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Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association

According to a report from the American Clean Power Association (ACPA),  a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […]

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The Top 5: Most Attractive Countries for Renewable Energy Investment

The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […]

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Iberdrola Secures €550 Million Loan For Renewable Projects In Spain

Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […]

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Samsung SDI Pumps In $1.3 Billion For Cylindrical Battery Facility In Malaysia

Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. […]

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UK Approves 8 GW Offshore Wind Energy Projects Development

In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […]

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CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport

State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […]

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Rolls-Royce Sets Foot Into Hydrogen Electrolyser Business

Rolls Royce has announced its entry into hydrogen production as it is acquiring a 54 per cent stake in Hoeller Electrolyzeris, an electrolysis stack specialist. Rolls Royce will boasts of innovative technology to form the basis of a new range of mtu electrolyzer products from its power systems division. Hoeller Electrolyzer in Wismar, Germany, is […]

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Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr

The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […]

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