Researchers Claim 21% and Higher Efficiency in Perovskite-CIGS Tandem Cells

Researchers Claim 21% and Higher Efficiency in Perovskite-CIGS Tandem Cells

A team of researchers from the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) in Stuttgart, Germany, has combined perovskite with copper indium gallium selenide (CIGS) to build a tandem ...
/ / Solar, Technology
ReNew Power’s Q2 FY23 Revenue Inches Up by 5% YoY

ReNew Power’s Q2 FY23 Revenue Inches Up by 5% YoY

Independent renewable power producer ReNew Power posted revenue of ₹22.4 billion ($275 million) in the second quarter (Q2) of the financial year (FY) 2023, up 5.1% year-over-year (YoY). The revenue ...
Solar Glass Manufacturer Borosil Renewables’ Profit Dips by 29% YoY in Q2 FY23

Solar Glass Manufacturer Borosil Renewables’ Profit Dips by 29% YoY in Q2 FY23

Borosil Renewables, an India-based solar-glass manufacturer, recorded a profit after tax of ₹241.89 million ($2.97 million) for the second quarter (Q2) of the financial year (FY) 2023, a YoY decrease ...
/ / Finance and M&A, Solar
Siemens Gamesa Posts Net Profit of €286 Million in Q4 FY22

Siemens Gamesa Posts Net Profit of €286 Million in Q4 FY22

Spain-based wind engineering company Siemens Gamesa Renewable Energy reported a profit of €286 million ($293.34 million) in the fourth quarter (Q4) of the fiscal year (FY) 2022, a year-on-year (YoY) ...
/ / Finance and M&A, Wind
IRENA Urges Global Leaders to Bridge Renewable Energy Deployment Gap

IRENA Urges Global Leaders to Bridge Renewable Energy Deployment Gap

The collective effort to switch to renewables and make the energy transition is not enough despite the Glasglow Climate Pact, finds a new report by the International Renewable Energy Agency ...
/ / Other, Renewable Energy
Plug Power’s Net Loss Up 60% YoY in Q3, as it Builds its Green Hydrogen Platform

Plug Power’s Net Loss Up 60% YoY in Q3, as it Builds its Green Hydrogen Platform

Plug Power, a U.S.-based developer of hydrogen fuel cell (HFC) turnkey solutions, recorded a net loss of $170.76 million in the third quarter (Q3) of 2022, a year-on-year (YoY) increase ...
/ / Other, Renewable Energy
Daily-News Wrap-Up Iberdrola Announces €47 Billion For Energy Transition

Daily-News Wrap-Up: Iberdrola Announces €47 Billion For Energy Transition

Here are some noteworthy cleantech announcements of the day from around the world: Spain-based electric utility company Iberdrola announced a record investment plan of €47 billion ($47.2 billion) for energy ...
/ / Other, Renewable Energy
Daily-News Wrap-Up: Power Ministry Amends Charging Infrastructure Guidelines for EVs

Daily-News Wrap-Up: Power Ministry Amends Charging Infrastructure Guidelines for EVs

Here are some noteworthy cleantech announcements of the day from around the world: The Power Ministry has issued amendments to Charging Infrastructure for Electric Vehicles revised consolidated guidelines and standards ...
Early Rollout of Fiscal Policy Could Reduce Emissions in the Middle East & Central Asia

Early Rollout of Fiscal Policy Could Reduce Emissions in the Middle East & Central Asia

The Middle East and Central Asian countries have collectively pledged to reduce annual greenhouse gas emissions (GHG) in 2030 by 13-21%, a new IMF study estimates. On assessing the region's ...
People Without Electricity Set to Increase in 2022 for First Time in Decades

People Without Electricity Set to Increase in 2022 for First Time in Decades

The number of people living without electricity is set to rise by nearly 20 million in 2022, reaching nearly 775 million, finds International Energy Agency’s (IEA) latest data. The agency ...
Daily News Wrap-Up: MNRE Amends Bidding Rules for Wind-Solar Hybrid Power Projects

Daily News Wrap-Up: MNRE Amends Bidding Rules for Wind-Solar Hybrid Power Projects

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for tariff-based competitive bidding to ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Indian Army Partners with Tata Power to Set Up EV Charging Points

Daily News Wrap-Up: Indian Army Partners with Tata Power to Set Up EV Charging Points

Here are some noteworthy cleantech announcements of the day from around the world: The Indian Army collaborated with Tata Power through its ‘Go-Green Initiative’ to set up 16 electric vehicle ...
Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Adani DISCOM to Procure 1 GW Renewable Power Bundled with Thermal

Maharashtra Electricity Regulatory Commission (MERC) has allowed Adani Electricity Mumbai (AEML) to procure 1,000 MW of renewable power bundled with thermal (500 MW plus an additional 500 MW under the ...
Daily News Wrap-Up: O&M Tender Issued for 3.6 MW of Solar with Battery Projects

Daily News Wrap-Up: O&M Tender Issued for 3.6 MW of Solar with Battery Projects

Here are some noteworthy cleantech announcements of the day from around the world. Uttar Pradesh Agricultural Produce Board (Mandi Parishad) has issued a tender inviting bids for the operation and ...
Daily News Wrap-Up: DEWA Solar Park's Fifth Phase Adds 300 MW of Capacity

Daily News Wrap-Up: DEWA Solar Park’s Fifth Phase Adds 300 MW of Capacity

Here are some noteworthy cleantech announcements of the day from around the world: Dubai Electricity and Water Authority (DEWA) added 300 MW of clean energy production capacity to the fifth ...
Bids Invited for Developing 9.7 MW Rooftop Solar Projects in Odisha

Bids Invited for Developing 9.7 MW Rooftop Solar Projects in Odisha

The Odisha Renewable Energy Development Agency (OREDA) has invited a request for proposal (RfP) to develop 9.71 MW of rooftop solar projects on government buildings in Odisha. The bids are ...
Saudi Oil Major Aramco to Set Up $1.5 Billion Sustainability Fund

Saudi Oil Major Aramco to Set Up $1.5 Billion Sustainability Fund

Saudi Aramco,  a global energy and chemicals company, has established a $1.5 billion sustainability fund to invest in technology to support a stable and inclusive energy transition that will help ...
African Clean Energy Transition Debate Must Acknowledge Country-wise Diversity

African Clean Energy Transition Debate Must Acknowledge Country-wise Diversity

The immense benefits of a high renewable energy share in the African energy mix are indisputable, but the objective can be met only by adopting a country and context-specific strategy ...
/ / Other, Renewable Energy
EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

Electric Vehicle (EV) financing platform for individuals Revfin has closed a Series A funding round of $10 million in a combination of equity and debt. The funding round was led by ...
Amidst Rise in Renewables, CEA Suggests Ways to Maintain Adequate Generation Capacity

Amidst Rise in Renewables, CEA Suggests Ways to Maintain Adequate Generation Capacity

The Central Electricity Authority (CEA) has prepared a draft resource adequacy plan to maintain adequate generation capacity to meet future energy demands. The document says that it had become imperative ...
/ / Other, Renewable Energy
Syngene to Procure Power from O2 Power’s Wind Project in Karnataka

Syngene to Procure Power from O2 Power’s Wind Project in Karnataka

Syngene International, an integrated research, development, and manufacturing services company, has entered into an agreement with O2 Power to procure power from the 100 MW wind project in Karnataka through ...
/ / Other, Wind
Inexpensive Aluminium-Sulfur Batteries Could Outperform Lithium-ion: MIT Research

Inexpensive Aluminium-Sulfur Batteries Could Outperform Lithium-ion: MIT Research

A team of researchers at MIT and elsewhere have developed a new type of battery made from abundant and cheaper materials such as aluminum and sulfur. Lithium-ion batteries that are ...
Bill to Enable a Market to Trade Carbon Credits Introduced in the Lok Sabha

Bill to Enable a Market to Trade Carbon Credits Introduced in the Lok Sabha

Power Minister R.K. Singh introduced a Bill to amend the Energy Conservation Act in the Lok Sabha to enable a carbon credit trading market in India. The Bill also makes ...
EDP Renewables Net Profit Rises by 87% YoY to $270 Million

EDP Renewables Net Profit Rises by 87% YoY to $270 Million

Spain-based renewable energy company EDP Renewables (EDPR) reported a net profit of €265 million (~$270 million) in the first half (1H) of 2022, an 87% year-over-year growth. EDPR's revenues reached ...
/ / Other, Renewable Energy
Green Hydrogen Trade Can Provide a Low-cost Option for Diversifying Energy Imports

Green Hydrogen Trade Can Provide a Low-cost Option for Diversifying Energy Imports

The costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport costs and make hydrogen trade cost-effective, a report by the International Renewable ...