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ICRA Predicts 120-125 GW RE Capacity in India by December 2022

ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […]

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The Solar Foundation: Solar Structures Need Attention

As India’s solar march has gone on, from 2 GW to a possible 42 GW by the end of this year, it’s interesting to see just what got the headlines within the sector. It has undoubtedly been modules, cells and inverters, in that order. What has been missed out is in fact, as important. Yes, […]

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Latest Offshore Wind Farms in the UK Could Reduce Household Energy Bills: Analysis

The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. This is the conclusion of an analysis by an international team led by Imperial College London researchers. The analysis published in the Journal Nature Energy highlights that the most recently approved offshore […]

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BMW Announces new Strategic Direction; 7 Mn EVs on the Road by 2030

The BMW Group is making sustainability and resource efficiency central to its strategic direction and plans have 7 million EVs on the road by 2030 The BMW Group has announced that it is making sustainability and resource efficiency central to its strategic direction. Chairman of the Board of Management Oliver Zipse recently announced initial details […]

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Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative

Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […]

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Britishvolt and Welsh Govt Sign MoU for 30 GWh Battery Manufacturing Plant

Manufacturer Britishvolt has signed an MOU with the Welsh Government to develop a commercially viable 30 GWh battery manufacturing plant in South Wales. Manufacturer Britishvolt has announced that it has signed a memorandum of understanding (MOU) with the Welsh Government as both parties work together on plans to develop a commercially viable 30 GWh battery […]

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TN Gets Fresh Influx of Investments in Areas Including Solar Manufacturing

Tamil Nadu has signed eight new MoUs that bring with them investments worth Rs 10,399 crore in areas including solar cells and modules manufacturing. The state government of Tamil Nadu, on July 20, 2020, has announced the signing of eight new Memorandum of Understandings (MoU) that bring with them investments worth Rs 10,399 crore in […]

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Report Forecasts 70 GW of Floating Wind Capacity by 2040

The Carbon Trust has released the latest summary findings from the Floating Wind JIP, forecasting 70 GW of floating wind capacity by 2040. The Carbon Trust has released the latest summary findings from the Floating Wind Joint Industry Project (JIP). The Floating Wind Joint Industry Project – Phase II summary report, outlines floating wind technology challenges prioritised […]

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COVID-19 Flattens Q1 Wind Additions in Key Markets: Report

In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly […]

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