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Bharti Airtel Collaborates on Fuel Cell Technology with Bloom Energy

Recently, Bharti Airtel announced that its subsidiary Nxtra Data Limited had teamed up with Bloom Energy to install low-environmental impact fuel cell systems at its data centers in Karnataka. This will help reduce carbon emissions by providing a cleaner, hydrogen-ready fuel source and reduce energy consumption. According to a statement from Bharti Airtel, Nxtra will []

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Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects

Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energys entire renewable energy pipeline in Spain and Portugal over the next three []

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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Groups Management Board, the Groups subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is []

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Chinas Risen Energy Delivers Strong H1 Numbers with 51% Growth

Risen Energy, part of the cohort of China based manufacturers of photovoltaic modules, has reported that its revenue in first half of 2022 has expanded 51.29 percent year-on-year to reach 12.615 billion yuan (US$ 1.83 billion). The net profit attributable to shareholders of the parent company rose 653.56 percent increase year-on-year to reach 505 million yuan (US$ 72.98 []

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S&P Global Launches REC Price Assessments for Brazil-India Turkey

S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a []

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Pakistan Looks to Add 9000 MW Solar on Priority to Address Energy Crisis

The Pakistan government, stung by a persisting power crisis that has brought both outages and spiraling power costs in its wake, has finally changed course to add more solar to its grid.  While announcing plans to target 14,000 megawatts of solar capacity this year, the country is seemingly making up for lost time. We have []

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Mahindra Launches New Electric 3-Wheeler with Starting Price at Rs 3.60 Lakh

Zor Grand, an entirely new electric three-wheeler from Mahindra Electric Mobility Limited (MEML), a member of the Mahindra Group, has been introduced recently. The vehicles starting price is Rs 3.60 lakh, ex-showroom Bengaluru. The innovative Li-ion battery technology used in the Zor Grand electric three-wheeler ensures a charging period of fewer than four hours and []

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CEA Report: Prices for Polysilicon & Solar Modules Will Start to Fall in 2023

According to data by Clean Energy Associates (CEA), solar module prices for foreign markets are anticipated to decline in parallel with predicted decreases in polysilicon prices as of 2023. Due to higher-than-anticipated European purchase volumes and constrained polysilicon supplies, the quality assurance and supply chain management company disclosed that module costs that had gone up []

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CEA Report: PV Price Forecasting Report (Q2 2022)

CEA (The Clean Energy Association) has published a research report entitled PV Price Forecasting Report (Q2 2022). Recent months have seen significant changes in the solar sector as a result of supply constraints, increased costs, and logistical difficulties as well as rising energy demand and geopolitical tensions. The PV Price Forecasting Report is a []

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