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Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030

A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […]

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Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets

An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […]

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HyDeal Coalition to use 95 GW Solar to Bring Hydrogen to $2/Kg by 2030

European firms, with tacit support from their governments, continue to move ahead with plans to grab leadership in the green hydrogen space before the end of this decade. These plans, which were accelerated after the corona pandemic ravaged economies, effectively seek to push both renewable energy (solar) to supply the energy needed, and technology sharing, […]

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Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA

A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […]

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MYSUN+ to Provide Solar Solutions to C&I Clients on RESCO Mode

MYSUN’s new venture ‘MYSUN+’ will provide solar solutions to large C&I customers on a built, own, operate and transfer (BOOT) or RESCO model. With an aim to consolidate and service its large and rapidly growing customer base, MYSUN’s new venture ‘MYSUN+’ will provide solar energy solutions to large corporate, industrial and commercial establishments on a […]

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New Zealand Approves 22 New Low-Emission Transport Projects For Clean Environment

Energy and Resources Minister Megan Woods has said that the New Zealand government has approved 22 new low-emission transport projects, as extended additional support to clean up the environment. A community electric bike and car share scheme, additional electric vehicle (EV) charging stations, as well as five hydrogen trucks and a demonstration electric truck, are […]

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RE Projects can get Further Extension in Exceptional Cases: MNRE

MNRE has stated that RE projects under implementation during lockdown can seek to get a further extension beyond 5 months in exceptional cases The Ministry of New and Renewable Energy (MNRE) in its latest order has stated that renewable energy (RE) projects under implementation as on the date of lockdown, i.e. March 25, 2020, through […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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Infrastructure and Energy Alternatives Secures Wind Construction Contract for 300 MW Project

Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company has been awarded a wind construction contract valued at approximately $100 million. Apex Clean Energy, who develops, constructs, and operates utility-scale wind and solar power facilities across […]

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