Energy Demand to Return to Pre-COVID-19 Levels in 1-4 Years: McKinsey

Energy Demand to Return to Pre-COVID-19 Levels in 1-4 Years: McKinsey

McKinsey & Company recently released its 'Global Energy Perspective 2021,' which states that while energy demand rebounds to 2019 levels in one to four years, it would not return to ...
Daily News Wrap-Up: India and Uzbekistan Sign MoU for Solar Energy Cooperation

Daily News Wrap-Up: India and Uzbekistan Sign MoU for Solar Energy Cooperation

Here are some noteworthy cleantech announcements of the day from around the world: The Government of India has signed a Memorandum of Understanding (MoU) with Uzbekistan for cooperation in the ...
/ / Other, Renewable Energy
Investment of ₹52.81 Billion for an 850 MW Hydropower Project in Jammu & Kashmir Approved

Investment of ₹52.81 Billion for an 850 MW Hydropower Project in Jammu & Kashmir Approved

The Union Cabinet has approved an investment of ₹52.81 billion (~$723.43 million) for the 850 MW Ratle Hydropower project, located on the Chenab river in the Kisthwar district of Jammu ...
/ / Other, Renewable Energy
Ola Partners with Siemens to Build Advanced Electric Scooter Manufacturing Facility

Ola Partners with Siemens to Build Advanced Electric Scooter Manufacturing Facility

Ola, one of India's leading mobility platforms, has announced that it has partnered with Siemens to build its upcoming electric vehicle manufacturing facility. The announcement comes on the heels of ...
/ / Electric Vehicles, Other
Corporate Funding for Battery Energy Storage Companies Was Up 136% at $6.6 Billion in 2020

Corporate Funding for Battery Energy Storage Companies Was Up 136% at $6.6 Billion in 2020

Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2020 was up 112% at $8.1 billion ...
Daily News Wrap-Up_ Adani Green Energy Commissions a 150 MW Solar Project in Gujarat

Daily News Wrap-Up: Adani Green Energy Commissions a 150 MW Solar Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Adani Solar Energy Kutchh One, a step-down subsidiary of Adani Green Energy, has commissioned a 150 MWac ...
/ / Other, Renewable Energy
South Korean C&I, Residential Consumers to Buy Renewables as part of RE100 Initiative

South Korea’s C&I, Residential Consumers to Buy Renewables as part of RE100 Initiative

South Korea's Ministry of Trade, Industry, and Energy (MOTIE) has announced that it would allow domestic electricity consumers to purchase electricity from renewable sources as part of the RE100 initiative ...
/ / Other, Renewable Energy
PepsiCo Pledges Net-Zero Emissions by 2040

PepsiCo Pledges Net-Zero Emissions by 2040

PepsiCo has unveiled its ambitious goal to cut carbon emissions by more than 40% by 2030 (against a 2015 baseline) — more than doubling the previous climate objective of a ...
/ / Other, Renewable Energy
UPERC Allows Time Extension for Completing a Municipal Solid Waste Power Project

UPERC Allows Time Extension for Completing a Municipal Solid Waste Power Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has extended the scheduled commissioning date (SCOD) for a 14 MW municipal solid waste (MSW)-based power project in Agra. It also directed the ...
Changing Wafer Sizes Will Cost Cell and Solar Module Manufacturers

Changing Wafer Sizes Will Cost Cell and Solar Module Manufacturers

The past few years have witnessed significant changes in solar manufacturing with the introduction of new technologies such as half-cut and even triple-cut, passivated emitter, and rear cell (PERC), bifacial, ...
Designing an Effective Lightning Protection for Residential Rooftop Solar Systems

Designing Effective Lightning Protection for Residential Rooftop Solar Systems

Residential photovoltaic (PV) systems are generally installed on the rooftop of residential buildings. However, the large metal surface area, height from the ground, and exposed location increase rooftop solar systems' ...
/ / Other, Sponsored News
Daily Wrap-Up_ Total's €3 billion Hybrid Bonds to Finance Renewables, Adani Acquisition

Daily News Wrap-Up: Total’s €3 Billion Hybrid Bonds to Finance Renewables, Adani Acquisition

Here are some noteworthy cleantech announcements of the day from around the world: Indian Institute of Technology Delhi's Sustainable Environergy Research Lab at the Department of Chemical Engineering is actively ...
/ / Other, Renewable Energy
Commission Allows Avadh Sugar and Energy to Inject Slop-Based Power into the Grid

Commission Allows Avadh Sugar and Energy to Inject Slop-Based Power into the Grid

The Uttar Pradesh Electricity Regulation Commission (UPERC) has directed the Uttar Pradesh Power Corporation Limited (UPPCL) to allow Avadh Sugar and Energy to inject slop-based power into the grid from ...
/ / Other, Renewable Energy
West Bengal DISCOM’s PSA with SECI for 100 MW of Solar-Wind Hybrid Power Approved

West Bengal DISCOM’s PSA with SECI for 100 MW of Solar-Wind Hybrid Power Approved

The West Bengal Electricity Regulatory Commission (WBERC) approved the power sale agreement (PSA) executed between India Power Corporation Limited (IPCL) and the Solar Energy Corporation of India (SECI) for the ...
/ / Other, Renewable Energy
Battery Company Gegadyne Raises $4.5 million from V-Guard

Battery Company Gegadyne Raises $4.5 million from V-Guard

Gegadyne Energy Labs, a provider of quick charging battery technology, has raised ₹334 million (~$4.5 million) from V-Guard Industries in a 'Series A' round of investments. V-Guard is an electrical ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ ACCIONA and Enagas Launch a Green Hydrogen Project in Spain

Daily News Wrap-Up: ACCIONA and Enagas Launch a Green Hydrogen Project in Spain

Here are some noteworthy cleantech announcements of the day from around the world: Technical Fibre Products has entered into a definitive agreement to acquire PV3 Technologies, a developer and manufacturer ...
/ / Other, Renewable Energy
French Oil and Gas Major Total to Acquire 20% Stake in Adani Green

French Oil and Gas Major Total to Acquire 20% Stake in Adani Green for $2.5 Billion

Total, a French oil and gas major, has acquired a 20% minority interest in Adani Green Energy (AGEL)  from Adani Group. The two partners agreed to the acquisition of a ...
/ / Finance and M&A, Other
Funding and M&A Roundup_ Loanpal Securitizes $474 Million Residential Solar Loans

Funding and M&A Roundup: Loanpal Securitizes $474 Million Residential Solar Loans

Loanpal, a solar loan origination platform that finances solar systems and batteries, announced that Loanpal Solar Loan 2021-1 and Loanpal Solar Loan 2021-1 (LPSLT 2021-1) had closed a securitization of ...
/ / Finance and M&A, Other
Daily News Wrap-Up_ Total, 174 Power Global to Develop 1.6 GW of Solar Projects

Daily News Wrap-Up: Total, 174 Power Global to Develop 1.6 GW of Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Total and 174 Power Global have signed an agreement to form a 50-50 joint venture to develop ...
/ / Other, Renewable Energy
Project Finance Brief_ Goldman Sachs Renewable Power Acquires a 300 MW Solar Project

Project Finance Brief: Goldman Sachs Renewable Power Acquires a 300 MW Solar Project

Pine Gate Renewables, a fully-integrated utility-scale solar project developer, closed financing on a 12-project fund of solar and solar plus storage sites in North Carolina. The projects will sell power under ...
/ / Finance and M&A, Other
City of Gothenburg in Sweden to Develop the First Zero-Emission Zone in the World

City of Gothenburg in Sweden to Develop the First Zero-Emission Zone in the World

The City of Gothenburg in Sweden is on its way to developing the world’s first green city zone. The Gothenburg Green City Zone is an initiative launched by various stakeholders, ...
/ / Other, Renewable Energy
€5 Million Awarded to Study Feasibility of Offshore Green Hydrogen Production

€5 Million Awarded to Study Feasibility of Offshore Green Hydrogen Production

The Fuel Cells and Hydrogen 2 Joint Undertaking, a public-private partnership of the European Commission, has awarded €5 million (~$6.08 million) in funding to a consortium to explore the feasibility ...
/ / Other, Renewable Energy
West Bengal Tops List of States Buying 'Dirty' Coal-Based Power

West Bengal Tops List of States Buying ‘Dirty’ Coal-Based Power

West Bengal tops the list of states buying 'dirty' coal power, according to the latest coal power procurement assessment conducted by the Centre of Science and Environment (CSE). The assessment ...
/ / Other, Other Energy
Government Announces Financial Sops to Boost Ethanol Production

Government Announces Financial Sops to Boost Ethanol Production

The Department of Food & Public Distribution (DoFPD) has announced that it would extend financial assistance to project proponents to enhance their ethanol distillation capacity. The move is in line ...
/ / Other, Other Energy
Power Finance Corporation to Raise ₹100 Billion Through Bonds Issue

Power Finance Corporation to Raise ₹100 Billion Through Bonds Issue

The country's biggest lender to the power sector, the Power Finance Corporation (PFC), will raise ₹100 billion (~$1.36 billion) through bonds in two tranches. According to the company's prospectus, the ...
/ / Finance and M&A, Other