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ADB and IEA Discuss Scaling up Collaboration in Energy Segment

ADB President Masatsugu Asakawa and Executive Director of IEA Fatih Birol recently discussed scaling up collaboration and renewing the MOU between the two organizations. Asian Development Bank (ADB) President Masatsugu Asakawa and Executive Director of the International Energy Agency (IEA) Fatih Birol recently held a video conference meeting to discuss scaling up collaboration and renewing […]

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EV Boom to Cause Nickel Sulphate Supply to Peak in 2027: WoodMac

Nickel in sulphate production is expected to rise from 211 Kt in 2019 to its peak at 450 Kt in 2027, while demand driven by the EV sector continues to accelerate Nickel in sulphate production is expected to rise from 211 kilo-tonnes (Kt) in 2019 to its peak at 450 Kt in 2027, while demand […]

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US’ DFC Okays $350 Mn for Development in India Including over $200 Mn for Solar

The US-Based Development Finance Corporation (DFC) has sanctioned about $350 million of investment for development in India under various projects including more than $200 million for the solar energy projects. DFC is an independent agency of the US Government that provides financing for private development projects. This investment is part of the $1 billion of […]

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EESL, USAID Unveils ‘Healthy and Energy Efficient Buildings’ Initiative for Workplaces

With an aim to make workplaces healthier and greener, Energy Efficiency Services Ltd (EESL) jointly with the US Agency for International Development’s (USAID) MAITREE program, has launched the “Healthy and Energy Efficient Buildings” initiative. This initiative was launched on the occasion of World Environment Day. As part of this pilot initiative, EESL has taken the […]

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Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage

Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […]

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Vestas Bags Turbine Orders Worth 367 MW in Russia and China

Vestas has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects. Vestas, the leading global supplier of wind turbines, has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects. The first order the […]

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ReneSola Sells 10.4 MW Solar Portfolio to Nautilus in Minnesota

In a series of the fourth transaction between the two companies, ReneSola Ltd, a leading solar project developer, has sold its 10.4 MW community solar portfolio to Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects. The solar projects’ portfolio is comprised of 8 single-axis tracker solar installations, each commonly referred […]

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MNRE Warns Against Fraudulent Websites for PM-KUSUM Scheme

The Ministry of New & Renewable Energy (MNRE) has issued a precautionary warning for people against fraudulent websites claiming to be registration portals for Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) Scheme. The Ministry said that “it has recently noticed that few new websites have cropped up as registration portal for Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan […]

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