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Volvo Cars Powers its Chengdu Factory with 100% Renewable Energy

The 100 percent renewable electricity mix in Chengdu is the result of a freshly signed supply contract and will reduce the plant's CO2 emissions by more than...

Business | June 22, 2020 | By News Bureau | 2626 readings

Power Markets Turns to Renewable Energy Amid Falling Demand Due to COVID-19: Moody's Report

Renewable energy made up the bulk of recent capacity additions both in India and globally, which continues to displace thermal generation. With a sharp decrease...

Business | June 22, 2020 | By News Bureau | 2442 readings

Cost-Effective Renewables Continue to Get Preference in OECD Countries Amid COVID-19

As the solution for COVID-19 is far from near, this trend is expected to continue for the rest of the year as utilities will choose the cost-effective renewable...

Business | June 22, 2020 | By News Bureau | 2315 readings

Renewable Energy Installation Endures to Stay Sluggish Due to COVID-19 Lockdown: Report

While construction activity was allowed to resume in April, the lack of labour, difficulty in movement of goods and delays in site inspections and approvals...

Business | June 20, 2020 | By News Bureau | 2421 readings

DroneBase Obtains New Capital Worth $7.5 Million to Enable Growth in RE Data Analysis

DroneBase’s new entity and office in Germany will expand its ability to support customers with assets in Europe while introducing new clients to its capabilities...

Business | June 19, 2020 | By News Bureau | 2317 readings

India Developed as 2nd Biggest Growth Driver of Global Energy Consumption in 2019: BP Report

The increase in energy consumption was driven by renewables and natural gas, which together contributed three-quarters of the expansion. All fuels grew at a...

Business | June 18, 2020 | By News Bureau | 2958 readings

EESL Strategies to Capitalize £150 Million in UK and Ireland Power Market in 2020

“The investment (GBP 150 million) will be on expanding the base for combined heat and power and ancillary services market (Short Term Operating Reserve)...

Business | June 18, 2020 | By News Bureau | 2467 readings

Renewable Energy Added 41 Percent to Global Growth in Energy Demand in 2019: BP Report

“Renewables energy consumption, which includes biofuels and all traded renewable electricity apart from hydro, continued to grow strongly and contributed...

Business | June 18, 2020 | By News Bureau | 2648 readings

IEA Comes Up with Energy Sector Recovery Strategy Worth $3 Trillion to Enable Growth

In a study carried out with the International Monetary Fund, the IEA said that by integrating energy policies into government responses to the economic fallout...

Business | June 18, 2020 | By News Bureau | 2485 readings

Schneider Electric Extends Strategic Partnerships with AVEVA, Lenovo & Stratus for IT/OT

The industrial edge programs from Schneider Electric empower system integrators to expand their value to the end-user, enabling their customers' industrial...

Business | June 18, 2020 | By News Bureau | 2267 readings