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clean energy

Rs 90,000 Crore Relief Package for Discoms a Non-Starter

The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union government’s ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend […]

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Sunnova Closes Sixth Residential Solar Loan Securitization

Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […]

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Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery

Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […]

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Sungrow Unveils New Central Inverter at Virtual Show

Chinese inverter manufacturer Sungrow has on Thursday unveiled its new central inverter SG6250HV-MV during a virtual show organised amidst the changing market conditions due to coronavirus pandemic. The company said in a statement that the turnkey station SG6250HV-MV for 1500Vdc system integrated 2 units of outdoor central inverter SG3125HV-30 with medium-voltage transformer and other components […]

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Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC

After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […]

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EV Sales Rise with Implementation of Stringent Emission Norms: Frost & Sullivan

EV sales will be driven by the implementation of stringent emission norms across countries and global policies favouring the adoption of electric vehicles Frost & Sullivan’s recent analysis, Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9 percent in […]

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MHI Vestas Gets Firm Order for 1140 MW Offshore Wind Project

Seagreen Wind Energy has finalised the turbine supply contract with MHI Vestas for 114 turbines for Scotland’s largest offshore wind farm. MHI Vestas has announced that Seagreen Wind Energy has finalised the turbine supply contract with the manufacturer for 114 turbines for Scotland’s largest offshore wind farm. It was in October 2019, when MHI Vestas […]

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Global Report Showcases Success of E-Buses Deployment in Kolkata

As part of its extensive work on EVs, IEA as a part of its latest flagship report has presented a case study showcasing the success of e-buses in Kolkata As part of its extensive work on electric vehicles (EVs), the International Energy Agency (IEA) as a part of its latest flagship report – the “Global […]

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EVs Grab a Bigger Chunk in Shrinking Passenger Cars Market: IEA

While in 2019, the global sales of passenger vehicles tanked, EVs had another banner year recording a 40 percent YoY growth in sales. The global electric vehicle (EV) fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances. And while in 2019, the global sales of passenger vehicles tanked, electric vehicles […]

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