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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report

A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […]

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Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary

Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […]

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Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF

The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […]

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Viable Battery Costs Remain Critical to EV Penetration in India: Ind-Ra

Ind-Ra claims that battery remains the most critical component of an EV due to both cost viability (30-40 percent of EV cost) and technological expertise. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric […]

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NTPC Incorporates a Subsidiary for its Renewable Energy Business

NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […]

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Solis Conferred With Best Power Conversion System Supplier Award

Ginlong Technologies (Solis), a global leader in solar photovoltaic string inverter manufacturing, has won the ‘Best PCS Supplier Award’ in China’s energy storage industry 2020 at the 10th China International Energy Storage Conference in Shenzhen. “We are honoured to have won this award, which is the market’s recognition of Solis’ products,” said Sandy Woodward, Sales […]

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300MWh Projects Award to ENGIE Upheld by Guam’s Public Auditor

In a win for the clean energy goals of Guam, the Office of Public Accountability upheld the award of its Phase III Renewable Energy Project to ENGIE. In a win for Guam’s clean energy goals, the Office of Public Accountability (OPA) upheld the power utility’s award of its Phase III Renewable Energy Project to ENGIE. […]

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