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fossil fuels

The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note

A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […]

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Climate Tech Firm CarbonCapture Closes $35 M Series A Funding

CarbonCapture, a climate tech company that makes machines that remove CO2 directly from the atmosphere, has announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct […]

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Adani Boosts RE Association With Gallery At London Science Museum

The prestigious Science Museum in London has announced a landmark new gallery on Tuesday, which will examine how the world can undergo the fastest energy transition in history to curb climate change, with a subsidiary of the Adani Group being the title sponsor. Energy Revolution: The Adani Green Energy Gallery is supported with title funding […]

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Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20

California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […]

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Biden’s 30 GW Offshore Wind Plans Face Many Headwinds

Plans to lease much of the U.S. coastline — from the Gulf of Mexico to the Northeast, California and Oregon — for offshore wind farms by 2025 are likely to face a steady barrage of resistance from various constituents, as renewable energy faces the biggest problem fossil fuels largely bypass. The NIMBY syndrome, or (Not […]

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Fourth ISA Assembly Kicks off On October 20

The International Solar Alliance’s (ISA) fourth session is scheduled to be held on October 20, in virtual mode. The Gurugram headquartered body has been the largest multilateral initiative backed by India in recent decades. India has also applied to grant observer status to the body in the UN General Assembly to help provide for regular […]

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Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’

A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […]

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Tokyo-based Eneos to Buy Japan Renewable Energy for $1.8 B

Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […]

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Solar Module Prices Hit 2 Year highs, Gap Between Multi, Mono-Perc Widens

Solar Module prices in China’s ‘spot’ market continued to rise further at the end of the China National Day Holiday Weekend. Thus, the price trend continues unabated from before, with no immediate sign of respite. We had reported last week on how the top 5 Chinese manufacturers had urged developers to go slow, or defer […]

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