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Investments in Renewable Energy Sector Could Hit $11T By 2040

India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […]

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Hydrogen Fuel for Cars One Step Closer to Reality

The technology, described in a paper in the journal Energy Storage Materials, could be especially useful in rural areas, or to military units serving in remote locations. Researchers at University of California, Los Angeles have designed a device that can use solar energy to inexpensively and efficiently create and store energy, which could be used […]

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Air-breathing Battery Could Cut Costs of Renewable Energy Storage

Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […]

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Thomson Reuters Named Sungrow Top 25 Global Renewable Energy Honoree

Sungrow has been one of the most fast growing companies in the clean energy industry. Thomson Reuters, a leading source for news and industry reports for professionals across the globe has named Sungrow, the global leading inverter solution supplier for renewables, as a Top 25 Global Renewable Energy Honoree in its Top 100 Global Energy […]

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India’s Clean Energy Sector Aims To Generate 330,000 New Jobs: Report

The Union Government is planning to set up 160,000 Megawatt (Mw) of fresh renewable energy generation capacity in the five years between 2017 and 2022. More than 330,000 new jobs are likely to be generated from India’s growing renewable energy sector over the next five years, according to US-based global research organisation World Resources Institute […]

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Delhi Based Sunsure Energy Eyes INR 200 Crore in FY18 Revenue

Sunsure Energy was founded by a group of close knit IIT-Delhi alumni and has seen a phenomenal growth in India’s thriving Solar Power sector. A Delhi-based turnkey solar project company, Sunsure Energy Pvt. Ltd. is all set to close an action packed year at an all-time high revenue of INR 200 crore. from its Solar […]

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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […]

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IL&FS Tie-up With Ecamion To Explore Energy Storage Business

IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […]

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India-France Cooperation a ‘Partnership for Planet’: Foreign Minister Le Drian

This is very positive and will enable us to further enhance the attractiveness of this international organization, which will have a crucial role to play in helping developing countries gain access to sustainable energy at lower costs. Describing the Indo-French cooperation as a “partnership for the planet”, French Foreign Minister Jean-Yves Le Drian that the […]

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