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EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025

Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […]

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The Top 5: Key Cement Manufacturers & Their Net-zero Goals

The 20th century onwards has belonged to concrete in many ways. Alongside its strength and resilience, concrete is crucial and ideal for the building, being relatively cheap and simple to make. Each year 30 billion tonnes of concrete is used globally. Although concrete structures are, in many ways, ideal for climate-resilient construction, it is also […]

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KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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Local Search Engine Identifies Strong Demand For Solar In India As Power Cuts Hurt

Demand for solar panels and geysers have been on a rise across the country with cities like Delhi, Bengaluru, and Pune generating maximum demand for solar panels and geysers, reports the latest Just Dial Consumer Insights. Just Dial Limited provides local search related services to users in India through multiple platforms.   The insight comes […]

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UK Carbon Capture Firm Storegga Raises £51.3m Funding

UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […]

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Patents for Green Hydrogen Technology Increased Every Year By 18%

The International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) published on May 12 a joint study about the trends and dynamism in the field of hydrogen that can be produced using renewable electricity via electrolysis. Using the patent statistics, the innovation trends in electrolysers for hydrogen production show a consistent pattern that […]

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Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices

Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as  even as traded lithium carbonate prices climbed 413 percent between January and December […]

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Lightsource Bp Aims To Showcase Solar Powered Fishery In Taiwan

Lightsource bp, the renewables and solar arm of Oil giant BP, has unveiled the company’s first-ever clean energy-fed aquaculture project, a 150MW PV-powered fishery off Taiwan. Its construction is expected to commence in June 2023. Being built by Lightsource bp in partnership with Green Rock Energy, the Bundai development will produce 210,000MWh of electricity a […]

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Germany’s Third Rooftop PV Tender Earns Price Of Rs 6.96/kWh

Germany’s solar procurement exercise has come to its end with the final prices hitting €0.07/Rs 5.71 ($0.073)/kWh to €0.0891/kWh. Results of third tender for rooftop PV projects ranging in size from 300 kW to 750 kW are out. Reviewing 171 bids with a total capacity of 212 MW, Germany’s Federal Network Agency (Bundesnetzagentur) selected 163 […]

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