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Triton EV Signs MoU for 2,100 Crores Investment in Telangana

Triton Electric Vehicle, LLC, the US-based electric vehicle (EV) subsidiary of a leading solar panel and battery engineering firm, Triton Solar, has announced signing a Memorandum of Understanding (MoU) with the state of Telangana to set up its manufacturing plant with an investment of Rs. 2,100 Crores. The EV major has announced that it will […]

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“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi

The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […]

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Renewable Thermal Collaborative Wins Climate Award Worth $10 Million

Lever for Change announced yesterday the Renewable Thermal Collaborative (RTC) as the recipient of the $10 million 2030 Climate Challenge, an award sponsored by an anonymous donor to reduce greenhouse gas emissions in the U.S. Created and jointly managed by the Center for Climate and Energy Solutions (C2ES), David Gardiner and Associates (DGA), and World […]

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Sri Lanka To Purchase 75% Equipment from India For India-funded Projects

Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […]

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2-Day Virtual Summit on Green H2 among BRICS Nations Starts Tomorrow

Starting tomorrow, India is organising a two-day virtual summit (June 22, 2021 to June 23, 2021) on green hydrogen initiatives  involving the BRICS (Brazil, Russia, India, China, and South Africa) nations. The event will be anchored by India’s largest power producer and one of the global energy majors, NTPC Ltd., a CPSU under Ministry of […]

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Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac

Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […]

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NCRTC Partners with SECI to Use Renewable Energy in Delhi-Meerut Corridor

In an effort to promote India’s sustainability development goals (SDGs), thus encouraging the use of renewable energy in the transportation sector the National Capital Region Transport Corporation (NCRTC) and Solar Energy Corporation of India (SECI) have signed a Memorandum of Undertaking (MoU) to harness blended renewable energy for Delhi-Meerut RRTS (Regional rapid transit system) corridor.  […]

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A Renewable PPA Pricing Tool From Pexapark

Zurich-based renewable energy company Pexapark has announced that it is launching a pioneering feature that accounts for a site and technology-specific production to its renewable energy PPA (power purchase agreement) pricing system named ‘PexaQuote’. The firm claims that PexaQuote currently supports developers and investors operating over 250GW of global renewable energy investments as the industry […]

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Vestas Wins 108 MW Wind Turbine Projects in Poland

Danish wind turbine manufacturer Vestas Wind Systems A/S has secured orders for manufacturing wind turbines from global independent fund manager DIF Capital Partners for four projects in Poland, all awarded in Poland’s second auction round from 2019, cumulatively totalling 108 MW in capacity. The four projects are Pruszcz (70 MW), Markowice (26 MW), Piaski (8 MW) and […]

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