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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020

ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […]

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Pandemic Wiped out 429,000 Clean Energy Jobs in USA in 2020: Report

Due to the hard-hitting impacts of the pandemic, the US clean energy industry finished 2020 with its fewest number of workers/ jobs since 2015. Due to the hard-hitting impacts of the COVID-19 pandemic, the clean energy industry finished 2020 with its fewest number of workers since 2015. It also marked the first year clean energy […]

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Hyundai Motor Company Reveals Glimpse of First Image of IONIQ 5

South Korea based automobiles provider Hyundai Motor Company has revealed the first images and videos of the highly anticipated IONIQ 5 midsize CUV, the first model in its IONIQ dedicated battery electric vehicle (BEV) lineup brand. IONIQ 5 will be the first EV coupled with Hyundai’s Electric-Global Modular Platform made exclusively for next-generation electric cars […]

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Sterlite Power Completes Merger of Subsidiary; Announces Annual Results

Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […]

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EESL to Establish Clean Energy & E-Mobility Projects for NHAI

EESL has signed an MoU with NHAI to establish various clean energy and energy efficiency interventions at NHAI structures across India. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with the National Highway Authority of India (NHAI), an Autonomous Body under the Ministry […]

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IREDA Signs MoU With NHPC for Developing Renewable Projects

IREDA has signed an MoU with NHPC for providing its technical expertise in developing renewable energy projects for the next 5 years IREDA signs a memorandum of understanding (MoU) with NHPC Ltd. for providing its technical expertise in developing renewable energy projects for the next 5 years pic.twitter.com/JLqf91hsR8 — Prasar Bharati News Services पी.बी.एन.एस. (@PBNS_India) […]

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Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology

QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […]

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