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SunCable Gets $152 Million New Investment for Australia-Singapore Power Project

The SunCable led ‘Australia-Asia PowerLink’ project has received a major boost as Australian billionaires Mike Cannon-Brookes and Andrew Forrest have invested a further $152 million into the undersea cable link construction meant to deliver solar generated power from Australia to Singapore. The fresh investment has been directed through Grok Ventures that belongs to Cannon-Brookes and […]

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Neoen sees bigger appetite for RE as Europe shuns Russian power

French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […]

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Magenta to set up EV chargers on Xavier Institute’s multiple campuses

Charge Point Operator (CPO) Magenta has tied up with Xavier Institutes (part of the Jesuit Educational Network) to install EV charging stations at their multiple educational campuses, beginning with the first EV charger installation at Mumbai’s Xavier’s Institute of Engineering Campus at Mahim. The charging station was inaugurated by Dr. HariBalaji N. IPS, Deputy Commissioner […]

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Tobacco Major VST Industries Adds 1 MW Solar to HO

As part of VST Industries commitment to sustainability, the Company has commissioned a solar plants totaling 1 MW for its manufacturing units. These plants will provide about 25 percent of the Company’s energy needs. This will result in cancelling out a total of 1310 MT of carbon dioxide emissions. Energy generated from these plants will […]

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Karnataka to Give 10,000 Farmers Solar Powered Irrigation Pump Sets Under PMKUSUM

The State Cabinet of Karnataka has cleared the proposal for the implementation of Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan-B (PMKUSUM) scheme in the state under which about 10,000 farmers will benefit from solar powered irrigation pump sets. ‘Component B’ of the scheme envisages installation of 17.5 lakh standalone (off grid) solar powered irrigation […]

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Bill Gates, Chris Sacca Invest in tech for Net Zero Emissions in Heavy Industries

Microsoft co-founder Bill Gates and Chris Sacca, an early investor in Uber, Twitter, and Instagram, are investing in the US-based start-up Antora Energy to help mitigate climate change. Although Antora Energy is in the early stages of alleviating greenhouse gas emissions from heavy industries, its technology looks promising. Bill Gates is investing in Antora Energy through investing […]

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IREDA to be consultant to petrochemicals institute for campus solarisation

Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide its techno-financial expertise for the solarization of CIPET campuses. The two organisations are under the Ministry of New & Renewable Energy and the Ministry of Chemicals and Fertilizers, respectively. […]

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How Australia’s States Are Leading The Renewables Push

Australia’s states have taken the lead in the push for renewables, with Tasmania setting a 200% target for renewable energy by 2040. NSW and South Australia have also made aggressive plans. The country already has a rooftop solar penetration of over 30%, the highest in the world,  making rooftop solar the largest contributor to its […]

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