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PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA

The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of []

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North-West Europe has Potential to Lead Hydrogen Adoption: IEA & CIEP

Joint IEA-CIEP study shows the region is well placed to lead hydrogen adoption for clean energy transitions, but greater cooperation and policy implementation is required to accelerate deployment. North-West Europe has a well-developed hydrogen industry that could be at the edge of an unprecedented transformation should governments keep raising their ambitions for reducing greenhouse gas []

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Renault Group Signs Agreement with Iberdrola to Reach Zero Carbon Footprint in its Factories

Renault Group and Iberdrola today signed a strategic partnership to reduce the CO2 emissions of Renaults energy consumption in Spain and Portugal. Under the agreement, Iberdrola will supply green energy on a long-term basis, while implementing heat electrification and energy efficiency systems at the manufacturers facilities. Additionally, Iberdrola will analyse on-site renewable projects, electrify mobility and []

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Ola Planning to Take its Electric Scooter to the International Markets

Ola Electric is looking at taking its electric scooter to international markets this fiscal according to company Chairman Bhavish Aggarwal. Ola Electric is looking at taking its electric scooter to international markets this financial year, including countries like France, Italy and Germany, according to company Chairman and CEO Bhavish Aggarwal. The company, which is working on setting []

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Dr. Milind Kulkarni Appointed CTO of Vikram Solar

Vikram Solar, one of Indias leading module manufacturers and comprehensive EPC solutions & rooftop solar providers, has announced the appointment of Dr. Milind Kulkarni as Chief Technical officer (CTO) of Vikram Solar Limited.  As per the firm, Dr. Kulkarnis role will be critical in product & technology development and manufacturing, design & process development, while []

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Covid-19 Couldnt Crush Indias Electric Car Sales in 2020; They rose 41%

According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the worlds economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was []

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Italys Ecology Minister: 72% power to come from Renewables in 2030

Italys Ecology Transition Minister Roberto Cingolani revealed yesterday that the country will have to produce as much as 72% of its electricity with renewable sources in 2030 so as to fulfil the European emissions-reduction target of 55% set for the same year. While in conversation with the Italian daily la Repubblica, he said, In 2030, []

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NYSERDA to repurpose former Benson mine into 20 MW solar plant

Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in []

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German Govt to Expand Capacity in Solar & Wind Power Auctions

The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix []

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