solar

Europe keeps setting clean-energy records

3 days ago admin2 0
This week, two of the biggest economies in Europe set new records for clean energy. The UK’s electrical grid has not burned any coal for about 1,000 hours so far this year. Though it’s just a symbolic achievement, the pace at which the UK is reaching such figures shows the pace of the energy transition. Read More

With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap

1 month ago admin2 Comments Off on With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap
In just the first half of the year, India’s booming renewable energy sector has seen merger and acquisition (M&A) deals worth over $2.5 billion (around Rs16,631 crore). In April, ReNew Power, India’s largest renewable energy company, acquired New Delhi-based Ostro Energy for around $1.5 billion, what has been the biggest such deal in the country Read More

The world set a new record for renewable power in 2017, but emissions are still rising

1 month ago admin2 Comments Off on The world set a new record for renewable power in 2017, but emissions are still rising
In 2017, the world deployed an ever-expanding amount of solar and wind power, setting a new record for renewable-power capacity added to the grid. In fact, the money spent on renewable installations was more than twice the sum spent on nuclear and fossil-fuel power, according to the annual Global Status Report published by renewables policy Read More

China is going to sell half the world’s electric cars by borrowing policies from California

2 months ago admin2 Comments Off on China is going to sell half the world’s electric cars by borrowing policies from California
Ninety seven million new vehicles were sold globally last year. Only about 2% of them were electric. Yet things are changing fast. The world last year saw a 50% annual growth rate in electric vehicle (EV) sales. In 2018, EV sales should near 1.6 million. As EV manufacturing costs fall below those of conventional vehicles, Read More

Why a 100-year-old Indian company is investing billions into renewable energy

2 months ago admin2 Comments Off on Why a 100-year-old Indian company is investing billions into renewable energy
Tata Power, one of India’s largest thermal power companies, is making a $5 billion bet on the country’s renewable energy sector. Over the next decade, the 103-year old company plans to quadruple its clean energy capacity, taking it from around 3,417 megawatts (MW) now to around 12,000 MW. The company currently has a total installed Read More

Poor countries are investing a lot more than rich countries in renewable energy

3 months ago admin2 Comments Off on Poor countries are investing a lot more than rich countries in renewable energy
There are a few things to celebrate in a new report from the United Nations. In 2017, global investment in renewable energy grew 2% from last year to $280 billion. New renewable-power capacity added in 2017 (143 GW) far outstripped new fossil-fuel power capacity (70 GW). But those optimistic figures belie a more troubling complete Read More

With the right moves, India’s renewables push could lift thousands of rural workers out of poverty

8 months ago admin2 Comments Off on With the right moves, India’s renewables push could lift thousands of rural workers out of poverty
India’s major renewable energy push could be as much about poverty reduction and job creation as it is about energy security and climate change. The Narendra Modi government aims to install 175 gigawatts (GW, 1 GW = 1,000 megawatts) of renewable energy capacity in the country by 2022—and this is expected to create over 330,000 Read More

Nearly 40% of all new power capacity in India this year is solar

8 months ago admin2 Comments Off on Nearly 40% of all new power capacity in India this year is solar
The solar energy sector has accounted for the largest capacity addition to the Indian electricity grid so far this year. It has contributed around 39%—over 7,100 MW—to the overall capacity additions, according to data from Mercom Capital Group, a US-based research and consulting firm. For comparison, solar energy capacity additions stood at only around 4,313 Read More

Everything you need to know about the Tesla Semi

8 months ago admin2 Comments Off on Everything you need to know about the Tesla Semi
Tesla released its new Semi truck at a launch event in Hawthorne, California, on Nov. 16. Tesla CEO Elon Musk orchestrated all the pizazz and performance of a typical Tesla launch, and touted how the Semi can accelerate from zero to sixty in just five seconds, and haul 80,000 pounds. Unlike other trucks, the Tesla Read More