Tag Archives: renewable

Startups And Tech Lead The Way As Renewable Energy Hits Milestone

Renewable energy has reached a historic milestone, accounting for 30% of global electricity generation in 2023, as reported by Sky News. China and Brazil have taken the lead in expanding solar and wind power, marking a significant step towards reducing greenhouse gas emissions worldwide.

However, funding for clean energy projects remains a challenge in many countries. Fortunately, technology has played a vital role in driving the growth of renewable energy, making it more affordable and accessible than ever before.

Thanks to innovative technologies, we have made significant progress towards sustainable living. Smart energy meters help us monitor and optimise our electricity usage, while innovative solar panel designs increase efficiency. In addition, startups are driving…


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Renewable Energy Sector Welcomes Interim Budget 2024

Energizing the Future: India’s Leap Towards Renewable Energy Post-Budget 2024

The Interim Union Budget 2024 has been unveiled, setting a promising trajectory for the renewable energy sector. As India strides towards its ambitious net-zero goals by 2070, the budget’s focus on enhancing renewable energy infrastructure and incentives has garnered positive reactions from industry leaders. This piece explores the perspectives of key figures in the renewable energy landscape, shedding light on how the budget aligns with the sector’s growth and sustainability objectives.

Mr. Masood Mallick, CEO, Re Sustainability Limited (ReSL), commended the budget for its alignment with India’s net-zero ambitions, highlighting significant initiatives like the enhanced allocation to the…


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The Growth of Renewable Tech Companies in the UK

Recent global data analysis indicates that the United Kingdom has significantly trailed other nations in its investments in renewable energy. This has also seen an increase in tech companies switching to renewable energy solutions across the UK, too. 

According to the most recent government statistics, the UK’s renewable energy capacity has experienced a comparatively modest average annual growth of 4.45% over the past three years, in contrast to the global average of 9.67% annual growth. 

 

UK Renewable Energy Market Analysis

 

In the short to medium term, key drivers for this renewable energy growth include supportive government policies and endeavours to fulfil the surging energy demand by leveraging renewable sources while simultaneously reducing reliance on fossil…


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