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Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity

Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […]

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Off-grid Electrification Can Drive Economic Growth in Sub-Saharan Africa

Compared to other regions in the world, sub-Saharan Africa (SSA) exhibits the lowest electrification rate at 47% and the degree of urban-rural electrification inequality is also greater in the area than anywhere else. Off-grid electrification can play a vital role in extending electricity access to rural communities and improving economic resilience, finds a new report. […]

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White House Backs Plan for Renewable Energy Industry Tax Partnerships

The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to recent reports in the media. The expansion would allow the renewable energy industry – […]

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Dupont Signs VPPA With NexEra Energy for 135 MW of Wind Energy

DuPont (NYSE: DD) announced on September 23 that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind energy in Texas. The agreement, subject to customary performance conditions, supports DuPont’s Acting on Climate goal of reducing […]

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Accepting Gas Power Plants as Sustainable Investments in Asian Taxonomies Heightens Greenwash Risk: IEEFA

Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise […]

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Appliance Standards & Labelling Effective at Reducing Energy Use: IEA

Policies that introduce minimum efficiency performance standards and energy-consumption labelling on appliances and equipment have led to reduced power consumption, lower carbon emissions, and cost savings for consumers, according to analysis published today by the International Energy Agency (IEA) and the 4E Technology Collaboration Programme (4E TCP). The report’s findings are drawn from nearly 400 […]

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EKI Energy to Expand Operations in More Countries by March-end

Global green consultancy firm EKI Energy Services Ltd (EnKing International) has said that it has drawn aggressive plans to expand its footprints in the carbon credit market to more countries across the globe by the end of this financial year from 18 nations at present. EnKing International provides consulting services related to climate change, sustainability […]

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GoodWe Collaborates with Skill Council For Green Jobs To Impart Solar Training

GoodWe, the global PV inverters and energy storage solution firm got its Solar Academy team that focuses on sharing knowledge of PV applications, to collaborate with the Skill Council for Green Jobs to support the skilling requirements in the PV sector. Titled “Advanced SPV System Design optimization& Criteria for Component Selection”, the course was aligned […]

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CMERI Hands Over Solar DC Cooking Tech to 2 WB Entities

The CSIR-CMERI developed solar DC cooking system was handed over to two business entities of West Bengal, namely Asansol Solar & LED House and Meeco Solar & Infrastructure Associates, Durgapur, yesterday. The transfer was done by Prof. Harish Hirani, Director, CSIR-CMERI. The Central Mechanical Engineering Research Institute (CMERI) is an institute under the Council for […]

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