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A South American Success Story In Renewables – Chile

South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […]

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EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen

On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […]

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Huawei To Solarize Bangladesh’s Apparel Sector

The textile sector is one of the most polluting sectors with an especially high impact on a country like Bangladesh, which is a global apparel hub.  In a key development, Bangladesh’s top garment makers’ body Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has now partnered with Chinese ICT conglomerate and infrastructure maker Huawei in order […]

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The Top 5: Largest EV Charging Station Companies In The World

Fossil-fuels-based cars are getting replaced by fast-emerging electric vehicles (EVs) with sales of the latter increasing tremendously over the past decade, especially the last two years. As per the latest data, 2021 was a record-setting year as EV sales doubled to around 6.9 million EVs worldwide. The rise of EVs also saw the emergence of […]

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MG Motor India Achieves Highest-Ever Production, 1000 Electric

Recently, MG Motor India reported retail sales of 4367 units in October 2022, an increase of 53% from the corresponding month of the previous year (October-2021). (Highest-Ever Production) This expansion is the result of the company producing 5008 units overall, including 1000 of its electric car (MG ZS EV), which was also a record-high for […]

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Borosil Renewables Closes Acquisition Of Solar Glass Maker Interfloat

Mumbai-based solar glass manufacturer Borosil Renewables Ltd (BRL) and EU-based Interfloat Group  announced the Borosil Renewables’ acquisition of 86% stake in the Interfloat Group, through its overseas wholly-owned subsidiaries. GMB operates a solar glass plant with a production capacity of 300 TPD (Tonnes per Day). With its acquisition of the Interfloat Group, BRL’s solar glass […]

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China’s NIO Invests $273 Mn To Establish Separate Battery Tech Company

Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by […]

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Daqo Subsidiaries Sign Polysilicon Supply Agreement with Solar Manufacturer

In a key announcement, Daqo New Energy Corporation, a leading Chinese manufacturer of high-purity polysilicon for the global solar PV industry, has held that its subsidiaries Xinjiang Daqo and Inner Mongolia Daqo have signed a six-year high-purity polysilicon supply agreement with a leading solar manufacturing company in China. The name of the solar manufacturer is […]

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European Offshore Wind Companies Push Into Asian Offshore Wind Market

The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […]

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