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100 Percent Carbon Free by 2035. The Democrat Offer For Renewable energy

Perhaps the least talked about, but most significant promises being talked up as the US presidential elections campaign warms up is the democrat push for 100 percent carbon free power production by 2035. The plan easily overshadows comparable targets for all other countries in the G20, and if implemented with even limited success, cold change […]

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ADB, IEA Renew Collaborative Agreement on Energy Sector Sustainability

ADB has renewed an MOU with IEA to scale up collaboration and advance progress on sustainability with an increased focus on energy sector resilience in APAC The Asian Development Bank (ADB) has announced that it has renewed a memorandum of understanding (MOU) with the International Energy Agency (IEA) to scale up collaboration and advance progress […]

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Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA

Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […]

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Duke Shelves ACP Plans, but Will Continue Investing in Renewables

Duke Energy has said it will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables Duke Energy has said that the company will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid […]

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Engie Sells 49% Share in its 2.3 GW US Renewables Portfolio

Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong, a leading investor in climate change solutions. […]

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Tata Power Board Approves Rs 2600 Cr Equity Raise, InvIT for RE Business

The Tata Power Board has approved the issuance of 49,05,66,037 Equity shares to Tata Sons for an aggregate consideration of Rs 2,600 crore. The Board of Directors of Tata Power has approved the issuance of 49,05,66,037 Equity shares on a preferential basis to Tata Sons for an aggregate consideration of Rs 2,600 crore. The issue […]

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Average Power Price in RTM Lowers to Rs 2.22 per Unit in June

The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […]

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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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Ireland Forms new Govt – Promising Revolution in Renewables

After long and difficult political discussions, Ireland has succeeded in forming a new government, which has promised a “revolution” in renewables. After long and difficult political discussions, Ireland has succeeded in forming a new government. The new three-party government coalition between Fianna Fáil, Fine Gael and the Green Party marks unknown territory for Ireland. The […]

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