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carbon neutrality

The World’s Top 5 Automakers and their EV plans

The global automotive market is pushing for electric mobility at record rates. In a world there are literally hundreds of start-up automotive firms promoting electric mobility solutions, the electric plans of the world’s top 5 automakers deserve special focus. The automobile, since its inception in 1885 by German engineer Carl Benz, has certainly taken the […]

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Enfinity Global adds to portfolio in Japan 250 MW solar portfolio worth $1 billion

Enfinity Global Inc., a leading renewable energy and sustainability services company, has announced the acquisition of a 250 MW solar photovoltaic portfolio in Japan with an enterprise value of $1 billion. This acquisition consolidates Enfinity Global’s platform in Japan and positions the company for further expansion in the country. The acquisition includes three operational large-scale solar power plants and […]

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ABB to Upgrade Eneti’s Offshore Wind Installation Vessels

South Korea-based Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) will deliver two wind turbine installation vessels (WTIV) to Monaco-based offshore wind construction giant Eneti Inc. The deal is worth $330 million and the delivery is expected between the third quarter of 2024 and second quarter of 2025. ABB – the global leader in automation, digitization […]

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Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project

Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […]

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Energy Vault Inks $100 M Deal to Deploy its Energy Storage Tech in China

Swiss energy storage firm Energy Vault has announced a License and Royalty agreement for renewable energy storage with Atlas Renewable and their majority investor China Tianying, an international environmental management and waste remediation corporation engaged in smart urban environmental services, resource recycling and recovery, and zero-carbon clean energy technologies. The agreement supports the deployment of […]

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Sungrow Gets a Role At The 2022 Beijing Winter Olympics

Sungrow, the leading inverter solution supplier for renewables, has announced that the Company supplied string inverter solutions to the PV plant installed on the rooftop of the National Speed Skating Oval (known as “The Ice Ribbon”) in Beijing. The venue will host speed skating during the upcoming 2022 Winter Olympic Games. This marks a significant […]

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BMC to Purchase Power from Hybrid Solar Plant at Maha Dam

The Brihanmumbai Municipal Corporation (BMC) signed a Memorandum of Understanding (MoU) on power generation and purchase from the proposed hybrid solar power plant at Balasaheb Thackeray Middle Vaitarna Dam, located in Maharashtra, on Sunday, according to recent media reports. The tender for the floating plant was issued in November 2020.  With a 31 month period […]

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Tata Power Tops Among India Power Utilities In S&P’s CSA Scores

Tata Power, one of India’s largest integrated power companies, secured the highest score among its peers in the Indian Power sector in S&P Global’s recently released Corporate Sustainability Assessment (CSA) results. ESG parameters are becoming increasingly relevant as markets across the world start to consider these for critical issues such as financing. Tata Power has […]

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EKI Energy Services Expands Ambition, Scale with JV with Shell, Office In Dubai

As companies get more aware about carbon goal setting, relevance of carbon credits too, appears to be gaining traction. That means an expanding opportunity for EKI Energy Services, a firm that is focused on the carbon credits and trading market. The Manish Dabkara led EKI Energy Services Limited and Shell Oversea Investments BV’s have announced […]

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