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renewable energy power

India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US

A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […]

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Renewable Energy Jobs Reach 12 Million Globally: IRENA

Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019, according to the eighth edition of Renewable Energy and Jobs: Annual Review 2021. The report was released by the International Renewable Energy Agency (IRENA) in collaboration with the International Labour Organization (ILO) at a high-level opening of IRENA’s Collaborative Framework […]

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GoodWe Commits To Energy Storage Solutions

At this year’s Bloomberg New Energy Finance (BNEF) Summit, GoodWe’s campaign will focus on practical solutions on how the energy needs of the future can be met in order to realize the net-zero goals set by companies, cities, and countries worldwide. GoodWe has made it its goal to develop energy storage solutions that will enable […]

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JPMorgan-advised Fund Secures Controlling Stake in Falck Renewables

Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over the last century before switching to renewables in the late 1990s, are selling […]

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EY Study Shows Rise of ‘Omnisumer’: Customers of New Energy Solutions

A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations, and the results present […]

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NITI Aayog, ISRO Partner To Give Geospatial Energy Map of India

NITI Aayog, in collaboration with Indian Space Research Organisation (ISRO), has developed a comprehensive Geographic Information System (GIS) Energy Map of India with the support of Energy Ministries of Government of India. The map was recently launched by Dr Rajiv Kumar (Vice Chairman, NITI Aayog), Dr V K Saraswat (Member, NITI Aayog), and Mr. Amitabh […]

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Storage Major Fluence Energy Targets $744 Million IPO

Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […]

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B.Tech In Energy Engineering At IIT Delhi To Start From Coming Session

The Indian Institute of Technology (IIT) Delhi has  announced a new undergraduate course– B.Tech. in Energy Engineering, that will be offered by the institute’s department of energy science and engineering (DESE). The move comes even as the opportunities, and requirements for skilled energy professionals skyrockets, with the country in the midst of a massive energy […]

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Sterlite Power Wins Nangalbibra-Bongaigaon ISTS power transmission bid In North-East

Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra─Bongaigaon inter-state power transmission project worth INR 324 Cr through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder. The project elements consist of a new 220/132 kV substation at Nangalbibra and laying of ~130 km […]

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