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NexWafe Lands 10 Mn Funding Round, Aims to Cut Solar Production Costs by 30%

High-efficiency monocrystalline silicon wafer manufacturer gears up for commercialization of its wafer technology, adds veteran VC to corporate board NexWafe GmbH, today announced completion of a 10 million capital raise with participation from both existing and new shareholders. Pioneers of in-line epitaxy for production of high-efficiency monocrystalline silicon wafers, NexWafes EpiWafers provide solar panel manufacturers []

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Government of Quebec Signs New Wind Power Purchase Agreement

RES is pleased to announce that Hydro-Quebec has signed aPower Purchase Agreement with Parc éolien Apuiat S.E.C., a partnership between the Innu First Nation communities in Quebec and Boralex Inc. The Partnership is concurrently purchasing the 200MW wind project from RES, which is located in the Côte-Nord region ofQuébec, Canada. RESlaunchedthe development of the site in 2012and teamedin 2016 withBoralexto []

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Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac

Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the countrys National Electricity Market (NEM) power generation mix is expected to []

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1 in 6 Passenger Cars Registered in EU in Q4 was Electrically-Chargeable

In Q4 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). In the fourth quarter (Q4) of 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). Stimulus packages introduced by governments to boost demand, following []

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Finance Ministry Permits AP to Borrow Additional Rs 1515 Cr for Power Sector Reforms

The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. As part of the reforms, the state has started the Direct Benefit Transfer (DBT) scheme of electricity subsidy to farmers with effect from September 2020. Thus, it []

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TVS Motors Launches iQube, its Electric Scooter in Delhi

Indian multinational motorcycle company, TVS Motors has yesterday launched its iQube electric scooter in Delhi, with an on-road price of Rs.1,15,000. After Delhi governments Switch Delhi campaign, the price may fall to 1,08,012. The TVS iQube comes with 3 Li-ion battery packs, supported with dedicated BMS and a 3 years warranty. It charges for two []

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Hi-tech Solar Solution Brings Hope to Energy-Starved People of Gaza

Experts are developing a novel solar energy pilot plant that will provide clean and affordable electricity to people living in the Gaza Strip University of Birmingham experts are developing a novel solar energy pilot plant that will help to provide clean and affordable electricity to people living in the Gaza Strip. Working with counterparts at []

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Tata Power Reports Q3 Results, Strong Showing by Renewables Biz

Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, Indias largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The []

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EESL to Implement Clean Energy and Energy Efficiency Projects for Coal India

EESL has signed an MoU with Coal India Limited (CIL) to execute energy efficiency and clean energy projects for CIL and subsidiaries. Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, has announced that it has signed a Memorandum of Understanding (MoU) with Coal India Limited []

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