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Sustainable Energy

Canadian Solar Announces Plan to Repurchase $150 mn in Shares

Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period beginning December 9, 2019, and ending June 8, 2020.  […]

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UP Govt Clears Proposal for Operation of 700 Electric Buses

Uttar Pradesh Government has cleared a proposal for the operation of 700 electric buses as part of the public transport system in 14 cities across the state The Uttar Pradesh Government has cleared a proposal for the operation of electric buses as part of the public transport system in 14 cities across the state. UP […]

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All Future Delhi Metro Buildings to Accommodate Rooftop Solar: DMRC Chief

All future buildings of Delhi Metro will be designed to straight away accommodate rooftop solar panels, DMRC chief Mangu Singh has said. All future buildings of Delhi Metro will be designed to straight away accommodate rooftop solar panels and to eventually get top score from green building rating authorities, DMRC chief Mangu Singh has said. Addressing a gathering at the fourth edition of National Conference […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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Iberdrola Secures €690 mn Loan From EIB at COP25

At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […]

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Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets

Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […]

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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power

Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […]

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Okaya Bags Major Order from REIL; To Commission Over 200 EV Chargers

The company will be commissioning its multi standard EV chargers in all metro cities and major highways, starting from Delhi-Jaipur-Agra, Mumbai-Pune. Country’s one of the leading brands in the battery and inverter manufacturing space, Okaya Power Group (OPG) has secured major contract from a mini-ratna PSU of the Government of India, Rajasthan Electronics & Instruments […]

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