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ACEN Completes World’s First ETM Transaction, Retiring Out Coal Plant

ACEN, the energy platform of the Ayala Group, has disclosed the full divestment of the South Luzon Thermal Energy Corporation (SLTEC) coal plant using the energy transition mechanism (ETM), the first ETM deal in the world. The official statement by ACEN informs that the landmark transaction will enable the early retirement of the 246-MW coal […]

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Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project

Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […]

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Boliden to Reduce Carbon Footprint of Dogger Bank Offshore Wind Farm

Swedish mining and smelting company Boliden has announced that the world’s largest offshore wind farm, Dogger Bank, has chosen to use low-carbon copper from Boliden in the high-voltage offshore export cable systems for the third phase of the project which is called ‘Dogger Bank C.’ Boliden said that by using Low-Carbon Copper, the CO2-footprint of […]

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Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program

Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […]

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MSEDCL Invites Bids From Across The World For Power From 500 Mw

Taking a different path from previous bids, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids from across the world to procure power from 500 MW of intrastate grid-connected solar power projects (Phase-VII) for 25 years. Previous bids meant for purchase of power were invited from both interstate or intrastate grid connected solar projects. […]

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Power Minister Calls for International Credit Guarantee and RE Bank for RE Development

While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […]

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Hopcharge launches ‘world’s first doorstep EV charging service’ in India

The success of electric vehicles in a developing country like India depends on the availability of quality infrastructure; to begin with – battery charging option. A Gurgaon-based start-up Hopcharge has launched doorstep electric vehicle charging service after a successful testing round in some parts of Gurgaon. This is being hailed as the world’s first on-demand […]

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Construction of World’s Largest Green Industrial Park Kicks off in Indonesia

Indonesia has begun the construction of what is being hailed as the world’s largest green industrial park in Bulungan district on the country’s second-largest island of Kalimantan. “We hope that this will be the largest green industrial park in the world, not only in North Kalimantan, not only in Indonesia, but in the world,” Indonesian […]

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Tata Steel UK Plant Helps Build World’s Largest Offshore Wind Farm

Steel made at Tata Steel’s Port Talbot plant in Wales is behind the world’s largest offshore wind farm due to be completed by 2026, the Indian steel major said on Wednesday. The Dogger Bank Wind Farm, capable of providing green energy for 6 million homes in the UK, will make use of steel processed into […]

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