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Clean energy spending has jumped 50% to record levels since Oct end: IEA

Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […]

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Rise In Key Input Metals Sends EV Prices Up in China

Leading China-based EV manufacturers, that have sprouted to take advantage of the world’s largest EV market, have surprised potential customers with price hikes in recent weeks. The hikes come as a surprise to many people who have taken a drop in battery prices, which account for almost 40-50% of EV costs, for granted. As it […]

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Portugal’s floating solar energy auction sets world record negative price

Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […]

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The Top 5: Biggest Exporters of Electricity in the World

In the aftermath of the Russian invasion of Ukraine, the western world reacted with a slew of sanctions on Russia. As it turns out, the sanctions topped short of a complete ban on Russian energy – oil, gas, and coal imports. Even as the UK decided to phase out Russian oil by the end of […]

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Uranium Miner Virginia Energy May Install 1000 Acres Solar Project in Coles Hill, Virginia

Uranium development and exploration company Virginia Energy Resources has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on 1,000 acres land owned by it at Coles Hill, Virginia, United States of America. If the solar project comes up, it would generate low carbon energy […]

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‘Now or never’ to avoid climate catastrophe, warns UN Panel

UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […]

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Lightrock Power to Build 400 MW Solar Projects in UK

After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […]

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Renewables Face An Oil Slick

A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […]

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Gautam Solar launches G-2X Mono Solar Panels with Dual Power Generation

Solar Module Manufacturer Gautam Solar has launched G-2X Mono crystalline series of Solar Panels upto 566 Wp. The G-2X module is a bifacial module  offering generation possibilities that are well above existing claims. Gautam Solar informs us that by generating power from both front and back of the module and the dual power generation module is […]

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