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use of solar energy

Mercedes-Benz Electric Vehicle Sales Double in April-June Quarter

Despite dwindling car sales there is some consolation for top automaker Mercedes-Benz this season. Just when the sales of its fossil fuel based cars declined by a massive 16 per cent in the quarter that spanned April to June compared with the corresponding quarter of the previous year. But, the sales of its battery based […]

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IRENA Presents China 13-point Lay Out to Achieve Carbon Neutrality Through RE

Intergovernmental organization International Renewable Energy Agency (IRENA) has shared with China a 13-point plan to help achieve the climate change commitments. As part of its strategic partnership, the report laid out the route and speed to China aiming for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060. “China is the world’s […]

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IEA Calls For Innovation To Bridge Gap Between Demand & Supply Of Metals For EV Batteries

The autonomous intergovernmental organisation that shapes policies related to energy for countries, International Energy Agency (IEA) has published a 68-page report “Global Supply Chains of EV Batteries“. The report states that innovation alone can help bridge the fast increasing gap between demand and supply of critically important metals for EV batteries. The supply of critical […]

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BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production

British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […]

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India’s First 100% Green Building Will Come Up In Hyderabad In March 2023

Hyderabad will earn a distinction in March next year when a first-of-a-kind 100 per cent green building will be set up at Mint Compound. It is quite appropriate that spread over 2,591 square metres, the green building will have the offices of State Renewable Energy Development Corporation Limited (TSREDCO), Super Energy Conservation Building Code (ECBC) […]

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Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion

An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […]

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IRENA Releases Reports On Global Hydrogen Trading Trends In 2050

A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […]

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