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Gautam Adani Cautions Against The ‘One sidedness’ Of Davos

Gautam Adani, Chairman of the Adani Group, in a note posted on Linkedin, has cautioned against what he saw the one sidedness that has dominated global events ever since the pandemic in 2020. “Climate change, followed by the Covid pandemic, followed by global supply chain disruptions, then the ongoing war in Ukraine, followed by levels […]

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EV Sales Touch New World Record But Raw Materials Could Be Spoiler

The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […]

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These Four European Countries Have Set a 150 GW Offshore Wind Target

Germany, Belgium, the Netherlands and Denmark signed an agreement in Esbjerg on 18 May to produce offshore wind energy and green hydrogen equivalent to 65 GW by 2030 and 150 GW by 2050. Declaring their intention of becoming the Green Power Plant of Europe, the joint agreement aims for a tenfold increase in offshore wind […]

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EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025

Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […]

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Germany’s Third Rooftop PV Tender Earns Price Of Rs 6.96/kWh

Germany’s solar procurement exercise has come to its end with the final prices hitting €0.07/Rs 5.71 ($0.073)/kWh to €0.0891/kWh. Results of third tender for rooftop PV projects ranging in size from 300 kW to 750 kW are out. Reviewing 171 bids with a total capacity of 212 MW, Germany’s Federal Network Agency (Bundesnetzagentur) selected 163 […]

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New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA

A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […]

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EU Crunches Permit Process for RE projects To Under One year To Speed Growth

The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member […]

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Battery Boom Could Redraw Geopolitical Order

Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […]

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Bosch to invest €500 million to develop components for hydrogen electrolysis

Bosch has announced that it will be investing €500 million to develop components for hydrogen electrolysis by the end of this decade that will help heighten green hydrogen production that will be used in transport and different sectors. A stack is the core component of an electrolyzer. Bosch has revealed in its annual information convention […]

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