In Short : Bihar now meets 23% of its peak power demand through renewables, primarily solar and hydropower. The state is expanding solar energy with large-scale solar parks, rooftop installations, and grid upgrades. Supported by favorable policies, Bihar aims to boost clean energy adoption, aligning with India’s 500 GW renewable target by 2030. These efforts […]
Spending on charging of electric vehicles (EV) on public chargers in the United Kingdom will be 1,515 pounds ($1,854.51) more annually than charging at home, according to an analysis of fees by pro-EV campaign group FairCharge. The cost to charge an EV on a public network is up to 1,838 pounds annually, compared with 323 […]
CBI head Tony Danker will in a speech call on UK finance minister Jeremy Hunt to make “big decisions” on green investment to “get growth going” Britain is falling behind global competitors in green investment growth, the CBI business lobby will warn Monday, urging action to soften the blow of recession. CBI head Tony Danker […]
Britain officially opened its multimillion-dollar nuclear fuel fund to bidders on Monday, as it seeks to bolster domestic uranium and related supplies while reducing its dependency on Russia amid its war in Ukraine. The $90 million fund was first announced in July and came after leaders of the Group of Seven nations a month earlier […]
Renewable power companies will have their revenues capped in England and Wales, as the government clamps down on runaway profits. The measures – described by the industry as a “de facto windfall tax” – will apply to low-carbon electricity generators like wind and solar. However, the government has not capped oil and gas revenue, leading […]
LONDON : Green trade deals can help to end the world’s dependence on Russian oil and gas and “de-Putinise” the global economy, Britain’s trade minister Anne-Marie Trevelyan will say in a speech on Wednesday (May 18). Russian President Vladimir Putin said on Tuesday that it was impossible for some European countries to quickly ditch Russian […]
LONDON: Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years. The firm said it plans to develop 350 MW of energy storage capacity for operation in 2023, […]
LONDON – Britain has committed 210 million pounds ($283 million) to help Rolls-Royce build the country’s first small modular nuclear reactor, part of a drive to reach net zero carbon emissions. Hitting this goal by 2050 will require a huge increase in low-carbon power generation such as wind, solar and nuclear, but large-scale new nuclear […]
Under the so-called Contracts-for-Difference (CfD) scheme, qualifying projects are guaranteed a minimum price at which they can sell electricity, and renewable power generators bid for CfD contracts in a round of auctions. LONDON : The British government will announce the biggest round of its renewable energy scheme on Monday, hoping to build up enough extra […]