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Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF

Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […]

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India’s ‘1st Electric Motorcyle’ KRATOS to be Unveiled by Jan End

Electric motorcycle maker Tork Motors is set to launch its much-awaited ‘made-in-India’ e-bike T6X, now renamed as KRATOS, by this month-end, which will be the first vertically integrated electric vehicle (EV) in the country, according to a statement. The company also said it is expected to commence deliveries of the e-bike within a couple of […]

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CESL Distributes 50 Lakh LED Bulbs to Illuminate Indian Villages

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has distributed 50 lakh LED bulbs under Project Crore of their Gram Ujala programme, a press release said. The Gram Ujala scheme is being implemented in rural households in Bihar, Uttar Pradesh, Andhra Pradesh, Karnataka, and Telangana. Led by Union Power […]

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Japan selects Mitsubishi Corp-led consortiums for 3 offshore wind projects

Japan’s industry and land ministries have selected three consortiums, all led by Mitsubishi Corp, as the operators for three offshore wind power projects in Akita, northern Japan, and Chiba, near Tokyo, they said on Friday. The announcement is the second set of results of government auctions for offshore blocks under a new law to promote […]

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EESL Aims to Install 1.6 crore Smart LED Streetlights in India by 2024

Energy Efficiency Services Limited (EESL), a JV under the Ministry of Power, plans to install 1.6 crore of smart LED streetlights across the nation by 2024. EESL’s Streetlight National Programme (SLNP) was primarily launched in municipalities/ Urban Local Bodies (ULBs) of the country with an objective to replace conventional street lights with LED lights. Since […]

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NTPC Receives Acknowledgement from UN for its commitment towards clean Energy

NTPC Ltd, India’s largest integrated energy company received a letter of appreciation from Ms. Damilola Ogunbiyi, Special Representative of the Secretary-General for Sustainable Energy for All and UN-Energy Co-Chair, for its efforts and commitments towards the process of Energy Compact. In the letter UN-Energy has acknowledged the commitment of NTPC towards clean energy and welcomed […]

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Global Installed Wind Power Capacity to Grow at 9% Annually till 2030

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […]

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