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clean energy

Is Community Solar A Key Piece In India’s Clean Energy Strategy?

India’s ambitious renewable energy targets highlight a promising model for democratizing access to clean energy—community solar. Despite the global momentum and success stories, community solar has faced hurdles in gaining traction within India. With existing financial support for various clean energy schemes, the path from concept to a widespread adoption has not been smooth in […]

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Ørsted, Mission Clean Energy To Develop Four BESS Projects In US Midwest

Ørsted, a leading Denmark based clean energy company, has announced a strategic partnership with Mission Clean Energy (“Mission”), a utility-scale renewable energy and storage developer, to advance four standalone battery energy storage systems (BESS) across the Midwest. The partnership with Mission complements Ørsted’s existing development efforts while broadening and diversifying the portfolio of technologies it […]

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HYLENR Uses Cold Fusion Technology To Generate Clean Energy

Hyderabad-based Startup HYLENR’s built cold fusion technology to generate clean energy. This innovation received a patent from the government of India for its low-energy nuclear reactor technology. HYLENR’s low-energy nuclear reactor can serve as an alternative for power generation, by amplifying input electricity to produce heat for Space Applications (MMRTG), Steam generation for multiple applications, […]

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Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA

Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […]

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Access To Public Finance Key To Clean Energy Adoption In India: IEA

The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […]

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Hitachi Energy Plans To Invest $4.5 Bn In Clean Energy By 2027

Switzerland-based Hitachi Energy recently announced its plan to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027. This is double the investments made by the company in the last three years. This investment complements the company’s recently announced $1.5 billion investment in April this year to ramp up global transformer […]

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US Releases New Rule To Incentivise Clean Energy Production Under IRA

The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […]

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Expediting Clean Energy Transition Improves Living Standards: IEA

Transitions to clean energy are affecting the cost of living the world over. According to a new report by the International Energy Agency (IEA), speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly The IEA report, Strategies for Affordable and […]

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