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clean energy industry

California Might Cut Major Rooftop Solar Incentive After Years of Debate

California on Monday proposed reducing the rate at which homeowners can sell excess electricity from their rooftop solar panels into the grid, weakening a policy that has underpinned dramatic growth in the renewable energy industry for years. The announcement by the California Public Utilities Commission triggered an outcry from the solar panel installation industry, whose […]

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India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030

There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […]

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Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg

Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […]

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US Firm AES Unveils New Solar Installation Robot

AES Corporation has launched Atlas, a new solar installation robot. “Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities,” said the company. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties. […]

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Wind, Water, Solar Trio Ensures Grid Stability for US States, Says Stanford Study

Wind-Water and Solar (WWS) ensures grid stability and zero blackouts. A new study conducted by Mark Z. Jacobson and colleagues at Stanford University claimed this, as they analyzed grid stability in over 50 U.S States and District of Columbia. Jacobson is a Professor of civil and environmental engineering at Stanford. The new research, an effort […]

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KKR Launches New RE Platform ‘Stellar Renewable Power’

Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […]

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Green Hydrogen Powered India: From Vision to Reality

Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India  The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […]

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US Grants $500M Financing To First Solar for 3.3GW Facility in Tamil Nadu

U.S. International Development Finance Corporation (DFC) has approved up to $500 million of debt financing for First Solar, the largest American solar manufacturing company, subject to negotiations of definitive agreements. The DFC financing will support the company’s previously announced vertically integrated photovoltaic (PV) solar module manufacturing facility in Tamil Nadu, with a projected annual capacity […]

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China Boosts Offshore Wind Business, Adds 800MW Operational Capacity

The China Three Gorges Corporation (CTG), a state-owned power company, completed many a major milestone last month in its efforts to boost the country’s offshore wind industry. Phase II of the Shapa offshore wind power project in Yangjiang, built by CTG, went into full operation on November 27, delivering green and clean electricity to power […]

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