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ReNew Power Successfully Prices USD 585 Million of Green Bonds

ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […]

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GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund

The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […]

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IIT Hyderabad Develops an Alternative for Typical Lithium-ion Batteries

Researchers at IIT Hyderabad have come up with an alternative for the conventional Lithium-ion batteries. It is a more sustainable and low-cost Dual carbon battery, which may find potential use in high voltage applications, sophisticated battery-run medical devices, regenerative braking systems in electric vehicles (EVs), and stationary grids. Finding options that are cheaper and more […]

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Fujitsu, AutoGrid to Boost Renewable Energy use in Japan With VPP Solution

Fujitsu will begin offering Autogrid Virtual Power Plant (VPP) solution in Japan under a new collaboration agreement. Fujitsu Limited and AutoGrid Systems have announced that Fujitsu will begin offering Autogrid’s Virtual Power Plant (VPP) solution in the Japanese market. Fujitsu will leverage the solution to maximise the use of distributed energy resources in the domestic […]

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World Adds Record new Renewable Energy Capacity in 2020: IRENA

According to IRENA, the world added more than 260 GW of renewable energy capacity last year, exceeding expansion in 2019 by close to 50%. Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the […]

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Electric Vehicles Market Share to Exceed 50% From 2033: Rystad

The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […]

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IIT Delhi Halves Carbon Footprint With 4.7 MW Green Energy Capacity

IIT-Delhi has achieved the milestone of becoming the 1st Central Govt funded technical institute to reduce its carbon footprint by over 50% Indian Institute of Technology – Delhi (IIT-D) has announced that from April 1, 2021, the institute achieved the milestone of becoming the first Central Government funded technical institute to reduce its carbon footprint […]

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Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain

Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a […]

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Solis Seminar Episode 16: Leakage Current Failure

Background In the last episode of the Solis Seminar series we talked about how faults can occur during wet weather, in particular the importance of “PV Isolation Protection”. In this episode, we will discuss “leakage current failure” faults and cover possible causes as well as ways to prevent the issue. We will look at a […]

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