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Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report

Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […]

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GE Renewable to Dismantle Decommissioned Wind Turbines in Germany

California-based GE Renewable Energy and German company Neowa GmbH have signed an MoU for a multi-year agreement to dismantle decommissioned Germany-based onshore wind turbines and recycle a variety of components—including blades—during partial and full repowering, contributing to the lifecycle circularity of the wind industry. The companies will also jointly explore the potential to expand Neowa’s unique […]

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Solis Seminar- Solution For PID Recovery

Potential Induced Degradation (PID) is a phenomenon which affects some PV modules with crystalline Si cells and leads to gradual deterioration of performance. The degradation can be as much as 30% or more after a few years. Some module manufacturers are already working to develop countermeasures by using new materials, but the general trend to […]

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Maharashtra Can Save 75,000 Cr Through Energy Transition Over the Decade

Surplus electricity generation capacity, air pollution regulations, and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 crore in 5 years, and over Rs.75,000 crore in the coming decade, says a report released by Climate Risk Horizons.  According to the report entitled, ‘Maharashtra’s Energy Transition-A 75,000 cr. savings opportunity’, as one of India’s most advanced […]

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Delhi’s 2041 Draft Master Plan Foresees 50 Percent Energy From Renewables

Delhi’s Draft Master Plan (MPD 2041) for the next two decades was formally release for public feedback and attention . The MPD is relevant, simply because it lays the roadmap for the city’s development for the next two decades. Previous masterplans have suffered various amendments and changes, almost all driven by political necessities. Basic necessities, […]

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Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA

The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […]

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IKEA To Help India Suppliers Go Green By Enabling Shift To Renewable Energy

IKEA, the 35.2 billion Euro (Rs 313,000 crores) Swedish home furnishing retailing major has announced a programme for its suppliers in India, Poland and China where it will help them transit to 100 per cent renewable electricity. Almost 1,600 direct suppliers will be covered under this move, IKEA said in a statement. In India, In India, IKEA currently […]

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US Deploys 910 MWh of Energy Storage with 225% Increase in Q1

In a sign that energy storage systems continue to make strong progress in the country, the US marked the biggest Q1 2021 (quarter one) deployments so far for its energy storage market. According to a report from Wood Mackenzie and the U.S. Energy Storage Association (ESA), the US added 910 MWh (megawatt-hours) of new energy […]

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Norway’s Wind Catching Systems Unveils 1000 ft Tall Multi-turbine Floater

Is the basic design used in offshore wind production today the right one? Is a technology based on that of old Dutch corn mills truly the most efficient method for offshore wind power production? Is the current technology, while performing well on land and bottom-fixed offshore developments, the best system on a floater? These are […]

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