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Servotech, 2Power to Invest €10 M to Introduce PVT Tech in India

Indian manufacturer of LED Lights and solar products Servotech Power Systems Ltd. has announced its collaboration with German solar module company 2Power Gmbh to bring PVT Technology 2Power WP+ system in India. Through this PVT technology, now solar modules will produce electricity, heat and cooling through the adsorption process. Through this collaboration, Servotech, which recently […]

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Jharkhand Misses Alt Energy Target, Govt Data Shows

Jharkhand has been a habitual defaulter in meeting the renewable energy purchase obligation (RPO) as mandated by the Centre for achieving the ambitious dream of 175GW power through renewable sources by 2022. RPO is a mechanism by which the obligated entities which includes discoms, open access consumers and captive power producers, are obliged to purchase […]

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Poor Policy Choices Bring Pakistan To The Brink In Gas Price Surge

For Pakistan, the inexorable rise in global LNG spot prices is turning into a never ending nightmare. Thanks to a high dependence on spot gas purchases, the South Asian country of almost 220 million people is headed for a cold winter with possibly some of the poorest preparations in a decade. Even as the government […]

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Why Prices Skyrocketed at the Power Exchange: IEEFA

With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and dropped markedly as the […]

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Canadian PE Fund Brookfield Offers $9.6 B to Take Over AusNet

Update: ASX-listed energy infrastructure firm APA Group has launched a rival $10 billion takeover offer for the utility business Australian energy company AusNet Services has received a proposal, worth $9.6 billion, from the infrastructure affiliate of Brookfield Asset Management to acquire all of the issued shares in AusNet at an indicative price of $2.50 cash per […]

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Ecozen Makes it to Cleantech’s ’50 to Watch List’ for Climate Innovation

Ecozen Solutions, a Pune-based startup has been recognised by the Cleantech Group 50 to Watch List — the third annual list of top early-stage private companies, delivering innovative solutions on the climate crisis. The international body which is headquartered in San Francisco, Cleantech revealed the list yesterday, giving commendation for those entrepreneurs who have created […]

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UK to Hold 4th Renewable Auction Backed by $277 M

The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […]

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New-build Properties in UK to Feature EV Chargers

EV chargers will be built into all new homes and offices under new legislation that the British government aims to introduce this year. The legislation, revealed last week by the Transport Minister Rachel Maclean, will require all new-build properties to feature “smart” charging devices that can automatically charge vehicles during off-peak periods. New office blocks […]

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IREDA to Provide Advisory Services to TANGEDCO for RE Projects

The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO) for providing its technical expertise in developing renewable energy projects and fund raising. The MoU was signed by Mr. Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Mr. […]

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