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IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the worlds biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight []

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Europes Metal Industry Asks EU to Help it Deliver Energy Transition

Industry association Eurometaux has asked EU policy-makers to allow member states to support domestic producers of aluminium, zinc and silicon with state aid to ensure supplies of the metals crucial for the transition to low carbon energy. The European Union has a goal to reduce net greenhouse gas emissions by 55% from 1990 levels by []

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ANIL To Lead Adani Groups Renewable Energy Shift

The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of []

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French Infra Major VINCI Completes Buy of Spanish Energy Firm Cobra IS

French concessions and construction company VINCI has completed the acquisition of Spanish construction major ACSs energy business, Cobra IS, following an agreement signed between the two companies in April last year. The move also adds a fresh, stronger player in the EPC end of the global renewables sector in the form of the stronger entity []

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Sterling and Wilson Renewable Energy Limited Welcomes Reliance As Promoter

In a formal confirmation of its deal with Reliance New Energy Solar (RNESL), Sterling and Wilson Renewable Energy Limited (SWREL) has announced the completion of transactions that enables the Reliance group to join as promoter group. This has happened after the Reliance group paid the balance Rs 1583 crore for the buyout of 25.90 percent []

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Updated ALMM List For Solar Modules- Contendre Greenergy, Ritika Systems Make Entry

In its latest and last revision for 2021 (number 4) to the ALMM list (Approved List of Module Manufacturers), issued on December 30, the Ministry of New and Renewable Energy (MNRE) sees the addition of two more solar module manufacturers. The two new entrants, Contendre Greenergy Pvt Limited from Maharashtra, and Ritika Systems Pvt Limited []

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Chinas Risen Plans $7 B Solar Factory Run on Clean Energy: Bloomberg

Chinese PV manufacturer Risen Energy Co. is planning to build a 45 billion yuan ($7 billion) integrated solar power factory in Inner Mongolia that will run on clean energy, Bloomberg recently reported. The plant will produce materials across the supply chain from industrial silicon to finished solar modules, the company said in a Dec. 27 []

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New EU Rules On Energy Projects Focus on Flexibility, Climate Change

The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG).  to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how []

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