World’s Largest Floating Solar Projects Already many floating solar projects exist across the world. Owing to lack of large masses of land required for ground-mounted solar projects, Floating solar panel technology is gradually gaining traction worldwide. Another advantage of building these plants is their low ROI. There are many benefits of using floating solar plants […]
Developers Defy the DCR Norms India has set an aggressive target to achieve 100 GW of solar power installation by 2022. Though the country is witnessing a significant traction in this account, it still has a long way to go. The Indian government is also pushing this hard because it aims to provide power to […]
Industrial giant Siemens is cutting a large number of jobs in its energy business as renewable energy has substantially disrupted its existing oil and gas divisions. Siemens will make the cuts at its Power and Gas division, as well as at its Process Industries and Drives division, which makes large mechanical drives for oil and gas […]
Is the Australian Government Abandoning its Climate and Environment Responsibility The Australian government in its National Energy Guarantee (NEG) plan has given short shrift to renewable energy with a plan of installing only 8% to 36% of power generation projected to come from renewables by 2030. There are no incentives or subsidies for renewables under this scheme. […]
Growing Demand for Oil Till 2040 – Really..?? The premier international agency IEA has not been the best forecasters, as it continues to underestimate the penetration of renewable energy and decrease in fossil fuel consumption. It is more of a follower rather than a predictor of future energy mix and growth. In its new energy outlook while it […]