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Sungrow Reports $1.26 Billion Revenue in H1 FY21

Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […]

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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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Battery Maker EnerVenue Raises $100 M in Series A Funding

US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […]

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Thailand’s Largest Floating PV Plant Supplied by Sungrow Comes Online

Sungrow, a leading inverter solution supplier for renewables, has supplied both PV inverter solutions and floating solutions to Thailand’s largest hydro-floating PV plant, fuelling the national transition to a lower carbon economy, said the company in a statement. The plant, occupying an area of 121 hectares, is located on the surface of a dam in […]

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Rivian Rolls Out World’s 1st Electric Pickup Truck for Customers

Based in California and backed by Amazon, EV startup Rivian has produced its first line of electric pickup trucks: R1T electric pickup. The firm is the first automaker to bring an electric pickup to the consumer market, beating Tesla, General Motors and others. The announcement was made by Rivian CEO RJ Scaringe in a tweet […]

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Why Australia is a Bigger Carbon Pariah Than We Think: IEEFA

In the following timely piece, Adrian Blundell-Wignall, guest contributor for Institute for Energy Economics and Financial Analysis (IEEFA), discusses the role played by Australia’s Scope III emissions in the world’s carbon footprint: The Glasgow summit on climate change is looming, and we continue to see Australia pretending to be a small emitter of carbon dioxide on […]

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Japan Partners with Australia on Green H2 Supply Chain

Four Japanese companies, Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power, and Marubeni Corporation, have signed a memorandum of understanding with two energy infrastructure companies headquartered in Australia, Stanwell Corporation Limited and APT Management Services Pty, to jointly implement a feasibility study of the Central Queensland Hydrogen Project (CQ- H2). This project will produce hydrogen […]

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International RECs: A reliable way to go 100% Renewable

Introduction: Sustainability Goals and Commitments The Race to Zero campaign was launched by the UNFCCC’s Climate Ambition Alliance with a goal of achieving net zero carbon emissions by 2050. As of February 2021, 1,397 businesses have pledged to join the Race to Zero campaign and achieve net zero carbon emissions by 2050. These include the […]

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Omega Seiki Orders Li-ion Batteries from US Firm C4V

New Delhi-based EV maker Omega Seiki Mobility has selected US technology provider C4V to source 1.16 gigawatt hours of next-generation high performance lithium-ion batteries from its cell manufacturing joint ventures to empower the future of e-mobility in India. C4V’s battery solutions is based on the technology that eliminates the need for cobalt and nickel, enabling a high performing, […]

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