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 ...
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
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 ...
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) ...
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 ...
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 ...
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 ...
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
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
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
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 ...
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
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
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
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
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 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
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 ...
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
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 ...
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 ...
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
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
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 ...
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 ...
