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renewables

India Signs LoI with Australia for Solar & Hydrogen JV

At the recently held virtual 4th India-Australia Energy Dialogue, the two countries signed a Letter of Intent (LoI) to jointly contribute to the advancement of new and renewable energy technology. The focus of this partnership is planned to be on scaling up manufacture and deployment of ultra low-cost solar and clean hydrogen. “This LoI will pave […]

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IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others

Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries.  According to the firm, growing demand […]

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APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs

In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […]

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‘Rebirth of France’s Nuclear Industry’ Key for Net Zero by 2050, Says Prez

French President Emmanuel Macron has presented his country’s goal of achieving CO2-free energy by 2050, starting with using more nuclear and renewable energy. Speaking in Belfort, north-eastern France, Macron outlined measures including the construction of solar parks, underwater wind farms, and six European pressurized nuclear reactors (EPR2s), reports Xinhua news agency. An additional eight EPR2 […]

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Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen

Corporate contracted capacity in Europe hit 6.5GW in 2021, versus  4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022.  The resurgence of corporate PPA’s, at a time when […]

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Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

Madrid-based clean power platform Matrix Renewables has entered into a partnership with Spanish renewable energy company Energia Aliaval to co-develop at least 300MW of Italian solar farms in Italy. The development of new Italian solar farms partnership further builds on the company’s presence in Italy, said Matrix. With this project, Matrix Renewables reach close to […]

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Swiss Sustainability Fund Guides Hydropower Developers Towards Sustainability

Hydropower project developers and operators can now apply for funding from a ‘sustainability fund’ for independent assessment of their project’s sustainability performance. The sustainability fund is patronized by the Swiss government. Apart from the sovereign’s backing, the fund has the support of a few other eminent institutes – the International Hydropower Association (IHA) and the […]

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China to Focus on Gobi Desert for New Solar, Wind Power Bases

China’s new renewable energy plans will focus on the Gobi and other desert regions, as it speeds up the construction of huge new wind and solar power bases and boosts its transmission capabilities, regulators said in a new policy document, according to recent media reports. To meet its climate targets, China – the world’s biggest […]

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