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Renewable energy generation

Marubeni and EGCB to Jointly Develop Feni Solar Plant in Bangladesh

Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MoU”) with Electricity Generation Company of Bangladesh Limited (hereinafter, “EGCB”), an electricity and utility company owned by the Bangladesh Development Board (hereinafter, “BPDB”). The MoU is regarding the joint development of the 100MW Solar PV Power Plant Project in Chittagong, Feni, southeast of People’s Republic […]

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JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment

JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […]

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Statkraft to Build Three Wind Farms Worth 102 MW in Chile

European renewable energy generator – Statkraft has announced that it will build its first wind farms in Chile, expanding its renewable energy generation capacity in the South American country amid increasing demand for hydro, wind and solar power in the southernmost nation in the world.  Combined with the company’s existing hydropower assets, Statkraft will reach […]

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LONGi Signs up for Green Hydrogen With Special Unit

LONGi Green Energy, the largest solar manufacturer globally, has gone ahead and incorporated a business unit in March to explore and get in early into the green Hydrogen market. LONGi has a targeted manufacturing capacity of 40 GW in modules, 20 GW in cells, and mono ingots at 65 GW. The move by LONGi really […]

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DTE Electric Company Completes Third Green Bond Offering

$1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […]

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JICA Signs Loan Agreement for JPY 10 billion with TCCL for Climate Change Management Project in India

Japan International Cooperation Agency (JICA) signed a Loan Agreement for a maximum amount of JPY 10 billion with Indian Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the […]

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Black & Veatch to Assess Feasibility of World’s Largest Green Hydrogen Plant

Black & Veatch will undertake feasibility studies central to the development of the world’s largest green hydrogen plant. When operational, Enegix Energy’s Base One facility in Ceará, Brazil, will produce more than 600 million kilogrammes of green hydrogen annually. The highly ambitious new-build electrolysis facility will be powered entirely by renewable energy, initially 3.4 gigawatts […]

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25% of Urban Population Lives in a City with RE Target, 18% in India: Report

A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […]

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Siemens Gamesa to Supply New Zealand’s 2nd Largest Wind Farm

Siemens Gamesa will supply 41 of its wind turbines for New Zealand’s second largest wind farm to Meridian Energy, strengthening its leading position in the country’s wind energy market. Following its expected commissioning in 2023, the 176 MW Harapaki wind farm will generate sufficient renewable energy to power over 70,000 local average households and support […]

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