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Verdant Microgrid Locks $150 Million Agreement with ClearGen and Blackstone

Verdant Microgrid, LLC, a leading clean energy development company, announces the completion of a USD 150 million exclusive financing agreement for the development of microgrid projects with ClearGen, LLC, a Blackstone Credit portfolio company. ClearGen, in partnership with Blackstone, works with partners to deliver efficient and reliable energy infrastructure to consumers. Verdant develops, designs, builds, […]

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Researchers in China Develop a PV-driven AC Using Ice Thermal Storage

Scientists in China from the Yunnan Normal University and the Jiaxing University have built a PV-powered air conditioner that uses ice thermal storage rather than batteries to store power. The design of the air conditioner, directly driven by distributed solar PV, was studied, and an MPPT controller was designed to effectively utilize solar energy. A variable speed […]

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Triton EV Signs MoU for 2,100 Crores Investment in Telangana

Triton Electric Vehicle, LLC, the US-based electric vehicle (EV) subsidiary of a leading solar panel and battery engineering firm, Triton Solar, has announced signing a Memorandum of Understanding (MoU) with the state of Telangana to set up its manufacturing plant with an investment of Rs. 2,100 Crores. The EV major has announced that it will […]

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Magenta to deploy EVs for govt use in Telangana for Go Electric Campaign

Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has signed an agreement with Navi Mumbai-based electric vehicle solutions company Magenta, under which TSREDCO will coordinate the transition of government officer transport from ICE (Internal combustion Engines) vehicles to EVs across the state departments of Telangana. TSREDCO is the nodal agency for the state of Telangana […]

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“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi

The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […]

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San Diego Intl. Airport to get 100% RE from San Diego Community Power

San Diego International Airport (SAN) has decided to opt for the Power100 service offered by San Diego Community Power (SDCP), a not-for-profit community choice aggregation program, as a result of which SDCP will provide 100% renewable and carbon-free energy to SAN. The airport served 25 million passengers in 2019, making it the busiest single-runway commercial […]

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Hitachi ABB & BW Ideol to Take Offshore Wind Power to Next Level

Switzerland-headquartered technology company Hitachi ABB Power Grids announced today that it has signed a memorandum of understanding with BW Ideol, a pioneer in floating offshore wind, to accelerate delivering a market-ready floating substation offering and solution to global customers. Floating offshore wind is considered to be the next big frontier in offshore wind power. By […]

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Renewable Thermal Collaborative Wins Climate Award Worth $10 Million

Lever for Change announced yesterday the Renewable Thermal Collaborative (RTC) as the recipient of the $10 million 2030 Climate Challenge, an award sponsored by an anonymous donor to reduce greenhouse gas emissions in the U.S. Created and jointly managed by the Center for Climate and Energy Solutions (C2ES), David Gardiner and Associates (DGA), and World […]

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Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA

The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […]

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