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energ transition

Renesola Secures USD 12 Million Financing for 19 MW Solar Project

ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […]

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Utah-Based Power Innovations sets new Hydrogen Fuel Cells Record

Utah-based Power Innovations has successfully completed a landmark 48-hour test with Hydrogen Fuel Cells, doubling the previous record of 24 hours Utah-based energy solutions provider Power Innovations has announced that it has successfully completed a landmark 48-hour test with Hydrogen Fuel Cells. In the test, which set a new Hydrogen Fuel Cell (HFC) record, the firm powered a full […]

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EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus

In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […]

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Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA

While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […]

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Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative

Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […]

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Hexagon Peak and Inpos to Build Largest Rooftop Solar System in Vietnam

Hexagon Peak has entered into a PPA with NWIT for the largest rooftop solar system in Vietnam with a nominal power output of 6 MWp to be built by Inpos. Hexagon Peak, the project development arm of Hexagon Holdings Singapore, has announced that the company has entered into a long term Power Purchase Agreement (PPA) […]

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Renewables Trump Fossil Fuels in Europe for H1 2020: Report

In H1 2020, renewable energy sources generated 40 percent of the EU-27 (European Union) electricity as they trumped fossil fuels for the very first time In the first half (H1) of 2020, renewable energy sources – wind, solar and bioenergy – generated 40 percent of the EU-27 (European Unions) electricity as they trumped fossil fuels (34 percent) for the […]

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RK Singh Confident India Will Have 450 GW RE by 2030

India will have around 60% of its installed electricity generation capacity from clean sources by 2030 reaching 450 GW RE capacity, RK Singh has said. India will have around 60 percent of its installed electricity generation capacity from clean energy sources by 2030, Power and New & Renewable Energy Minister R K Singh has said. The […]

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Britishvolt and Welsh Govt Sign MoU for 30 GWh Battery Manufacturing Plant

Manufacturer Britishvolt has signed an MOU with the Welsh Government to develop a commercially viable 30 GWh battery manufacturing plant in South Wales. Manufacturer Britishvolt has announced that it has signed a memorandum of understanding (MOU) with the Welsh Government as both parties work together on plans to develop a commercially viable 30 GWh battery […]

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