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Financial Services Firm Visa Reaches 100% Renewable Electricity Goal

Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […]

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Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal

Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […]

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Volkswagen to Become World’s Largest EV Manufacturer by 2028

Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […]

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Electricity Procurement Contracts Down 11% in December 2019: Report

Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […]

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Enel Starts Operation of 475 MW of Solar Capacity in Brazil

Enel Group’s Brazilian renewable subsidiary has started operations of the 475 MW section of São Gonçalo solar PV plant in the northeastern state of Piauí The Enel Group’s Brazilian renewable energy subsidiary Enel Green Power Brasil Participações Ltda. (EGPB) has started operations of the 475 MW section of São Gonçalo solar PV plant, located in […]

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NEC Energy to Provide 100 MW Storage Projects in Northern Ireland

NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF). NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF) and project developer Low Carbon. […]

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IEA Launches its First in-Depth Review of India’s Energy Policies

The International Energy Agency (IEA) in partnership with NITI Aayog has recently released its first in-depth review of India’s energy policies. The International Energy Agency (IEA) has, in partnership with NITI Aayog, recently released its first in-depth review of India’s energy policies. The report highlights the achievements of India’s energy policies and provides recommendations to […]

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Solar Plant set up at NIT Agartala to Save Rs 60 Lakh in Energy Bills

A one MW capacity solar rooftop power plant was recently commissioned at NIT Agartala and will save energy valued at Rs 60 lakh per year A one MW capacity solar rooftop power plant was commissioned at the National Institute of Technology (NIT) Agartala and is expected to save energy valued at Rs 60 lakh per […]

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Ørsted Begins Work on its 752 MW Offshore Wind Complex in Netherlands

Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the 1st foundations at the 752 MW Borssele 1 & 2 offshore farm Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the first foundations at the 752 MW Borssele 1 & 2 offshore wind farm, […]

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