Energy Storage

EDF continues energy storage push with PowerUp investment

EDF has invested in cleantech startup PowerUp in a bid to support its 10GW of storage by 2035 ambitions. Alongside EDF, PowerUp has received funding from its historic investor Supernova Invest as well as business angels. The company aims to extend the lifetime and optimize the performance of lithium-ion batteries using measure, act, predict (MAP) […]

Research

New solar panel design increases efficiency by 125%

The breakthrough could lead to wider use of renewable energy Web Desk October 27, 2020 12:16 IST Designing solar panels in checkerboard lines increases their ability to absorb light by 125 per cent, a new study says. Researchers say the breakthrough could lead to the production of thinner, lighter and more flexible solar panels that […]

Asia - Pacific

ADB, Strategic Climate Fund, and New Zealand Boost Kiribati’s Access to Clean Energy

MANILA, PHILIPPINES: The Asian Development Bank (ADB) has approved a $14.7 million project to improve access to clean, reliable, and climate-resilient energy in Kiribati. The financing for the South Tarawa Renewable Energy Project comes from the Pacific Renewable Energy Investment Facility, which was founded in 2017 to finance renewable energy projects and sector reform in […]

Europe & UK

Spain’s Repsol cuts dividend as ramps up renewables

Larger peers BP and Royal Dutch Shell broke a long-standing sector taboo by cutting their dividends earlier this year as the COVID-19 pandemic strangled fuel demand, but Shell hiked its payout again last month MADRID: Spain’s Repsol will cut shareholder payouts and channel more funds to its lower-carbon business over the next five years as […]

Americas

UK to double renewables capacity eligible for next subsidy auctions

The next allocation round for renewable energy technologies such as offshore wind will open late next year LONDON: The British government said on Tuesday it will double the capacity of renewable energy projects eligible for support in its next round of subsidy auctions. Under the so-called Contracts-for-Difference (CfD) scheme, qualifying projects are guaranteed a minimum […]

MEA

Israel launches 10-yr national energy efficiency plan

It includes promoting the transition to renewable energy production and the use of electrical technologies instead of technologies that consume fossil fuels Tel Aviv: Israel has launched a national plan for energy efficiency and dealing with the climate crisis, the government announced. On Monday, the Ministry of Energy said the new plan, which refers to […]

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PV Manufacturing

PV Module Improvements to Drive Down Solar Prices in 2020s: WoodMac

In the 2020s, an improvement in module efficiency and power class will drive declining investments and ultimately lower solar LCOE The global solar industry has seen tremendous growth over the past decade as the annual demand for solar increased year on year while the cost of solar decreased significantly. In the 2020s, the cost of […]

Business & Finance

Vestas to fund start-ups through new venture capital arm

Vestas plans to invest in early-stage start-ups within sustainable energy around the world through its new corporate venture capital arm, Vestas Ventures Vestas has launched a new venture investment programme to accelerate the deployment of sustainable energy, greater electrification and create new opportunities for growth. It will invest in early-stage start-ups within sustainable energy around […]

Solar Off Grid & Roof Tops

Ladakh MP inaugurates 12 Solar Roof Top 5 Kw Power Plants

MP Ladakh Jamyang Tsering Namgyail today inaugurated the 12 Solar Roof Top 5 Kw Power Plants in different hamlets of Kanoor Village, funded and provided by former Chairman J&K Legislative Council and MLC Kargil Haji Anayat Ali from his Constituency funds and implemented by Kargil Renewable Energy Development Agency (KREDA). He said, it is a […]

Solar Balance of Systems

Press release: Hartek Power’s solar EPC portfolio surpasses 500 MW

Chandigarh-based Hartek Power Pvt Ltd, one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies, has successfully connected 270-MW solar projects spread across Punjab, Uttar Pradesh and Karnataka to the grid. With the commissioning of these projects, the power systems EPC portfolio of Hartek Power has surpassed 500 MW in solar power projects. Cashing in […]

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