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clean energy

IEA Flags Supply Side Risks For Global Energy Security

The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […]

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Achieving Universal Energy Access by 2030: Can It Be Done?

Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […]

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SolaX Power Announces 149.8mn USD Investment On Energy Storage

Global energy solutions company SolaX Power has now unveiled a 149.8 million USD investment to establish research and manufacturing facility in the Zhejiang Province of China. This project will focus on utility-scale energy storage and integrated smart energy systems. The company said that the move is likely to aid in the global energy transition towards clean […]

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IBM Acquires Prescinto, Expands Into Renewable Energy Space

IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […]

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Key Global Policy Trends Accelerating the Renewable Energy Revolution

The transition to renewable energy is not just a technological shift; it’s a complex interplay of policies, market dynamics, and societal acceptance. As the world grapples with climate change, energy security, and economic resilience, governments are increasingly recognizing the need to enhance their renewable energy strategies. This blog outlines key policy trends driving renewable energy […]

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India Needs To Triple Wind Energy Power By 2027: EMBER Report

India must triple its installed wind power capacity by 2027 to meet the projections made by the National Electricity Plan (NEP14). Though implementation of policies with state-specific targets will be crucial, the trends of wind and solar together will work in its favour – a reliable and diversified energy mix that helps India meet its […]

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Hitachi Energy Rolls Out $250Mn Plans For India

Hitachi Energy, a firm working in the energy technology landscape announced that it will invest nearly $250 million USD (INR 2,000 crore) in the country over the next five years to help the company improve its manufacturing capacities, expanded product range in support of the fast-growing demand worldwide for sustainable energy solutions. The investment forms […]

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India’s Clean Tech Capacity To Rise Significantly By 2030: S&P Report

According to Clean Energy Technology research team at S&P Global Commodity Insights, India has introduced various initiatives to enhance domestic manufacturing, aiming to minimize reliance on imported goods and bolster local manufacturing. With these supportive strategies, India’s clean energy technology capacity is projected to rise significantly by 2030, aiming for full self-sufficiency in solar PV […]

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US Solar Prices Plummet, Battery Adoption Skyrockets: EnergySage Report

EnergySage has released its 19th Intel Solar & Storage Marketplace Report, offering detailed insights into the US residential solar and storage market. The semiannual report analyses millions of transaction data points from January to June 2024, based on consumer activity across 48 states and Washington, D.C. The data highlights key trends such as falling solar […]

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