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carbon neutrality

100MW Offshore Wind Plant Launched in Vietnam Amid RE Push

Vietnam ‘s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million as $1 = 22,710 dong) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of […]

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Hydrogen Economy Hints at New Global Power Dynamics: IRENA

Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees hydrogen changing the geography of energy trade and regionalising energy relations, hinting at […]

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Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets

Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […]

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World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier

Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […]

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Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report

The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […]

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US Moves Back to World Energy Council, Ahead of 2022 summit

The US has rejoined the World Energy Council. The World Energy Council (WEC), the world’s leading independent member-based international energy network has announced that the United States has rejoined it. A new US WEC Member Committee will be hosted by Electric Power Research Institute (EPRI), an independent, nonprofit energy research and development (R&D) organization. The […]

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Zhongnan Group Starts Construction of a New 5 GW Solar Factory

The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […]

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Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report

Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […]

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Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA

Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […]

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