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Russian Yandex Signs 5-year Wind PPA with Finnish Ilmatar Energy

Yandex, a Russian internet company, has signed a 5-year power purchase agreement (PPA) for wind energy with Finnish renewable energy company Ilmatar Energy. Under the contract, Yandex will source renewable electricity from wind farms operated by Ilmatar to cover 100% of the energy needs for the company’s Mäntsälä data center in Finland. Delivery of renewable […]

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Wind-based Electrification Will Drive Europe to Net Zero: WindEurope

Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be […]

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Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital?

In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […]

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CESL & GEDA Partner to Electrify Remote Rural Households in Goa

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Goa Energy Development Agency (GEDA) for the installation of solar PV-based home lighting systems for remote households in the state, which do not have access to proper power supply till date. Under the Agreement, CESL […]

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Could Deep Shaft Mines Get a Second Life As Energy Storage Sources?

Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a […]

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4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme

RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […]

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EV Battery Startup Gegadyne Energy Welcomes $5 Mn Investment from V-Guard

EV battery provider Gegadyne Energy Labs has announced that it has received an investment of USD 5M from electric appliance maker, V-Guard. Mumbai based, quick electric vehicle (EVs) battery provider Gegadyne Energy Labs Pvt Ltd announced receiving an investment of USD 5 million from electric appliance maker, V-Guard. The CEO and Founder of Gegadyne Jubin […]

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COVID-19 Slowed Down Energy Efficiency Progress in the US: Report

More US states adopted or advanced new energy-saving targets, but COVID-19 slowed other efficiency efforts, according to the ‘2020 State Energy Efficiency Scorecard’. More US states have adopted or advanced new energy-saving targets and vehicle and appliance rules, but COVID-19 slowed other efficiency efforts, according to the ‘2020 State Energy Efficiency Scorecard’. For the first […]

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MNRE Seeks Comments on Draft Tender for Component-B of KUSUM Scheme

MNRE has requested comments on the draft tender prepared by EESL for the installation of standalone solar pumps under component-B of KUSUM. The Ministry of New and Renewable Energy (MNRE) is implementing the PM-Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM) scheme under which standalone solar pumps are being installed with government financial support. During FY […]

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