Decarbonization

Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola

Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway’s sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the portfolio amounts to approximately EUR 1.2 billion. The Norwegian fund […]

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Total Eren to Construct 100 Mwp Solar Farm in Columbia

Columbia’s largest energy firm Ecopetrol, and French renewable energy Independent Power Producer Total Eren have announced that they have partnering to implement the ‘Rubiales’ solar photovoltaic (PV) park that will have a capacity of 100 MWp in Columbia. The official statement held that the solar PV park will be built on the site of the […]

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Turkey Imposes Regulation on Buildings to Meet 5% Energy Needs from RE

The world is ramping up energy efficiency efforts by establishing new building codes. Recently, India also set up new norms, including for residential buildings, under the ambit of Energy Conservation (Amendment) Bill 2022. In its bid towards decarbonization, Japan has also mandated the installation of solar panels for new homes post 2025. Now, Turkey has […]

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Italy’s Enel, Israel’s Brenmiller Inaugurate Rock-Based Storage System ‘TES’ in Italy

The largest utility in Italy Enel Group and Israeli firm Brenmiller Energy have set up an innovative, sustainable rock based energy storage system in Tuscany in Italy which is completely sustainable and capable of accelerating the energy transition. The integration of the thermal energy storage (TES) system with the existing power plant enables Enel and […]

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Apple Aims for Decarbonization by 2030

American multinational technology firm Apple has called on its global supply chain to look into the challenge of its greenhouse gas emissions and embrace the decarbonization route. On the Path of Decarbonization Apple, which is now aiming for decarbonization by 2030, will look into the operations of its major manufacturing partners so that the firm […]

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Cummins to Build Gigawatt Electrolyzer Manufacturing Facility in Spain

The US-based power technology provider Cummins Inc. has said that it will soon start building its new gigawatt electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain to expanding the green hydrogen economy in Europe and globally. In 2021, Cummins had selected Spain as the site of a new proton exchange membrane (PEM) electrolyzer plant. Earlier […]

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DIF Announces Investment In Qair – 1GW Global Renewables Platform

DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […]

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USA’s Energy Harbor Announces Great Lakes Clean Hydrogen Partnership

USA’s clean energy generator Energy Harbor Corporation has announced joining forces with the University of Toledo, major industrial companies in the region, several DOE national laboratories and others to form a new industry-led coalition called the Great Lakes Clean Hydrogen (GLCH). The coalition is to transition the Midwest state of the USA into a leading […]

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Global Wind Turbine Order Intake Breaks Record in Q2

Strong activity in China has pushed global wind turbine order intake to 43 gigawatts (GW) in quarter two of 2022, a new record, and up 36% from year-ago levels. This equates to an estimated $18.1 billion, according to new analysis from Wood Mackenzie. With ambitious decarbonization targets, China aims to support an estimated average build […]

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