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IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023

The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […]

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Himachal Pradesh CM Wants Quick Deployment of Solar Projects

As Himachal Pradesh looks to become the first green state of the country, Chief Minister Sukhvinder Singh Sukhu has announced that the solar power deployment presented in the State Budget will see the establishment of 2 MW of solar installations in two panchayats in all Assembly Constituencies of Himachal Pradesh. The CM said that the […]

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HP Sets Its Sights On Becoming A Green Energy State By March 2026

Himachal Pradesh has been consistently accelerating efforts towards upgrading the EV (electric vehicle) sector. In a fresh announcement that further gives direction to such efforts, Chief Minister Sukhvinder Singh Sukhu, in a meeting held in Dharamshala, has placed a premium on identifying sites to set up charging facilities. Green Corridors Highways: Parwanoo-Nalagarh-Una-Hamirpur-Sansarpur Terrace, Bilaspur-Hamirpur-Kangra, and […]

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ACWA to Invest $120 Million in Uzbekistan Renewables Afresh

Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […]

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MNRE to Launch New Scheme To Boost Distributed Solar Energy: RK Singh

In his latest speech, Union Minister for New and Renewable Energy RK Singh announced starting a new scheme to boost distributed renewable energy (DRE). He announced this during an event on DRE organised by the Council on Energy, Environment and Water (CEEW) and Villgro Innovations Foundation’s Powering Livelihoods. “We are developing a new DRE policy […]

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Boralex To Deliver 380 MW Energy Storage To Canadian Operator

Boralex has its two storage projects, totaling 380 MW of nameplate capacity, selected by the Ontario Independent Electricity System Operator (IESO) as part of its Expedited Long-Term Request for Proposals. Boralex and its partners are currently finalizing the terms of the contract with the IESO. Boralex is the leading awardee as its two projects represent […]

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Axpo to Deliver 25 MW Lithium Battery Storage Project in Sweden

Renewable energy developer Axpo will develop one of Sweden’s largest battery storage facilities. Acquired from project developer SENS (Sustainable Energy Solutions Sweden), the 25 MW battery storage facility in Filipstad is designed to provide ancillary services to help balance the electricity grid. Its construction is expected to start in early 2024. Axpo will develop a […]

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Octopus Energy Makes Inroads Further into French Market with Three New Wind Farms

British renewable energy firm Octopus Energy’s generation arm has made investments in three new wind farms in France. The said onshore wind farms, namely Croix Erable, Bertaut, and Le Langrois, boast of a cumulative capacity of 49 MW. The firm will add the three new farms to the ten existing ones in France. With this […]

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Sona Comstar, Equipmake To Make Electric Powertrains For Indian Vehicles

Gurugram-based automotive technology company Sona BLW Precision Forgings Ltd, or Sona Comstar, has signed a technology licensing agreement with UK-based tech firm Equipmake which has developed high-performance electric powertrains. The patented technology of Equipmake offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles. Under the […]

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