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Storage Emerging As Issue For Europe’s RE Growth

Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […]

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EPR Realty Completes Solar Pilot Program with REACH Commercial 2020 Company

Energy-Producing Retail Realty, Inc. (‘EPR2’), an investor in and developer of EPR/energy rights and a member of the REACH Commercial Class of 2020, has announced the completion of its EPR-Solar Pilot Program with Basin Street Properties (‘BSP’), a leader in commercial real estate in Northern California and Nevada. The Pilot Program comprises three solar projects […]

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Green Finance Recovery Mechanism Needed in Southeast Asia: ADB

ADB has urged policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze investments required for climate-adjusted infrastructure in the region by 2030. A new book by the Asian Development Bank (ADB) urges policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze the estimated […]

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Pandemic is Hurting but not Halting Global Renewable Growth: IEA

The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […]

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UPenn Announces PPA for Largest Solar Project in Pennsylvania

UPenn has signed a PPA for the creation of a 220 MW solar power project moving it significantly closer to meeting its carbon-neutral by 2042 commitment The University of Pennsylvania (UPenn) has signed a Power Purchase Agreement (PPA) for the creation of a solar power project moving the University significantly closer to meeting its commitment […]

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Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead

American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […]

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PepsiCo Targeting 100% Renewable Electricity in the US

PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […]

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SaaS Firm Zoho Goes Greener with 5MW Solar Plant in TN

Zoho Corp, one of the biggest tech success stories from India in the Software-as-a-Services (SaaS) domain, has decided to set another marker for its green credentials. The firm, which reportedly grows food in its farms, in Tirunelveli, that is used in its employee canteen  in Chennai has decided to source some of its energy requirements […]

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EDF Renewables and Shell Sign PPA for 132 MW Solar Power

EDF Renewables and Shell Energy have signed a 15-year PPA related to a 132 MW tranche of the Palen Solar site known as Maverick 7 Solar Project. EDF Renewables North America and Shell Energy North America have announced the signing of a 15-year Power Purchase Agreement (PPA) related to a 132 megawatt (MWac) tranche of […]

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