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Net Zero Carbon

EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […]

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From Potential to Progress: What Does Africa Renewable Energy Journey Look Like?

With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […]

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Clean Energy to Over 150 Countries: Trina Solar 2022 Sustainability Report

Trina Solar Co., Ltd., which delves into smart solar energy solutions for a net-zero future, has released its 2022 Sustainability Report, summarising the firm’s efforts to pursue sustainable development of the energy industry, and its commitment to the United Nations Sustainable Development Goals. Trina Solar has brought clean energy to more than 150 countries, reducing […]

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McDonald India Invests Rs 14cr To Start 3.2MW Solar Plant In Delhi

Leading fast food chain McDonald’s India (North and East) has invested Rs 14 crore to commission Delhi’s largest solar power plant in Najafgarh. As a result, 24 percent of McDonald’s Delhi restaurants have now transitioned to renewable energy, the company said in a statement today.  With a capacity of 3.2 Megawatt (MW), the solar plant […]

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RK Singh Criticises Selected Countries For Putting Trade Barriers

Union Minister For New and Renewable Energy RK Singh has now targeted several countries which allegedly created trade barriers through several means to halt the growth of renewable energy. He said that such interventions often halted the global ambitions of countries to go net-zero. He also said that India too could put similar barriers. He, […]

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Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal

Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […]

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Sunsure Energy Pockets 4.5 MWp Solar Project From Allana Group For UP Plant

Mumbai-based Allana Group, a global leader in manufacture & export of various food and consumer products including Frozen & Chilled Halal Meat has signed a 4.5 MWp open access solar PPA with Sunsure Energy, a  leading renewable power developers. Through the PPA, Allana Group will be able to offset a significant part of the total […]

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Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit

Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […]

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Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval

The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […]

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