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Global Wind Energy Growth Must Triple by 2030 to Achieve Net-Zero: GWEC

2020 was the best year in history for global wind industry, but a new report warns that this growth is not enough to achieve net-zero by 2050 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 percent year-on-year increase – but a […]

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Rio Tinto Selects Heliogen’s Solar Tech to Provide Clean Energy to Boron Mine

International mining and metals company Rio Tinto and renewable energy technology company Heliogen today announced an agreement to explore the deployment of Heliogen’s breakthrough solar technology at Rio Tinto’s borates mine in Boron, California. Under a Memorandum of Understanding, Heliogen will deploy its proprietary, artificial intelligence (AI)-powered technology at the Boron operation, where it will […]

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Wind and Solar Can Improve Energy Security and Independence in Albania

IRENA’s renewables readiness assessment offers Albania recommendations to align energy policy with growth and climate agendas  A new report published today by the International Renewable Energy Agency (IRENA) shows that Albania could significantly improve its energy security and reduce energy system vulnerability to climate impacts by deploying its vast solar and wind resources. Full exploration of national […]

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Bharti Airtel Increases Stake in Avaada SPV for Captive Solar Project

Bharti Airtel has now acquired an additional 3.33% equity in the Avaada SPV – Avaada MHBuldhana for a reported Rs 2.914 crore. Bharti Airtel has announced that in furtherance to its acquisition of 5.2 percent equity shares in Avaada MHBuldhana Private Limited – a Special Purpose Vehicle (SPV) of the Avaada Group formed for the […]

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ABB Crosses 5 GW Milestone for Providing Solar Plant Automation Solutions in India

ABB has reached the cumulative 5GW mark in providing Programmable Logic Controller-based solar plant automation solutions in India. ABB has reached the cumulative 5-gigawatt (5GW) mark in providing Programmable Logic Controller based (PLC) solar plant automation solutions in India. The firm stated that this milestone is an outcome of many significant solar power projects that […]

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India Should Double Down on Renewable to Achieve Energy Targets 2030: Study

India should double down on renewables to achieve its aggressive renewable energy targets in India’s electricity grid in 2030, according to a recent study by the researchers at UC Santa Barbara.  The study analyzes electricity and carbon reduction costs linked with India’s energy targets in the electricity grid in 2030 and discovers that the majority […]

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DOE Awards EPRI $2 Million to Investigate Co-Adoption of Solar, Energy Storage & Electric Vehicles

The Electric Power Research Institute (EPRI) will receive a $2 million contract from the U.S. Energy Department (DOE) to explore how information about solar energy spreads among consumers. DOE’s Solar Energy Technologies Office (SETO) selected EPRI to examine how residential and commercial utility customers make decisions related to the co-adoption of solar power with other technologies, such as energy storage and […]

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BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra

The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […]

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