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Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF

The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […]

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IREDA, PNB Collaborate To Co-Finance Green Energy Projects In India

Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU). This collaboration aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA’s registered office in New Delhi today, paves the way for joint efforts in co-lending and […]

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Volkswagen, Mahindra Partner To Bring Unified Cell Concept In EVs

Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the first agreement for the supply of Volkswagen´s component to Mahindra. The company plans to use the components of Volkswagen´s MEB (Modular Electric Drive) for Mahindra’s purpose-built electric platform INGLO. Thus, taking a definitive step further on their joint vision for e-mobility collaboration. The deal […]

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Siemens Energy Invests $150 Mn To Address Shortage Of Transformers

Siemens Energy plans to invest $150 million to expand operations in Charlotte, North Carolina, creating almost 600 local jobs. It said, “Today, only 20% of US large power transformer demand is met by domestic supply with lead times of up to five years. Power transformers provide the link between generation and distribution and are a […]

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Sterlite Announces Fin Closure For Beawar Project From REC

In yet another indicator of the improved funding environment for larger power projects, especially in the renewables sector, Sterlite Power, has  announced a financial closure for its Beawar Transmission Limited (BTL) project. Sterlite project has secured funds totaling INR 2400 Cr. from REC Power Development and Consultancy Limited, a wholly owned subsidiary of Rural Electricity […]

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Energy Technology Specialist

Responsibilities:- Design interventions for digital and new technologies such as renewable energy, energy efficiency, electrical vehicles, energy storage, smart meters and environmental sustainability, including developing specifications, preparing procedures for deployment, and training utility staff in use and application of new tools and technologies. Identify emerging technologies and suppliers, vendors, service providers etc. in relevant areas […]

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Incheon, Harvard Researchers Improve Fuel Cell Durability With Innovation

Scientists from the Incheon University in South Korea and Harvard University have developed a fatigue-resistant electrolyte membrane with an interpenetrating polymer network, which prolongs the lifespan of fuel cells. In hydrogen fuel cells, electrolyte membranes frequently undergo deformation and develop cracks during operation. The research team from these universities has recently introduced a fatigue-resistant polymer […]

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Hala Mobility, Sieger Technologies Collaborate For 18,000 EV Two-Wheelers In Hyderabad

E-Mobility-as-a-Service (E-MaaS) solutions provider Hala Mobility has partnered with lithium-ion battery producer Sieger Technologies for accelerating the establishment of EV fast charging infrastructure in Hyderabad, Telangana. Under the multi-year agreement, the focus of the two firms lies on rolling out EV fast charge/battery swap stations. Hala Mobility said that the partnership will be commencing with […]

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Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF

The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […]

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