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Clean Energy Investments Driving Global Job Creation, Finds Study

Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have become a powerful economic driver globally. The global investment in […]

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Will CATL’s Zero Degradation Battery Deliver On Its Promises?

Contemporary Amperex Technology Co., Limited (CATL), the world’s largest Li-ion battery manufacturer announced the launch of TENER last month in Beijing, China. The all-new TENER is dubbed as the world’s first mass-producible energy storage system with zero degradation. In addition, the storage system will also come with a considerable increase in capacity of energy storage. […]

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Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report

The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […]

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EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER

EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […]

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Growatt Puts Spotlight On Solar Plus Energy Storage For Myanmar

Leading inverter maker Growatt hosted an event in Myanmar recently centered on solar energy storage. With a comprehensive showcase of Growatt’s latest advancements across residential and commercial sectors , Growatt emphasized its tailored solar solutions for Myanmar. However, with abundant solar resources, Myanmar has been actively embracing solar energy solutions to tackle the challenges and […]

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News In Brief- Shree Cement, Godawari Motors, Azerbaijan Solar Auction, US New Transmission Rule

Shree Cement joins RE100 With Commitment to transition To 100% Renewable Electricity by 2050 Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable […]

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Honda Plans To Establish Electric Vehicle Value Chain In Ontario, Canada

Honda has announced its plans to establish an electric vehicle value chain in Ontario, Canada. The company announced its plans to build an EV value chain in Canada with an approximate investment of CAD$15 billion (USD$11 billion). It included an investment with joint venture partners, to strengthen its EV supply system and capability to prepare […]

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MG Motors Establishes 500 EV Chargers In 500 Days In India

MG Motors in India has announced that it has set up 500 chargers in 500 days as part of its MG Charge initiative in India. Gaurav Gupta, Chief Growth Officer, MG Motor India said, “MG aspires to do more than provide cutting-edge electric vehicles. This landmark of installing 500 chargers in as many days underscores […]

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China RE Installations To Grow 5 Times By 2050 With 5 TW Solar Capacity, Finds Study

A recent report by Norwegian analyst DNV has shown that China will have more than quintuple renewable energy installations by 2050. Energy Transition Outlook China 2024 (ETO) report states that in the coming years, the Chinese energy mix will shift rapidly from one dominated by fossil fuels to one where renewable power plays a key […]

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