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Storage Emerging As Issue For Europe’s RE Growth

Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […]

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Neoen to Build one of the World’s Largest Batteries in Australia

Neoen has been awarded a 250 MW grid services contract by AEMO, the services will be provided by Neoen’s future 300 MW Victorian Big Battery, set to become one of the world’s largest batteries. Neoen, one of the world’s leading and fastest-growing producers of renewable energy, has announced that it has been awarded a 250 […]

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Adani Green Energy Increases Income but net Profit Drops 82% in Q2

Adani Green Energy while reporting a slight increase in its total income has also reported a decline of over 82% in its consolidated net profit for Q2 2020. Adani Green Energy has reported its financial results for the second quarter (Q2) of the financial year after its Board of Directors approved the results. The firm […]

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ADB to Deliver Disaster-Resilient Clean Energy to Consumers in Palau

The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The Asian Development Bank (ADB) has approved a USD 3 million grant to increase access to disaster-resilient clean energy for consumers in Palau. The grant comes from the Japan Fund for Poverty Reduction, […]

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KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India

The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […]

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Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report

A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […]

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BSES Launches its Rooftop Solar Program in Safdarjung and Karkardooma

BSES Discoms have announced the expansion of their Solar City Program by launching ‘Solarise Safdurjung” and ‘Solarise Karkardooma’. Two Delhi Discoms in BSES Rajdhani Power Limited (BRPL) and BSES Yamuna Power Limited (BYPL) claim to be committed to aggressively promoting rooftop solar in South, West, East and Central Delhi. As a result of which, there […]

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ENGIE to Develop 420 MW Wind Farm in Australia After Latest Acquisition

ENGIE ANZ has announced the purchase of the 420 MW (on completion) Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. ENGIE Australia & New Zealand (ENGIE ANZ) has announced the purchase of the Hills of Gold Wind Farm development near Nundle, New South Wales in Australia. The project, which is […]

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JinkoSolar’s Principal Operating Subsidiary Raises USD 458 Million

JinkoSolar Holding has announced the completion of USD 458 million equity financing by its principal operating subsidiary Jiangxi Jinko. JinkoSolar Holding, one of the largest solar module manufacturers in the world, has announced the completion of an RMB 3.1 billion (approximately USD 458 million) equity financing by its principal operating subsidiary Jinko Solar Co., Ltd. […]

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