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demand and supply

World’s largest hydrogen taxi fleet to be powered by Cummins electrolyser

Cummins Inc., through its affiliate Hydrogenics Europe N.V., has signed a contract to supply a 2.5-megawatt (MW) electrolyser to Hysetco, a hydrogen mobility company owned by Total Energies, Air Liquide, Toyota, Kouros and others. The electrolyser will enable local hydrogen production in Paris, France, to power Hysetco’s ambitious project, which aspires to develop and operate […]

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Indian Oil, L&T, ReNew Power in JV For Green Hydrogen

In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […]

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Sungrow Signs 500 MWac Contract For PV Inverter Solutions in Brazil

Sungrow continues to build on its leadership in the Brazilian market. In a year marred by the impact of Covid the Free Energy Market (PL 1917/15) that is in final approval stage has ensured a positive outlook for solar power in Brazil. Sungrow recently closed a 500 MWac PV inverter solution supply contract with Mercury […]

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CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030

New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […]

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British Intl Invt invests $89 M to scale renewable energy in India

British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […]

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Global wind & solar power growth on track to meet climate targets: report

Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […]

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Analog Devices, Gridspertise in Tie-up For Smarter Grids

US Semiconductor major Analog Devices, Inc. and Gridspertise, the new subsidiary of the Italy based Enel Group providing cutting-edge sustainable solutions to distribution system operators (DSOs), have announced a collaboration to advance the resiliency and quality of smart grids around the world. The collaboration enables the development of new hardware and software that support distribution […]

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Renewables Face An Oil Slick

A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […]

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The Top 5: Biggest Automotive Semiconductor Manufacturers

One of the most unexpected impact of the Covid pandemic has been felt in the automotive sector, where an acute shortage of microchips has roiled production schedules worldwide. An unexpected consequence of the massive use of electronics in vehicles today, the overall surge in demand for all electronics after the first 12 months outpaced the […]

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