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energy investments

Global Investment On Energy To Increase By 8% In 2022: IEA

The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […]

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Setting Industry Standards for Clean Energy Products

In the past few years, clean energy products have gained substantial popularity. Consumers, who are becoming more environmentally conscious by the minute and keen to save money, are embracing the transition to renewable products with open arms. As the Centre looks to reduce carbon emissions by a massive 1 billion tonnes by 2030, more and […]

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GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat

General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […]

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Solar And Wind Energy Potential Of India May Face Climate Challenge, Finds IITM Study

An analysis published in the Current Science journal reveals that India might fall short of its renewable energy target. And yes, its not the 2022 target of 175 GW, which is certain miss at this stage. The Indian Institute of Tropical Meteorology (IITM), Pune scientists and researchers at Center for Prototype Climate Modeling, New York […]

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Endurance Technologies Enters BMS Segment With Maxwell Energy Acquisition

Indian auto-component maker Endurance Technologies has now entered into the new avenue of the electric vehicle centric product lines. This has come with the key acquisition of Battery Management System (BMS) unit of Mumbai based company Maxwell Energy Systems. The deal between the two companies entails that Endurance Technologies shall buy a 51 per cent […]

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Despite Positive Results, Renewable Energy In Australia Faces Local Challenges

Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […]

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Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings

The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […]

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Savannah Energy sings pact with Chad to develop 500 MW renewable projects

British energy company Savannah Energy has announced the signing of an agreement with the Ministry of Petroleum and Energy of Chad for the development of up to 500 MW of renewable energy projects. The projects will supply electricity to the Doba Oil Project and the towns of Moundou and Doba in Southern Chad, and the […]

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Norway Launches New Renewable Energy Investment Fund For Developing Countries

South Africa is expected to get a fresh spell of investments in the renewable energy segment that will help the country to increase the green energy in its energy basket and decrease carbon emission. This is because Norway will make funds available from its climate investment fund to the developing countries for the development of […]

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