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IRENA Members contribute to G20 Action Agenda on Offshore RE

On the occasion of the 2021 World Ocean Day, celebrated yesterday, over 70 IRENA members and private sector representatives came together in a Collaborative Framework on Ocean Energy and Offshore Renewables to accelerate the deployment of ocean technologies worldwide. Energy from the sea and through offshore renewables is increasingly recognised as significant climate solution for […]

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Global Energy Investments Far From a Net Zero Pathway: IEA

As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […]

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GWEC’s 16th Edition Global Wind Report 2021: Key Highlights

2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 per cent year-on-year increase – but a new report published by the Global Wind Energy Council (GWEC) warns that this growth is not sufficient to ensure the world achieves net zero by 2050. […]

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JinkoSolar’s N-Type Mono-Si Solar Cell reaches Record 25.25% Efficiency

Shanghai-headquartered solar panel manufacturer JinkoSolar Holding Co., Ltd. announced yesterday that the maximum solar conversion efficiency of its large-area N-type monocrystalline silicon solar cells reached 25.25%, setting a new world record for large-size contact-passivated solar cells. This result has been independently confirmed by the National Institute of Metrology, China (NIM). It is the third time […]

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AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia

The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […]

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FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning

The Forum of regulators (FOR) is  a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […]

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Yulu Bikes Claims 2.5 Times Growth During Lockdown

When businesses all across the country suffered due to Covid-19 imposed lockdowns, one electric mobility company claims it grew , and played its part in helping covid warriors. We are talking about Yulu bikes, that enables urban mobility across public and private modes of transport seamless, shared, and sustainable, through its user-friendly mobile app. We […]

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Solar Tracker Maker PVH set to Open First Solar Facility in the Middle East

California-headquartered PV Hardware (PVH), a Spanish solar tracker and mounting systems manufacturer, announced yesterday its plans to open a manufacturing facility in Saudi Arabia. The company’s first factory and branch in the Middle East will manufacture PV structures, solar tracking systems and robotic cleaning devices ‘Made-in-K.S.A.’, in response to the rules for domestic content recently outlined […]

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IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues

The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […]

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