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EnBW Launches Green Bonds Worth €1 bn to Fund Clean Energy Projects

EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion Energie Baden-Württemberg AG (EnBW), a publicly-traded electric utility company headquartered in Karlsruhe, Germany, has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion. Making […]

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Energy Storage to Grow 122-Fold Over Next 2 Decades: Report

Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […]

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Will Enthusiasm for E-Buses Keep up With Announcements in India?

In the past few months, state and city authorities across India have been announcing plans to induct electric buses. Till last count, the number had reached close to 8500 buses. Is this for real? Kerala, a state not exactly known for its manufacturing prowess, has a stated goal to ‘manufacture’ 3000 electric buses under the […]

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Industry Making a Mistake by Staying Quiet on the Andhra Skirmish

Even as the Andhra Pradesh government’s move to ‘renegotiate’ PPA’s continues to cause consternation, industry, and not just the renewables sector at that, seems intent on missing an opportunity to show some spine and establish some respect for the law they live by. By now, no one in the renewables sector is unfamiliar with the […]

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5,645 Electric Buses Sanctioned for 65 Cities: Amitabh Kant

Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities Niti Aayog CEO Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities, a move seen towards environment-friendly mobility. Last week, the GST Council headed by finance minister Nirmala Sitharaman decided to cut the tax rates […]

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India has a Game Plan for Electric Vehicles: Amitabh Kant

India has put in place a game plan for electric vehicles and its components to ensure clean cities, reduce imports and utilise solar power, NITI Aayog CEO Amitabh Kant said. India has put in place a game plan for electric vehicles (EV) and its components like batteries to ensure clean cities, reduce imports and utilise […]

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China’s CATL Joins Next Energy for Battery Storage Business in Japan

CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […]

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8 Key Points From KUSUM Scheme Implementation Guidelines

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023

A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […]

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