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zero energy transition

Danfoss India Launches First Privately Owned Grid Scale Energy Storage System

Danish owned Danfoss India recently opened India’s first privately owned and operated grid-scale battery-based Energy Storage System (ESS) at its Oragadam campus in Chennai to store the excess energy generated by renewables (solar power plant) installed inside the campus. The ESS has been engineered using Danfoss’ sustainable Drives technology, according to a statement. Jurgen Fischer, […]

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Actis Forms Blupine Energy to Develop renewable energy in India

Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […]

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Energy Vault, Two Others Construct Gravity-Based Energy Storage in China

Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […]

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Nestle’s Trucks in UK Switch to Renewable Energy

Nestle has revealed that its food and drink products will now be delivered around the UK and Ireland by trucks which emit up to 95% less carbon. Nestle has switched 75% of its owned fleet of trucks from diesel to Bio-LNG, a liquefied gas which is a by-product of waste. Nestle says that the move […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050

Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […]

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Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […]

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Samsung Elec to join renewables pledge as S.Korea shifts gears on green energy

Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100 per cent renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change. Samsung, the world’s biggest chipmaker, is late to the green power pledge: It’s […]

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Pilot Scheme for Hourly Renewable Energy Certificates in UK Seeks To Empower Consumers

Plans proposed by energy suppliers working with a Startup called Granular could mark a sea change in making consumers aware of their power sources, and more importantly, benefit from discounts from there is a surplus of renewable power. A consortium of leading energy organisations led by hourly certificate focused start-up Granular and including European power […]

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