Reflect on E-Mobility Ecosystem

To address the demand, difficulties, and opportunities in the engineering, production, and adoption of EVs, Pan IIT Alumni and Alumni Associations of IIT (BHU) Varanasi bodies organised “The Future Series, the EV Ecosystem Conclave” in Delhi. At the event, academics, policymakers, and experts from across the entire e-mobility ecosystem came together to discuss the importance […]

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Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power

India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […]

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CCPI Report: “Monitoring Climate Mitigation Efforts of 59 Countries plus the EU”

A study entitled “Monitoring Climate Mitigation Efforts of 59 Countries plus the EU” has been released by CCPI (Climate Change Performance Index). The invasion of Ukraine by Russia serves as a reminder of how highly dependent most nations still are on fossil fuels. The ability of nations to operate and provide for their inhabitants with […]

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Ministry of Power Launches Scheme for Procurement of Aggregate Power of 4500 MW

The Ministry of Power has launched a scheme for procurement of aggregate power of 4500 MW on competitive basis or five years on Finance, Own and Operate (FOO) basis under B (v) of Shakti policy. PFC Consulting Limited (a wholly owned subsidiary of PFC Ltd) has been designated as the nodal agency by the Ministry […]

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Enel Gears to Add 21 GW Renewable Assets in Core Countries

Enel, an Italian multinational manufacturer and distributor of electricity and gas is exiting the big markets of Romania, Peru and Argentina and now the company has held that its exit is a part of the 2023-2025 strategic plan under which Enel will focus on Spain, the US, Brazil, Colombia, Chile and its home market Italy. […]

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