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Biden Admin Awards $623 Million To Shore Up EV Charging Network In US

Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […]

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Bloomberg, Ørsted Announce 15-Year PPA For Renewable Energy

United States (US)-based clean energy developer Ørsted announced signing an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas.  This is Ørsted’s largest solar project in the US, as well as the company’s first project to incorporate conservation […]

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American Firm AES Completes Construction of 3.5 GW Of Renewables

America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. “In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a growth rate of nearly 100% over 2022. Including […]

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EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales

As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […]

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Exide Launches Battery Range To Cater To Demands Of Data Centers

Exide Technologies an energy storage solution provider for stationary applications announced launching its new ‘Sprinter Pure Power’ battery range. Developed specifically for use in data center UPSs, this latest generation of advanced AGM batteries also serves a wide variety of applications, the firm said. “As the world becomes increasingly digital, data centers must manage exponentially […]

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Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report

A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […]

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Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP

A slew of announcements was made by leaders around the world on the issue of boosting renewables on the sidelines of World Economic Forum, held in Davos, Switzerland recently.   At the World Economic Forum (WEF) some key beneficiaries included companies like JSW and Adani solar announced their investment plans. Adani signed an MoU with Telangana […]

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South Korean Hanwha Group Emphasizes On ‘Decarbonization Of Shipping’ At Davos

Vice Chairman of South Korea-based clean energy company Hanwha Group, Dong Kwan Kim, talked about the decarbonization of shipping and plans to build a zero-emission gas carrier at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Under this concept, the vessels will be run on alternative fuels which will happen for the first […]

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CIP, Ignitis Renewables Win Second Estonian Offshore Wind Tender

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million Having previously won the Liivi 2 site in Estonia’s first offshore […]

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