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Electric Vehicle Sales Set to Jump 80% in 2021: Report at COP26

Passenger electric vehicle sales are set to jump over 80 per cent in 2021 to 5.6 million units, off the back of unprecedented industry and government commitments around the world over the last two years, according to the Zero-Emission Vehicles Factbook, a special report published on Wednesday by BloombergNEF (BNEF), at the request of the […]

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Australia Plans $740 M Fund to Develop Low-emissions Tech

Australia will establish a A$1 billion ($740 million) fund to invest in companies that develop low-emissions technology, the country’s Prime Minister, Scott Morrison, said on Wednesday, as Canberra seeks to cut carbon emissions to net zero by 2050. Under the plan, the federal government in Australia will commit A$500 million to the fund, matched by […]

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Chile to Double its Energy Storage Capacity Together with AES

In line with the objective of achieving carbon neutrality, Chile and AES have joined forces to accelerate the country’s energy transition by increasing their battery-based energy storage capacity, Santiago-based AES Andes announced recently. Within the framework of the company’s participation in the 2021 United Nations Climate Change Conference – known as COP26 – which takes […]

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Modi’s Enhanced Renewable Targets A Credit To Minister R.K. Singh

When Prime Minister Narendra Modi committed 500 GW of fresh renewable capacity for India by 2030 at COP26, it was not just a commitment for India contributing its mite to the climate change effort. It was also an acknowledgement of the progress the country has made in reaching its 100 GW renewables milestone, and the […]

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Global Alliance Launches at COP26 to Boost RE in Developing Economies

The new Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies worldwide. Over the next decade, the Alliance aims to unlock USD100 billion in public and private capital and tackle three problems: (1) POWER […]

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Microinverter-maker Enphase Energy Earns $351.5 M Revenue in Q3FY21

California-based supplier of microinverter-based solar and battery systems Enphase Energy has released its financial results for the third quarter of 2021, reporting quarterly revenue of $351.5 million, along with 40.8% for non-GAAP gross margin. The company shipped approximately 2,599,575 microinverters, or 913 megawatts DC, and 65 megawatt hours of Enphase Storage systems during this period. […]

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Jack-up Vessel Drops Turbine Parts into Sea at Vattenfall’s Wind Farm

MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled maintenance at Swedish energy company Vattenfall’s Ormonde wind farm in the Irish Sea, off the UK. A crewmember caught the incident on video and it has been widely shared on […]

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IRENA, Climate Investment Funds Partner to Advance Energy Transition

The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […]

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Chief Executive Officer

Applications are invited from eligible Indian nationals for appointment to the post of Chief Executive Officer of EESL to be posted at the Corporate Office of EESL presently in New Delhi. Company Profile: – EESL is a Joint Venture Company of NTPC Ltd., Power Grid Corporation of India Ltd, Power Finance Corporation Ltd. and Rural […]

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