In November last year, the US Infrastructure Investment and Jobs Act was signed. It is asking for $355 million in funding for large-scale, long-term energy storage projects. Just two months earlier, the Dept. of being Energy”Long-term storage recording”, setting a target to reduce utility-scale energy storage costs by 90% for systems that will last more […]
IEEFA: India’s power shortage crisis is an opportunity to spur the clean energy transition – EQ Mag Pro
Investing in thermal energy to help India through the power crisis will divert limited financial resources away from cheaper clean energy Continuing high temperatures in India are creating massive demand for electricity, which distribution companies struggle to meet. The power shortage crisis has revealed that the cost of coal-based generation is high and inflationary. The […]
Tata Power and Social Alpha Announce ‘Net-Zero Industry Accelerator’ for Clean Energy transition – EQ Mag Pro
~ Programme will support the lab-to-market process of innovative climate-tech breakthroughs~ ~ Initiative in line with India’s COP26 commitments ~ Tata Power, one of India’s largest integrated power companies, and Social Alpha have joined hands to build a unique innovation curation and venture development program ‘Net-Zero Industry Accelerator’ focused on industrial use cases of clean […]
How Can Asia Achieve a Clean Energy Transition? Examples from 5 Countries – EQ Mag Pro
Nowhere in the world is as critical for the clean energy transition as Asia, which accounts for almost half of global energy demand and is today the world’s highest emitting region, overtaking historical heavy emitters in North America and Europe. Despite economic challenges posed by the COVID-19 pandemic, many countries in the Asia-Pacific region continued […]
PFS partners USICEF for financing solar projects
Infrastructure finance company PFS has joined hands with the US-India Clean Energy Finance (USICEF) to leverage funds for solar projects in India. It is an innovative facility which presents PFS with an opportunity to finance and deploy high-impact development projects which can contribute in achieving India’s distributed energy target of 40 GW by 2022, PFS […]
