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The Case for Mini Grids Stronger Than Ever, Says Global Report

A new report launched yesterday (July 1), State of The Global Mini-Grids Market Report 2020 has delved deeply into the present, potential, and obstacles to further growth of mini-grids around the world. For its research and conclusions, the report focused on mini-grids in Sub-Saharan Africa, Asia, and small island nations. Created for the Mini Grids […]

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Boost in Clean Energy Innovation Needed for Net-Zero Objectives: IEA

Without a major push in clean energy innovation, countries and companies around the world will be unable to meet their net-zero targets, a new report by IEA has detailed. Without a major push in clean energy innovation, countries and companies around the world will be unable to fulfil their pledges to bring their carbon emissions […]

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UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth

The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […]

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Average Power Price in RTM Lowers to Rs 2.22 per Unit in June

The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […]

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Yulu Secures Rs 30 Crore Funding Led by VC Firm Rocketship

EV micro-mobility service provider Yulu has secured a fresh infusion of Rs 30 crores in equity funding led by US-based Rocketship and existing investors. Electric micro-mobility service provider Yulu recently announced that it has secured a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment received during the COVID-19 crisis, […]

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Vestas Secures 84 MW Order to Supply Wind Turbines in Vietnam

In a series of order win, Danish wind turbine maker Vestas has won 84 MW order for the supply, transportation, installation and commissioning of an aggregate of twenty V150-4.2 MW wind turbines for a wind project in Vietnam. The wind major also provides tailor-made solutions as per the specific requirements, after working closely with the customer […]

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EMT and Iberdrola’s i-DE Agree to Electrify Madrid’s Urban Bus Network

EMT and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in Madrid. The Madrid Municipal Transport Company (EMT) and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in the city of Madrid, with the aim of consolidating […]

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Sensor Market Growth to be Dictated by Increase in EV Demand: Report

Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV), according to a new report by Strategy Analytics. Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV). The new Powertrain Body Chassis and Safety (PBCS) service report by Strategy Analytics, forecasts that […]

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Discoms’ Dues to Gencos Expands to Rs 1.23 Lakh Crore

Gencos total outstanding dues owed by Discoms rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year. Power generators (Gencos) total outstanding dues owed by distribution companies (Discoms) rose nearly 63 percent to Rs 1.23 lakh crore in April 2020 over the same month previous year, reflecting stress in the sector. […]

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