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environmental

Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen

The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […]

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“Difficult” to Meet California Zero-Emission Requirements: Toyota President

Akio Toyoda, Toyota Motor President, has termed the achievement of California’s new zero-emission requirements (to put an end to sales of new gasoline-only vehicles by year 2035), as “difficult” to meet. “Realistically speaking, it seems rather difficult to really achieve them,” Toyoda stated through a translator at a roundtable interaction with reporters. Toyota’s EV Plans […]

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We Are Targetting Volumes of Nearly 175,000 Vehicles Yearly in Next 5-7 Years

EV startup, ElectronEV was founded in 2020 by Vinay Jayachand and Rakesh Koneru. Based out of Bay Area, USA and Hyderabad, the startup recently announced its entry into the Indian market. Its founder Vinay Jayachand brings to the table more than 11 years of experience in the automotive industry. Of this, he spent eight years […]

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US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK

US-based ReneSola, which claims to be a leading fully integrated solar project developer, has announced that it has acquired a 50 MWp operational solar farm called ‘Project Branston’ that is located in Branston, Lincoln, United Kingdom. The solar project is acquired from British firm P&T Global Renewable Energy. ReneSola said that transaction was completed September […]

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JUMIA Partners with BILITI Electric to Include E-Vans in Delivery Fleet

Nigeria based e-commerce company, JUMIA has announced a partnership with California-based EV solutions provider BILITI Electric, to add e-vans to its delivery fleet in Kenya. Through this collaboration, both companies have completed the pilot project, and are set to scale the fleet within Kenya in the first phase, and eventually across Africa. According to both […]

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Now Germany Adopts New Model For its Renewable Energy Tenders

Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches.  […]

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Hitachi Astemo Builds 3-MW Solar Power Plant in Maharashtra

Japanese automaker Hitachi Astemo has announced that it has installed a ground mounted solar power plant of 3-MW at its manufacturing plant in Jalgaon, Maharashtra. The company said that the solar power plant is built in an area of 43301 sq meters employing 7128 ground mounted solar panels and 10 inverters. The 3-MW Jalgaon solar plant […]

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$320 B Dubai Investment Fund Picks 5 RE Projects In Australia, Europe For Investments

Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, announced its investment into five projects aimed to developing renewable energy sources in Australia and Europe. The fund has been expanding its investment strategies, to include more environmentally friendly and clean technologies, whose importance will definitely rise in the […]

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