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CEC Unveils Roadmap for 100% Renewable Grid by 2030 in Australia

As the citizens of Australia turn their attention towards the upcoming Federal Election, the Clean Energy Council (CEC) has launched its Roadmap for a Renewable Energy Future: Federal Election Policy Recommendations, which urges Australia’s political leaders to commit to meeting the country’s domestic electricity demand with clean energy by 2030. “Now is the time to […]

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IREDA to Provide Consultancy to Goa Shipyard for Solar Rooftop Project

State-owned Indian Renewable Energy Development Agency (IREDA) on Saturday inked a memorandum of understanding with Goa Shipyard to provide its techno-financial expertise to set up a rooftop solar power project. Under the MoU, IREDA will assist Goa Shipyard Ltd (GSL) to set up a rooftop solar power project at the headquarters of the company in […]

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In Australia, NSW’s Second REZ Targets $10 Billion Investments

New South Wales (NSW), which also houses state capital and Australia’s largest city Sydney, has just declared its second Renewable Energy Zone (REZ), as part of its long term strategy to replace its fossil fuel driven electricity sector with renewable energy. The latest zone is the New England REZ, based around Armidale in the state’s […]

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SECI Gets Rs 1000 Cr Infusion To Expand Investments

The Solar Energy Corporation of India (SECI) has received an infusion of Rs 1000 crores from the Government of India to strengthen its balance sheet and undertake further investments in the renewable sector. As the key nodal agency for the sector, SECI plays an instrumental role in the tendering and award of renewable contracts across […]

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Sungrow Tops ESG Rankings in China

Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […]

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After Record 2021, Rooftop Solar Likely To Face Headwinds In Australia

Solar power in Australia is a fast growing industry. As of September 2021, the country had an installed photovoltaic capacity of 23,466 MW, of which at least 4,117 MW had been installed in the preceding 12 months. Notably, the installed PV capacity in Australia increased tenfold between 2009 and 2011 and quadrupled between 2011 and 2016. […]

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Power Min Simplifies Rooftop Solar Scheme to Enhance Consumer Access

Union Power Minister R K Singh has reviewed the progress of the ‘Grid-connected Rooftop Solar Programme’ and given directions for its simplification to enhance consumers’ accessibility to it, the Ministry of New and Renewable Energy (MNRE) said in a recent press release. Following the review done on January 19, 2022, the Minister has directed that henceforth, it […]

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LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact

The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […]

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100MW Offshore Wind Plant Launched in Vietnam Amid RE Push

Vietnam ‘s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million as $1 = 22,710 dong) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of […]

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