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UK’s Energy Catalyst Program Launches New Community Hub

UK government Energy Catalyst program aims to support businesses to develop sustainable energy technologies and business models, which are accelerating the clean energy transition in developing and emerging economies.  The program is run by Innovate UK and is co-funded by partners including the Engineering and Physical Sciences Research Council, the Department for International Development, the […]

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ICRA Grants First ‘Stable’ Rating to GMPL in EV Bus Segment India

ICRA has assigned [ICRA]A- (Stable) to Greencell Marudhara Private Limited, GMPL, the EV bus fleet operator for RSRTC in Rajasthan. Investment Information and Credit Rating Agency of India Limited (ICRA) has assigned A- (Stable) to Greencell Marudhara Private Limited, GMPL, the electric vehicle bus fleet operator for the Rajasthan State Road Transport Corporation (RSRTC) in […]

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Tata Power one of India’s Most Sustainable Companies According to SLP

Tata Power has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 according to the annual survey conducted by SLP, France. Tata Power, India’s largest integrated power utility has emerged as one of ‘India’s Most Sustainable Companies’ at rank 13 and an A+ rating, according to the annual survey conducted by Sustain Labs […]

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Making Green Hydrogen a Cost-Competitive Climate Solution

As global economies turn increasingly carbon neutral, IRENA drives hydrogen agenda and sees renewable hydrogen at least cost possible within decade Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for […]

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Ayana Renewable Scoops Up $390 Million In Fresh Funding

CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […]

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Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC

The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain.  Having the right supply chain strategy is crucial […]

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New York To Get 100 MW Battery Storage

Con Edison, a US-based energy company and 174 Power Global, a solar project development company have struck a deal that will place the largest battery storage project in New York on an industrial site in Astoria, Queens, the batteries will be able to discharge 100 megawatts of electricity. This East River Energy Storage System will […]

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IRENA Offers Recommendations to Accelerate El Salvador’s Energy Transition

IRENA analysis presents 14 concrete actions that can significantly accelerate the country’s uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations […]

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CCEA Approves RCE for North Eastern Region Power System Improvement Project

The Cabinet Committee on Economic Affairs (CCEA) has approved the Revised Cost Estimate (RCE) of the North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs.6,700 crore. This is a major step, towards the economic development of the North Eastern Region through the strengthening of Intra-State Transmission and Distribution systems. Announced […]

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