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Renewable Energy to Employ 42 Mn People by 2050, 26 Mn in Asia: IRENA

The number of people employed in renewable energy could reach 42 million globally by 2050, up from 12 million in 2017, according to a new recent report The number of people employed in renewable energy could reach 42 million globally by 2050, up from about 12 million in 2017, according to a recent report by the International Renewable Energy Agency (IRENA). […]

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The Perfect Storm 2020

Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […]

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EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs

Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […]

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Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti

Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […]

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EV Motors India and BYPL to set up EV Charging Stations in Delhi

EV Motors India has signed an agreement with BYPL to set up and operate EV charging stations at select locations under the jurisdiction of BYPL in Delhi Electric vehicle startup EV Motors India (EVM) has announced that it has signed an agreement with BSES Yamuna Power Ltd (BYPL) to set up and operate charging stations for electric vehicles […]

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AES Distributed Energy Secures $341 Million in Debt Financing

AES Distributed Energy has entered into a USD 341 million debt agreement which provides new capital for a portfolio of distributed generation projects AES Distributed Energy (AES DE), a subsidiary of the AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS), has announced […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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New Breakthrough Capacitor With Fast Charging and Longer Battery Life

A new bendable super capacitor made from graphene, which charges quickly & safely stores a record-high level of energy for use over a long period, has been developed A new bendable super capacitor made from graphene, which charges quickly and safely stores a record-high level of energy for use over a long period, has been […]

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Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share

Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […]

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