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renewable energy investment

Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit

Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […]

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Saudi Arabia Successfully Completes its First Electric Air Taxi Test Flight

NEOM, a region in northwest Saudi Arabia, and Volocopter, the German air mobility company, have announced the successful completion of a series of air taxi test flights. This marks the first time an eVTOL (electric vertical takeoff and landing) aircraft has received special flight authorization and performed test flights in the Kingdom of Saudi Arabia. […]

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Plan To Add More Floating Solar Projects: Simarpreet Singh, CEO, Hartek Solar

SaurEnergy: In the last 32 years, the Hartek group witnessed the virtual revolution of the solar sector. How has it changed your approach to the market and the growth? Singh: When we started the solar business, the situation differed from the current scenario. Many consumers were reluctant to go for solar rooftops; there was a shortage […]

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Vikram Solar’s $1.5 Billion US Manufacturing Bet

News about Kolkata-based Vikram Solar’s plans for a manufacturing push into the US might have surprised a lot of industry watchers, but it is really not as surprising as it seems. A new venture backed by one of India’s oldest solar panel manufacturers at a serious scale announced plans last week to invest up to […]

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Novelis Builds $2.4 Milion Solar Park, First From the Firm

Novelis Inc. recently revealed plans for the construction of its inaugural solar park at its production facility in Pieve Emanuele, Italy. Following the approval of local authorities, the expansive solar park spanning over 28,000 square meters will commence operation and begin generating electricity by the end of this year. Novelis Inc is a sustainable aluminium […]

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SafEarth Nets Rs 35 Million Funding From Anthill Ventures, Others

SafEarth, a technology platform for adoption of renewable energy in India has today announced the successful completion of its recent funding round of 35 Million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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Israel’s Big Move- Mandatory Rooftop Solar Panels

With a lot of sun-hours, yet too little space, Israel faces an obvious challenge to build large utility scale solar.  To support the growing population and at the same time meet its goal of using a 30 per cent renewable share in total electricity capacity by 2030, Israel will soon require all new non-residential buildings […]

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