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Key Factors Behind Indias Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs []

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How a Butterfly has Helped in Making an Upgraded Hydrogen Sensor?

Inspired by the surface of butterfly wings, a new light-activated hydrogen sensor produces ultra-precise results at room temperature. Inspired by the surface of butterfly wings, researchers from RMIT University in Melbourne, Australia have developed a light-activated hydrogen sensor that produces ultra-precise results at room temperature. This technology can detect hydrogen leaks well before the safety []

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Railways Should use Sections of its Extensive Network for Transmission Infrastructure: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) in its latest report has shown how by facilitating electricity transmission routes, the Indian Railways could fast-track the energy transition. The report, Indian Railways at the Junction, suggests that transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables. []

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Ørsted Appeals Against Danish Tax Agency Decision on 2 Offshore Wind Farms in the UK

Today, Ørsted received an administrative decision from the Danish Tax Agency requiring Danish taxation of the companys British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016. The Danish Tax Agencys claim amounts to DKK 5.1 billion, plus interest amounting to DKK 1.5 billion. According to the decision, Ørsted is to []

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Energy Storage Market in the US Breaks Records in Third Quarter: Report

A new report has revealed that 476 MW of energy storage capacity were deployed in the US in the third quarter of 2020, setting a new record A new report has revealed that 476 megawatts (MW) of storage were deployed in the US in the third quarter of 2020, an increase of 240 percent over []

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Bengalurus Three Wheels United Enters Third Derivatives Inaugural Cohort

A Bengaluru based, Three Wheels United (TWU) has announced their selection in the Third Derivatives inaugural cohort of climate innovation startups, in a press release on 2nd December 2020. TWU a tech-enabled financier of light electric vehicles is one of the 50 climate innovation startups, selected from more than 600 applicants across 60+ countries. Founded []

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Capital Dynamics Achieves Financial Close on 383 MW Eagle Shadow Mountain Solar Project

Capital Dynamics, an independent global private asset management firm, is pleased to announce that its Clean Energy Infrastructure (CEI) business has achieved financial close on a 383 megawatt (MWdc) solar photovoltaic project, located on the Moapa River Indian Reservation in Nevada. This transaction represents the financial close for the Eagle Shadow Mountain project and builds []

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Tata Nexon EV Crosses 2000 Sales Milestone

Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. The firm states that in over 10 months, since launch, the sales of the Nexon EV reached 2200 units []

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Tender Issued for Installation of Solar PV Systems at Households Across Goa

GEDA has tendered for the installation of solar PV systems at various households across Goa under the Remote Village Electrification Scheme The Goa Energy Development Agency (GEDA) has issued a tender for the installation of solar PV systems at various households across Goa under the Remote Village Electrification (RVE) Programme.  In June, it was reported []

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