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clean energy industry

Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024

Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024.  Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […]

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AM Green, Envision Energy Join Hands For Wind, Green H2 Projects

Envision Energy International, and AM Green, a hydrogen and green ammonia venture wholly owned and controlled by the founders of Greenko Group, signed a Memorandum of Understanding (MOU) to partner in the manufacture of wind turbines for AM Green’s clean energy projects in India and to collaborate on green hydrogen projects. The MOU was signed recently […]

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First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility

First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […]

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Jindal Stainless Estimates To Generate 1.9 Billion Units Of Clean Energy Annually

Jindal Stainless, a stainless-steel manufacturer is estimated to generate over 1.9 billion units of clean electricity annually through its wind-solar hybrid, floating and roof-top solar plants, according to its newly released Sustainability Report. The initiatives are estimated to reduce carbon emissions by over 13.52 lakh tones per annum. The company has already partnered with ReNew […]

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LG Energy Solution Vertech Secures 10 GWh ESS Project in US

LG Energy Solution Vertech has secured 10 gigawatt-hours (GWh) of grid-scale battery energy storage (ESS) projects in the United States for the upcoming year, capitalizing on the potential foreseen in the US ESS market. This 10 GWh initiative encompasses the development of 10 integrated battery energy storage systems. The collective impact of these installations will […]

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European Union Invests €2 Billion In Clean Energy Infrastructure Projects

The European Union (EU) recently disbursed modernization fund, of €2.17 billion to help the energy within nine Member States through 19 selected projects. These investments are set to help lower-income EU countries to meet their 2030 climate and energy targets. It will help to reduce greenhouse gas (GHG) emissions in energy, industry and transport, and […]

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Ultratech To Increase Its Green Energy Share To 85% By 2030

The $7.9 billion Indian Cement and Ready-Mix Concrete Company–UltraTech Cement Limited today announced its plans to increase the overall share of green energy in its total energy mix to 85 percent by 2030. As an interim target, UltraTech plans to increase its total green energy share threefold from its current 22% to 60% by FY26. […]

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US-India Energy Storage Task Force Commences Operations

The United States (US)-India Energy Storage Task Force, first announced in October 2022 Ministerial meeting of the US-India Strategic Clean Energy Partnership (SCEP) held between Indian Minister of Petroleum and Natural Gas, Hardeep Singh Puri and US Energy Secretary Jennifer Granholm, commenced operations today.  The public-private US-India Energy Storage Task Force (ESTF) was established by […]

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