Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Mercedes' all-electric SUV, the EQE. Image: Mercedes Benz

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh...

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Building a Robust Indian Grid: The Vital Role of PV Inverter FRT Capability

India is on a mission to combat climate change and achieve Sustainable Development Goals by leveraging renewable energy sources for meeting its national energy needs. As per the Na...

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Daily Shorts: US offers India cheap capital for clean energy, European solar output jumps on heatwave, and more

India and the US agreed to work together on climate goals and energy transition. US Treasury Secretary Janet Yellen met India's Finance Minister Nirmala Sitharaman and announced pl...

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Weekend roundup: Tesla unveils Cybertruck, US launches $20 bn in cleantech grants, and more

Tesla built its first Cybertruck, an EV pickup model it showcased four years ago (where an engineer cracked its so-called 'armor' glass). The vehicle gives Tesla entry into one of ...

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DTE Energy to spend $11 bn in clean pivot, eyes 15,000 MW RE and 1,800 MW storage by 2042

Image for representational purpose only. Image: Pexels

DTE Energy, based in Detroit, Michigan, said it would retire its coal plants in less than a decade and invest up to $11 billion over the next 10 years transitioning to clean e...

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World Bank approves ₹12,300 crore for India's low-carbon energy sector

The World Bank announced it had approved just above ₹12,300 crore to accelerate the development of low-carbon energy technology in India. In a statement, the bank said its funding ...

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Petronas, TotalEnergies sign deals on carbon storage in Malaysia, solar power in Australia

Power from the Australian solar project will be sent to gas company Gladstone LNG. Image courtesy: Petronas

French energy giant TotalEnergies and Malaysian petroleum powerhouse Petronas have signed two independent deals at the Energy Asia event in Kuala Lumpur, strengthening ties between...

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US govt proposes 80 percent cut in solar, wind project fees on federal land

The US land agency is currently processing 74 renewable energy and transmission applications with a combined potential of over 37 GW. Image: Pexels

The US government is proposing to make wind and solar installations cheaper as part of its plans to boost renewable energy and fight climate change. The Biden administration has pr...

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Orsted commits $68 billion to achieve 50 GW renewables capacity by 2030

Danish renewables energy major Orsted has committed to spending just over $68 billion in setting up 50 GW of renewables capacity by 2030, and said it was on track to exceed certain...

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Renewables will save Europe €100 billion in energy costs, says International Energy Agency

Europe is saving almost €100 billion thanks to its renewables capacity, and could have saved even more had the bloc pursued clean sources more aggressively, according to analysis f...

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World will add record 107 GW of renewables capacity this year, says IEA

Global renewable power capacity is expected to jump 107 gigawatts (GW) – the largest absolute increase ever – to over 440 GW this year, according to the International Energy Agency...

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‘The world needs to add 1,000 GW of renewables capacity annually, against 295 GW last year’

Francisco La Camara, Director General, International Renewables Agency, at the World Utilities Congress in Abu Dhabi

Francesco La Camera, Director General of IRENA (International Renewable Energy Agency), talks to ETN Editor-in-Chief Ashok Thakur on barriers limiting the off-take of renewable ene...

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Green H2: a key element in India’s decarbonization strategy

India has committed to meet 50 percent of its energy requirement through renewables, and accordingly, a target of 500 GW installed renewable energy capacity is set by 2030. Anish M...

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India’s energy transition: The way to net-zero

About 140 countries covering 90 percent of global emissions; 410 publicly-traded companies and 450 financial institutions representing $130 trillion in assets have announced net-ze...

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COP26: India’s stand on the global climate crisis

The Indian government says its push on coal 'phase down' at COP26 should not be seen as a departure from its climate commitments but a move opposed to singling out coal -...

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2021: Indian energy storage industry’s big leap forward

When we look back at 2021, it will be remembered as a year of many industry-advancing announcements, and a year where India Energy Storage Alliances' (IESA), long-standing efforts ...

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Affordable & reliable energy through minigrids & storage

At the 5th World Energy Storage Day – Global Conference & Expo held in September, experts discussed the need for energy access as a prerequisite to development, various dimensi...

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IESA Industry Excellence Awards 2021

IESA's Industry Excellence Awards for the year 2021 will be announced on February 15, 2022. The awards recognize remarkable achievements by organizations, leaders, and innovators. ...

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Key Policy Developments in India, Sep-Oct. 2021

Government invites EOI for installation of 1000MWh BESS The government has given go-ahead for inviting the expression of interest for the installation of 1000MWh Battery Energy Sto...

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Bringing safety & innovation to green industries of tomorrow

Michael Leuchte, CSO & CTO, Schaltbau GmbH discussed the company's latest product offerings for new energy, e-mobility and energy storage systems, expansion into new markets, a...

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PM Modi rejigs Cabinet: New ministers to take charge today

Prime Minister Narendra Modi on Wednesday evening inducted as many as 43 new ministers in the Union Cabinet in a first such revamp since assuming charge in the second ter...

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Rajasthan: An untapped potential for storage, EV industry

The State of Rajasthan has enabled sustained growth by attracting investment in the chemical, food, and beverage, and petroleum manufacturing industry over the years; a similar str...

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Budget 2021: What’s in store for RE and EV sector

Finance Minister Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament on February 1, 2021. Presenting the first-ever paperless budget, the FM expressed, "the prepara...

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Empowering rural India through community-led microenterprises

To make the economy more sustainable, livelihood technologies, both farm and non-farm must be integrated with decentralized renewable energy technologies. This step will empow...

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COVID-19 and its impact on solar and storage sector

The spread of COVID-19 poses a serious challenge to the momentum picked up by the solar power and energy storage sector in India, but in the long term, the crisis could help cataly...

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