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2021 Best Year Ever With 21.1 GW Expansion For Offshore Wind, Says GWEC

The latest Global Offshore Wind Report by the Global Wind Energy Council (GWEC) asserts that the offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid. The launch of the report would also coincide with the United Nations Ocean Conference in Lisbon. The report stated that […]

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Urban Mining Startup Metastable Materials Raises Pre-Seed Funding

In its maiden fundraising round, Bengaluru-based urban mining startup Metastable Materials has raised an undisclosed amount of pre-seed funding from a clutch of angel investors and venture capital firms. The pre-seed round was led by Akshay Singhal and Kartik Hajela, Co-Founders of Log9 Materials – an advanced EV battery-technology and battery manufacturing company. Archana Priyadarshini, […]

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Saera Electric Auto Starts Production At Bawal Plant In Haryana

A leading player in the electric vehicle segment in India, Saera Electric Auto Pvt Ltd (SEAPL) has commenced the production at its Bawal plant in Haryana, which it acquired from American cult bike maker Harley Davidson. The firm, which first introduced e-rickshaw under the Mayuri brand, is producing e-rickshaws and e-carts at the plant spread […]

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India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA

A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […]

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Sluggish Offshore Wind Digitalization will Stunt Industry’s Growth

Owners and operators of offshore wind projects need to rapidly accelerate their adoption of digitalization in a bid to head off the impact of soaring costs and supply chain challenges to retain the industry’s growth. ONYX Insight, a leading provider of data analytics and engineering expertise in the global wind industry has maintained. Despite the […]

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South East Asia Solar Exports To US Might Get A Two Year Free Pass

In a possible move to keep up the momentum of Solar capacity build out in the US, President Joe Biden is likely to use his executive authority vested in the Presidency to allow for a two year waiver for imports from South East Asia. This follows the exemptions given to Bifacial module imports earlier, which […]

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EV Sales Touch New World Record But Raw Materials Could Be Spoiler

The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […]

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UN Secy Gen Calls Renewable Energy A Lifeline To World

UN Secretary-General António Guterres raised an alarm on May 18 that while time is running out to prevent the worst impacts of the climate crisis, there is a ‘lifeline’ of renewable energy right in front of us. A video message by UN Secretary General said, “We must end fossil fuel pollution and accelerate the renewable […]

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ReMo Energy Launches Green Nitrogen Fertilizer Made Using Renewable Energy

ReMo Energy has announced the launch of its first commercial product, a nitrogen fertilizer that addresses the combined challenges of high fertilizer costs and climate change. ReMo Energy has been founded to make fossil-based chemicals from renewable energy. Solar and wind resources are the lowest marginal cost sources of electricity in most of the world […]

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