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Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform

Generate  (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […]

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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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Ørsted Planning to Become Carbon Neutral by 2025

Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […]

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EY Announces Commitment to be Carbon Neutral by end of 2020

EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. The commitment reflects the firms’ focus towards becoming a […]

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Total, PSA Partner to Enter EV Battery Manufacturing Activity in Europe

Total and PSA have announced their plan to combine their know-how to develop EV battery manufacturing activity in Europe. Total, through its affiliate Saft, and PSA with Opel, have announced their plan to combine their know-how to develop EV battery manufacturing activity in Europe. To that end, the partners intend to establish a joint venture […]

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EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO

EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […]

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UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles

UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […]

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Corporations Bought Record Amount of Clean Energy in 2019: BNEF

Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […]

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Empower Solar Named 2020 Quality Solar Installer by NYSERDA

EmPower Solar has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row EmPower Solar, an Island Park-based solar installer, has received the New York State Energy Research and Development Authority (NYSERDA) Quality Solar Installer award for the second year in a row. In an […]

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