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The 2021 Roadmap For Solar

With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […]

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Global EV Sales to Reach 62 Mn per Year by 2050: WoodMac

In its latest report, Wood Mackenzie has revealed that Electric Vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock reaching over 700 million. The report suggested, shortly before that date, in 2047, battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and fuel cell […]

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Solarise Africa Expands PV Footprint in Africa

Innovative renewable energy leasing solutions now operational in Rwanda, Uganda, and Zambia through new partnership Pan-African energy leasing company, Solarise Africa, has announced their expansion into three new countries in Africa after signing a partnership agreement with Centennial Generating Co, a leading turnkey energy services company in the region. The partnership adds seven projects in […]

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U.S. Navy Partners with Ameresco for $173 Million Cleantech Energy Project

Ameresco to implement advanced energy solutions that will maximize reliability and resiliency at Virginia naval shipyard Ameresco, Inc., (NYSE: AMRC), a leading energy efficiency and renewable energy company, today announced that the U.S. Navy and the Ameresco Federal Solutions team are breaking ground to expand on-site generation, strengthen reliability, and enhance resiliency at Norfolk Naval […]

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Ford Raises Investment in EV & AV Leadership Up To $29 Billion

US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […]

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‘Mobilising Finance for EVs in India’ Report by Niti Aayog

India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […]

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With 120 MWh Storage Win, Israel’s Augwind Challenges Lithium-ion Storage

Yakum, Israel-based Augwind has been claiming that its Air Battery energy storage system will be superior to Lithium battery storage. The firm got a big boost earlier this month when Israel’s Electric Authority awarded a big tender for 609 megawatts of solar and 2.4 gigawatt-hours of energy storage, of which at least 120 megawatt-hours of […]

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Sungrow Supplies a 100 MW Energy Storage Project in Texas

Sungrow, the global leading inverter solution supplier for renewables, announced that it has forged a contract to supply its fully integrated Energy Storage System to the 100 MWac Chisholm Grid project in Fort Worth, Texas. Chisholm Grid has been under construction since August of 2020 and will be one of the largest battery energy storage […]

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Solar now the Cheapest Source of new Power in Many Markets: WoodMac

A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […]

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