Monthly Archives: April 2021

Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms: ArcVera

ArcVera Renewables, provider of consulting and technical services for wind, solar, and storage projects, today publishes its report “ERCOT Market Cold Weather Failure 10-19 February 2021: Wind Energy Financial Losses and Corrective Actions”. The study set out to quantify the lost energy production and calculate the financial impact of the rare Texas winter weather event. It is focused […]

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GWEC and champion kitesurfer Lewis Crathern team up to unleash the power of wind

The Global Wind Energy Council (“GWEC”) and champion kitesurfer Lewis Crathern announced today that they have joined forces to advocate for wind power across the world.  Crathern is a four-time British kitesurfing champion, 2016 Vice World Champion, 8X RedBull King of the Air competitor, past winner of the Red Bull Megaloop Challenge, and Ambassador of the UK Kitesurfing Armada. Born […]

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Hero MotoCorp, Gogoro Partners to Propel Shift to Electric Transportation in India

Hero MotoCorp Ltd. and Gogoro Inc., has announced a strategic partnership to accelerate the shift to sustainable electric mobility in India. The partnership brings together Hero, the world’s largest manufacturer of motorcycles and scooters, and Gogoro, the global leader in urban battery-swapping and smart mobility innovation.  The companies will establish a battery swapping joint venture […]

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Renewable energy certificates trading shrinks to 9.2 lakh in 2020-21

The renewable energy certificates market shrank to 9.2 lakh RECs in 2020-21 while 60.58 lakh RECs piled up till March-end due to a halt in trading, which also impacted the ability of distribution companies to meet their renewable purchase obligation (RPO). According to industry data, an inventory of 60.58 lakh RECs piled up till March […]

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Sustainability through renewable energy: Comparing India and Singapore

Last week, at an event coinciding with Earth Day (April 22), US President Joe Biden hosted a climate conference with other world leaders, urging them to cooperate in the global effort to tackle the climate crisis. At the Leaders’ Summit on Climate, he committed his country to reducing greenhouse gas emissions by at least 50 […]

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Sony Pictures Networks Joins Hands With SayTrees to support afforestation efforts

As part of its CSR commitment, Sony Pictures Networks India (SPN) has partnered with the NGO, SayTrees, to support afforestation efforts. Together SPN and SayTrees have planted over 8000 native varieties of tree saplings through the dense afforestation method in three acres of land in the drought prone Satara district of Maharashtra which will soon […]

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COVID-19 Pandemic Impacted 9 in 10 Surveyed Consumers’ Views on Sustainability: IBM Study

Highlights :- ->Half of the consumers surveyed globally agreed that climate change exposure of a company, impacts investor’s financial risk. At 70%, Indian consumers have the highest levels of association of climate risk with financial risk.-> 85% Indian respondents consider environmentally sustainable companies as more attractive employers-> 93% of Indian respondents believe that their personal travel […]

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Brazil sees solar boom ahead of cut in subsidies for new projects

Power utilities and developers are rushing to register solar projects in Brazil, one of the most promising markets for renewables, as it prepares to cut subsidies for new solar installations and wind farms, according to a report by consultancy ePowerBay. Spain’s Iberdrola, France’s Voltalia, EDF, Italy’s Enel and Portugal’s EDP Renewables are among the main […]

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Ecoppia completes installation of its robots at a solar site operated by AES California

Ecoppia announced that it has completed the installation of its robots at a solar site in California, USA, operated by The AES Corporation, a Fortune 500 global energy company. With this deployment, Ecoppia has reached another significant millstone, servicing more than 2,700 MW of deployed projects globally. Ecoppia anticipates that this growth trajectory will continue […]

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