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Global Renewable Capacity Addition in numbers For 2021 from IRENA

“At the end of 2021, global renewable generation capacity amounted to 3064 GW. Hydropower accounted for the largest share of the global total, with a capacity of 1230 GW,” finds a new report by the International Renewable Energy Agency (IRENA). Solar and wind energy accounted for equal shares of the remainder, with capacities of 849 […]

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IESA supports UN’s low carbon tech innovation challenge’22

The United Nations Industrial Development Organization (UNIDO) Regional Office in New Delhi has announced the launch of 5th Innovation Challenge on Innovative Low Carbon Technologies. Applications will be accepted until 31st May 2022. The Innovation Challenge is conducted under the Facility for Low Carbon Technology Deployment (FLCTD; https://www.low-carbon-innovation.org/), which is jointly implemented by UNIDO and […]

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E-mobility in Visakhapatnam, Tirupati gets BEE push

The Union power ministry-led Bureau of Energy Efficiency has given its consent to the Andhra Pradesh energy department to retrofit existing engines of 200 auto rickshaws in Tirupati and 100 in Visakhapatnam with electric kits and swappable batteries. As a pilot project, three internal combustion engine autos were converted to electric in Tirupati and have […]

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Fire incidents Compel Ola and Pure EV to recall thousands of e-scooters

The fire incidents in electric vehicles across the country is pushing the electric vehicle manufacturers to recall their EVs as their goodwill stares at a decline. The central government has also formed a panel to examine if the OEMs were negligent in manufacturing the electric vehicles. Now Pure EV and Ola Electric have recalled thousands […]

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Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […]

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Eolian Gets $925 Million Renewable Energy Financing

Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […]

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GE unveils turbine tower 3D printing facility in New York

Paris-based GE Renewable Energy has inaugurated a new research and development facility that will conduct research on how to 3D print the concrete base of towers used in wind turbines. The research will enable GE to 3D print the bottom portion of the wind turbine towers on-site at wind farms, lowering transportation costs and creating […]

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Atul Greentech Partners with Honda and Valeo to Make Electric Vehicles

Gujarat based Indian electric vehicle player Atul Greentech Private Limited (AGPL) has announced that the company has collaborated with Honda Power Pack Energy India Private Limited and Valeo to develop electric vehicles in India that will feature battery swapping solutions. Atul Greentech is a subsidiary of Atul Auto Limited, which has specialised in three wheeler […]

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Mercedes Benz electric EQS SUV offers 660 km range

Leading luxury car provider, Mercedes-Benz has unveiled its new electric sport utility vehicle – EQS electric SUV. The new electric vehicle model is now the flagship model in the global portfolio of Mercedes-Benz. The German automaker is claimed to offer a range of 536– 660 km on a single charge. Mercedes-Benz says that the EQS […]

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