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EDF, Oceanus, Plan Power & Desalination, By Using Pumped Storage, Renewable Energy

French energy utility major EDF and Oceanus have announced plans to build a pumped hydro storage station along with a desalination plant powered by wind and solar. The plan is to use saltwater to produce hydropower during periods of high demand, while producing affordable freshwater using the same energy. The project will be located in […]

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Karnataka Floats Tender For 50 Electric Buses Under FAME II Scheme

The North Western Karnataka Road Transport Corporation (NWKRTC) has issued the request for proposals (RFP) for procurement, operation, and maintenance of 50 electric buses on the Gross Cost Contract (GCC) model under FAME-II scheme.  Interested bidders can submit their bids online by March 9, 2021, and bids in hard copies should be submitted by March […]

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Sterling and Wilson To Launch EV Charging Infrastructure, Partners With Enel X

Engineering, procurement, and construction (EPC) major, Sterling and Wilson will soon be entering the Indian electric mobility segment with the launch of electric vehicle (EV) charging infrastructure. The company has announced its 50-50 partnership with Enel X, a subsidiary of Enel Group, innovative products, and digital energy solutions provider, to make the move into e-mobility. […]

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SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy

Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […]

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Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments

Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […]

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BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis

BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […]

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Will Larger Solar Module Sizes Work For Everyone?

As Panel Sizes Grow, Time For A Reality Check For C&I Buyers & Residential homeowners looking for Rooftop Solar. The second half of 2020 marked a new shift in the solar module segment, with many manufacturers announcing the launch of bigger, better & higher output modules. Some have called these the next level of technology […]

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Record 33.6 GW of Wind and Solar Capacity Added to US Grid in 2020: BNEF

A new report has found that in a year faced with COVID-19, a record 33.6 GW of wind and solar capacity was added to the US grid in 2020. Faced with the COVID-19 pandemic and sharp economic contraction, the US clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) […]

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New Net-Metering cap Risks Stalling Rooftop Solar Progress in India: IEEFA

A new regulation that excludes rooftop solar systems over 10 kW from net metering could stall progress for rooftop solar targets of India A new regulation that excludes rooftop solar systems over 10 kilowatts (kW) from net metering will stall the adoption of larger installations in India, undermining progress towards the government’s rooftop solar target […]

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