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Net Zero Carbon

First Solar Bags 5.4GW Module Order from bp & Lightsource bp

First Solar has won multi-year orders for up to 5.4 gigawatts photovoltaic (PV) solar modules from global solar leader Lightsource bp and integrated energy company bp. As part of the deal, Lightsource bp and bp have placed orders for approximately 4.4GWDC of modules, with options for an additional 1GWDC. Lightsource bp has agreed to procure up […]

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France, UAE to Join Forces on RE and H2 Projects

French finance minister Bruno Le Maire said on Sunday that France will work with the United Arab Emirates (UAE) on new projects in the energy sector including renewables and hydrogen fuel. “Reaching zero carbon emissions by 2050 is an important goal, and we want to work with the UAE on this fight on climate change,” […]

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Aker, Hanwha, REC to Explore US Solar Value Chain Expansion

Aker Horizons ASA’s wholly owned subsidiary Aker Horizons Holding AS has entered into an agreement with South Korea’s Hanwha Solutions Corporation and REC Silicon ASA. Hanwha Solutions will acquire 21,891,275 shares in REC Silicon from Aker Horizons and will subscribe for 48,213,001 new shares in REC Silicon through a private placement in REC Silicon. Both […]

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Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF

Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […]

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Taiwanese Firm Delta Selected for DJSI “World Index” for 11th Yr in a Row

Taiwanese electronics manufacturing company Delta Electronics has been selected for the DJSI World for the eleventh consecutive year and the DJSI-Emerging Markets for the ninth consecutive year in the evaluation of the 2021 Dow Jones Sustainability Indices (DJSI), an indicator of global corporate competitiveness, said the firm in its latest statement. “This year, Delta achieved […]

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Scottish RE Trade Body Urges UK to Reform Grid Charging Regime

Industry body Scottish Renewables has reaffirmed its calls for the UK Government and Ofgem, the energy regulator, to work together in the spirit of COP26 to achieve a solution to the Transmission Network Use of System (TNUoS) charging regime, as the government had previously committed to do in its recent energy white paper. The current […]

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UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030

Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […]

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NTPC, Indian Oil Collaborate on Renewable Energy

NTPC Ltd. and Indian Oil have signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low carbon/RE RTC captive power. This is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country’s commitment to achieve renewable […]

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Electric Vehicle Sales Set to Jump 80% in 2021: Report at COP26

Passenger electric vehicle sales are set to jump over 80 per cent in 2021 to 5.6 million units, off the back of unprecedented industry and government commitments around the world over the last two years, according to the Zero-Emission Vehicles Factbook, a special report published on Wednesday by BloombergNEF (BNEF), at the request of the […]

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