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Green Energy

$5 Bn Green Hydrogen Project to Come up in Saudi Arabia

Air Products, ACWA Power and NEOM, have agreed on a USD 5 billion green hydrogen-based ammonia production facility in NOEM, Saudi Arabia. Air Products, in conjunction with ACWA Power and NEOM, has announced the signing of an agreement for a USD 5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be […]

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Duke Energy Brings Online its Largest Solar Project in Texas

Duke Energy has announced that its 200 MW Holstein Solar project in Texas has begun commercial operation. It is the largest solar project in its fleet. Duke Energy Renewables, a subsidiary of Duke Energy, has announced that its 200-megawatt (MW) Holstein Solar project in Nolan County, Texas, has begun commercial operation. It is the largest solar project […]

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NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR

NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […]

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bp Commits USD 70 Million in India’s Green Growth Equity Fund

bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […]

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ADB Becomes Observer for the Network for Greening the Financial System

ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […]

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Doors now Open for Offshore Wind Energy in Poland

The Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind energy in Poland”. On July 1, 2020 representatives of the Polish government and Polish wind energy industry signed a “Letter of Intent on cooperation for the development of offshore wind power in Poland”. The […]

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IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal

IFC is providing a USD 25 million loan to NMB Bank to boost financing for green projects and small and medium enterprises (SMEs) in Nepal The International Finance Corporation (IFC), a member of the World Bank Group, is providing a USD 25 million loan to NMB Bank, one of Nepal’s premier banks, to boost financing […]

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Niti Aayog Report on Towards a Clean Energy Economy

The report, Towards a Clean Energy Economy: Post-COVID-19 Opportunities for India’s Energy and Mobility Sectors, by government think tank Niti Aayog and the Rocky Mountain Institute (RMI), advocates for stimulus and recovery efforts including electric vehicle, energy storage, and renewable energy programs. It details how COVID-19 is influencing the clean energy transition in India, as well as identifying principles […]

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Bank of America and Duke Energy Agree PPA for 25 MW Solar Power

Bank of America is partnering with Duke Energy to further expand its renewable energy commitment by powering its Charlotte operations with solar energy. Bank of America has announced today that it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy. Through a renewable energy […]

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