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Energy Transition

Repower Renewable to Build 495MW Floating Offshore Wind Plant in Italy

Venice-based Repower Renewable S.p.A. plans to build a large-scale floating offshore wind farm in the Ionian Sea and connect it to Italy’s national grid. The wind farm is located southeast of the eastern coast of Calabria at a minimum distance of about 61.8 kilometres from Capo Rizzuto and 74.8 kilometres from Monasterace Marina. The project is […]

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Impax Partners with Bullfinch Asset to Invest in RE Projects in Germany

Impax Asset Management has partnered with Bullfinch Asset to invest in decentralised clean energy projects in Germany. Impax said a fund it manages has become a shareholder in Bullfinch and has partnered with it to establish Greenfinch, the joint investment vehicle which will deploy capital in projects that enable locally generated energy and support decarbonisation […]

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Decarbonisation to See $395 B Capex by 2030: Report

As India moves more aggressively towards its decarbonisation goals with the overall energy economy shifting towards greener fuels, a Wall Street brokerage has said this space will see a capex of $395 billion by 2030. At COP21 in Paris, as part of its nationally determined contributions, New Delhi had committed to achieve 40 per cent […]

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India Hydrogen Alliance Seeks Support in Union Budget 2022-23

Industry body India Hydrogen Alliance (IH2A) has made various submissions to the government seeking budgetary support for the development of a hydrogen economy in India. IH2A has made submissions to the government for budgetary support for creation of 10 National BharatH2 Clusters, a $1 billion Hydrogen Economy Development Fund (HEDF) and a Public-Private Hydrogen Taskforce, […]

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First Solar Faces Investor Lawsuits Over Business Claims In the US

Starting off the new year on the wrong foot, US solar panel manufacturer First Solar has recently found itself embroiled in a number of lawsuits alleging fraud. Shareholder rights law firm Johnson Fistel announced last week that a class action lawsuit has commenced on behalf of investors of First Solar who purchased the company’s stock […]

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Hero Electric, Turtle Mobility to Strengthen Last-mile Delivery Segment

Hero Electric said on Monday it will deliver over 1,000 e-scooters to last-mile delivery solutions startup Turtle Mobility this year as part of a partnership between the two firms, a release said on Monday. Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid and […]

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Tata Power Tops Among India Power Utilities In S&P’s CSA Scores

Tata Power, one of India’s largest integrated power companies, secured the highest score among its peers in the Indian Power sector in S&P Global’s recently released Corporate Sustainability Assessment (CSA) results. ESG parameters are becoming increasingly relevant as markets across the world start to consider these for critical issues such as financing. Tata Power has […]

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iSun Bags $29.3 M Deal to Build Solar Canopies at EV Charging Stations

Vermont, US based iSun Inc., a solar energy and clean mobility infrastructure company, recently announced that it has been selected to design and deliver an expected total of 1,780 off-grid solar canopies to be located at EV charging stations. With 50 years of construction experience in solar, electrical and data services, the company is also a […]

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