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Energy Transition

Adobe Bengaluru Campus fulfills 100% of its Power Demand Through Renewable Energy, Signs 2.5 MW Grid-Scale PPA with CleanMax Solar

Adobe has signed a 2.5 MW grid-scale solar power purchase agreement (PPA) with CleanMax Solar to operate off-site solar farms located in the Tumkur and Bellary districts of Karnataka. Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption […]

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SolarReserve Signs Agreement with South Australian Government for 150MW Solar Thermal Project with Energy Storage

The first of its kind in Australia, the Aurora Solar Energy Project will utilize SolarReserve’s leading solar thermal technology with integrated molten salt energy storage. SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, […]

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Envision Energy Launches Energy IoT and Smart City Technology Alliance

Envision with its world-leading EnOS IoT platform, aims to unify the distributed and fragmented renewable energy space with innovations that marry digital and energy disciplines. Envision Energy, a leading global smart energy solution provider, announced today an open-platform alliance that connects energy pioneers and technology innovators to help accelerate the clean energy transition through digitalization. […]

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Philips Lighting secures renewable energy certificates in the Gulf region

Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […]

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Unused Green Energy Tests China’s Energy Leadership

Increasing amounts of that green energy have gone unused as China struggles to integrate wind and solar farms into an outdated and balkanized electricity network dominated by coal. China’s scramble to curb pollution has made it the world leader in renewable energy development, yet increasing amounts of that green energy have gone unused as the […]

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Renewable Energy Employs 9.8 Million People Worldwide: IRENA

“Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […]

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Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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Ripple effect of India’s energy shift visible globally

The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […]

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Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan

Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […]

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