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Enel Group Releases Financial Results; Q1 2021 Unprofitable

Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […]

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Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg

According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […]

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Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA

In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […]

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Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021

At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […]

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Engie to Develop 2 GW Renewable Energy in Chile by 2025

French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […]

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Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA

Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […]

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Renewables- The Success Story of the Covid-19 Era: IEA Report

A new report by the International Energy Agency (IEA) has found that the renewables sector has remained the success story of the Covid 19 era and is set to provide more than half of the increase in global electricity supply in 2021, of which China alone is likely to account for almost half of the […]

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New Consortium US-MAC aims to Raise CdTe PV Efficiency to 30%

A timely response to the global need for clean energy has come from universities and research centres like Colorado State University (CSU), the Wright Center for Photovoltaics at the University of Toledo, and the National Renewable Energy Laboratory (NREL), as well as US-based commercial solar companies working with Cadmium Telluride (CdTe) thin-film solar panel manufacturing, which […]

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Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC

The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […]

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