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Electricity Act

Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain

Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […]

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Joule Helping 25,000 New York Households to Save Electricity Costs With RE

Joule Community Power has rolled out community choice aggregation programs to more than 25,000 households in seven communities in New York State. Joule Assets, via Joule Community Power, has rolled out community choice aggregation (CCA) programs to more than 25,000 utility account holders in seven communities in the New York State.  The six towns that […]

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EDPR Awarded Contract for 109 MW Wind Power in Italian Auction

EDPR has been awarded a 20-year CfD at the Italian wind auction to sell power generated by a portfolio of three wind farms with a total capacity of 109 MW EDP Renováveis, (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has […]

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Sterlite Power Inks Exclusive Pact with Smart Wires to Bring New Technology for Grid Mgmt

With an aim to bring new innovative technology for the Indian electricity market for resourceful grid management, global power transmission assets developer Sterlite Power has entered into an exclusive agreement with California-based Smart Wires. The deal enables the power transmission assets developer to offer Indian utilities with modular power flow control solutions that make transmission […]

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Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead

American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […]

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Wärtsilä Inks O&M Pact for 132 MW Bahamian Power Plant

Wärtsilä entered into a 2-year operation and maintenance (O&M) agreement with the Bahamas Power and Light Company Ltd (BPL), an electricity supplier company in the Bahamas. The agreement was signed for a 132 MW power plant in The Commonwealth of Bahamas, which was supplied and built by Wärtsilä itself. Recently in the month of December […]

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PepsiCo Targeting 100% Renewable Electricity in the US

PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […]

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Financial Services Firm Visa Reaches 100% Renewable Electricity Goal

Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […]

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IFC Inks Pact with Bangladesh to Spur Solar Power Generation

With an aim to promote more investment in the renewable energy projects in Bangladesh, the International Finance Corporation (IFC) has entered into an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh. As per the agreement signed, IFC, a member of the World Bank Group, will support a solar power plant of […]

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