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Both Growth and Evolution Hand in Hand in Lithium Storage

A report by energy analyst firm Wood Mackenzie’s has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main […]

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Amplus Achieves First Successful Solar Trade on GTAM

On August 20th, three days after the launch of India’s first ever Green Term-Ahead Market (GTAM) at the Indian Energy Exchange (IEX), Amplus Solar sold solar electricity on the exchange, becoming the first solar generator to trade on GTAM.  IEX had launched the GTAM on its power trading platform after receiving approval from the CERC […]

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Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million

USAID has awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Tetra Tech has announced that the US Agency for International Development (USAID) awarded the Company a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy […]

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RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion

RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […]

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New EV Milestone for Tata Motors as it Rolls out its 1000th Nexon EV

Tata Motors has announced a significant milestone in the EV domain by rolling out the 1000th Nexon EV from its plant in Pune. Tata Motors has announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just […]

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Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac

Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […]

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Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore

Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […]

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As BIPV Systems Boom Worldwide, Familiar Challenges in India

At the much more low key SNEC Shanghai 2020 this year, a light global presence has not deterred China based majors from rolling out their best offerings. Among others, it was interesting to see firms offer up BIPV (Building Integrated Photo Voltaic) options, in anticipation of an expected boom in this segment. In China for […]

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Technology to generate solar energy continues to evolve and its global reach does not stop

Innovation in photovoltaic equipment technology continues to grow and its rate of expansion has not stopped despite the strong pandemic. On August 8th, 9th and 10th, the largest Solar Fair in the world SNEC 2020 was held in Shanghai, China. During the event, the latest innovations in equipment for photovoltaic systems were presented and conferences […]

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