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use of solar energy

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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Servotech And GIZ Develop ComPort, A Solar Performance Monitoring Device

Servotech Power Systems claims to have developed a first-of-its-kind solar performance monitoring and controlling device, dubbed as ComPort. This was in association with the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit GmbH (GIZ). The device can not only detect the defects, issue notifications but also diagnose the problems and suggest O&M (operation and maintenance) […]

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EDF Renewables Set To Add 100 MW Solar Projects In UK By 2022 End

EDF Renewables, UK, has begun to prepare and construct the site on two approved solar farms in the UK, with the projects totaling almost 100 MW every year. The solar projects are 49.9 MW each in different parts of UK. The first solar project will begin to generate power in the end of 2022. EDF […]

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PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund

A memorandum of understanding (MoU) agreement has been signed between India’s infrastructure finance company PTC India Financial Services (PFS) and Global Green Growth Institute (GGGI) for the establishment of an infrastructure debt fund. The objective of the debt fund is to enhance the infrastructural development in the field of renewable energy. According to the official […]

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Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business

Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […]

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Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh

EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […]

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Bhutan Mulling 300 MW Solar Power Addition

The Himalayan country of Bhutan is looking bullish for solar power as it plans to diversify its energy mix. Reports cited the Economic Affairs Minister of Bhutan, Lokhnath Sharma saying that Bhutan will add 300 MW of solar power in the coming years. Bhutan currently has a mere 9 MW of renewable energy other than […]

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Nunam Will Deploy The Used Batteries of Audi In E-Rickshaw

Indo-German startup Nunam has found a way to recycle and use the used batteries of luxury car Audi. A press release by the startup on June 15 claimed that the recycled batteries of Audi will be used as a pilot project in the e-rickshaws already mainstreaming the commuting system for the office goers particularly across […]

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