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Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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Saudi Arabia will Purchase Up to 100,000 Electric Vehicles from Lucid Group

America’s electric vehicle manufacturer Lucid Group has announced that it has signed an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period. Saudi Arabia has made an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 […]

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Solar Inverters Move to The Front

When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […]

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Solar Powered Refrigerator Built by Kanpur Student to Safeguard Covid Vaccines

Samarjit Singh, a third year B.Tech student of Kanpur’s Axis College, has created a refrigerator that runs on solar power and can host Covid-19 vaccines and other life-saving drugs eliminating chances of wastage. Uttar Pradesh still has issues of electricity shortages and frequent power cuts. The solar run refrigerator by Samarjit Singh is expected to […]

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Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden

A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […]

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PolyJoule Promises Plastic Batteries To Store Renewable Energy on Grid

Battery storage forms a crucial link in the renewable energy system, given the intermittent nature of renewables. Amid many technologies that are emerging in the domain, Boston-based energy start up PolyJoule has created a battery which is made up of plastic – electrically conductive polymers – which makes the energy storage on the grid not […]

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EKA, Log9 Materials in MOU For Fast Charging Solutions

EKA, an electric vehicles & technology company, and a subsidiary of Pinnacle Industries Limited, has announced entering into a long-term strategic collaboration, initiated through a Memorandum of Understanding (MOU), with Bengaluru-headquartered advanced battery technology startup Log9 Materials. The partnership is mainly aimed to provide Log9’s fast-charging advanced battery solution RapidX for EKA’s new energy vehicles, including their recently-launched pure electric […]

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“European Quality Product Below Chinese Prices Is Our Edge”, Sandeep Goyal

A thriving solar inverter market in India shadows the overall growth of solar, and is poised strongly till 2030 and beyond.  Pyramid Electricals  is one of those rare Indian firms that have come up the hard way in the electronics  sector. With their own R&D, technocrat founders, and now, plans to scale up to large […]

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