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Clean Energy Investments To Reach $670bn In 2025: Report

S&P Global Commodity Insights, an independent provider of information, analysis, data, and benchmark prices for the commodities, energy, and energy transition markets, has released its latest report on the pivotal trends in clean energy technology for 2025. The report said that investments in the clean energy sector might reach $670 billion in 2025. “S&P Global […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity

India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […]

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ACME Solar Appoints Dinesh Chadha As President, Renewable Energy (Senior Management)

Gurugram-based ACME Solar has announced the appointment of Dinesh Chadha as the President,  Renewable energy of the company. The company said in a regulatory filing, “Dinesh Chadha holds a bachelor’s degree in Electrical Engineering from Nagpur University. Before joining Acme Solar, he served as the Managing Director at Linxon India (earlier ABB India) for India […]

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Tesla’s Shanghai Energy Storage Plant Begins Trial Production

US automobile company Tesla’s Shanghai energy storage Megafactory recently began trial production.The new plant is dedicated to manufacturing Megapacks, Tesla’s energy-storage batteries, with mass production expected to commence fully in the first quarter of 2025, Tesla China told Xinhua. The Megafactory is the first of its kind that Tesla has built outside the United States. […]

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BatX Energies Starts New Lithium-Ion Battery Recycling Facility In UP

BatX Energies Pvt. Ltd, an Indian lithium-ion battery recycling company, has inaugurated its new Critical Minerals Extraction plant (HUB-1) in Uttar Pradesh. This marks a significant leap for the firm’s expertise in extracting vital materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, directly addressing the challenges of resource scarcity. These critical […]

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Q3: Britain Sets Wind Energy Record With 22.5 GW Contribution

New data showed that renewables generated over half of Britain’s power for four consecutive quarters with wind energy setting another record in the United Kingdom (UK). Britain’s onshore and offshore wind farms set a new record by generating 22.5 gigawatts (GW) of clean power on Wednesday morning (18th December), providing 68.3% of the country’s electricity […]

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Odisha: IREDA Has Sanctioned Over Rs.3,000 Cr For Green Energy Projects

Pradip Kumar Das, Chairman and Managing Director (CMD), Indian Renewable Energy Development Agency Limited (IREDA) reaffirmed its commitment to Odisha’s ambitious renewable energy target. The CMD emphasized the state’s vision of achieving 10 GW capacity by 2030. Highlighting its support, the Indian Renewable Energy Development Agency Limited (IREDA) has already sanctioned over Rs. 3,000 crores […]

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Waaree Energies Starts Trial Production Of Modules From Its US Plant

Solar module manufacturer Waaree Energies today announced producing its first solar module from its United States (US) manufacturing unit. The full-fledged production from the center is however is likely to start from February 2025. It also said that it has now started its trial production from its US plant. “This is to inform you that […]

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