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clean energy transition

AES Achieves 2019 Strategic and Financial Goals Thanks to Green Push

The AES Corporation has reported its financial results for 2019, claiming to have met all its strategic and financial goals by accelerating its green energy push. The AES Corporation has reported its financial results for the year ended December 31, 2019, claiming to have met all its strategic and financial goals for the final year […]

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Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California

Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […]

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Research Shows Pairing Wind With Storage Critical for RE Future

A new report examines the use of energy storage for wind integration, covering existing and upcoming projects, the landscape, and expected market growth. A new report from Navigant Research examines the use of energy storage for wind integration, covering existing and upcoming projects, the competitive landscape, and expected market growth. The report, Optimizing Wind Power Plants with Energy Storage, […]

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LONGi Solar Announces Project, Module Contracts Worth 313 MW

China’s leading solar technology company LONGi solar has announced solar project involvements worth a combined 313 MW in Mexico and Chile. China’s leading solar technology company LONGi solar has announced solar project involvements worth a combined 313 MW in Mexico and Chile. The first is the groups’ involvement in the Pachamama photovoltaic power plant, located in the […]

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JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives

JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […]

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State Fund, Engie to Build Solar, Storage & EV Charging Stations in California

The State Fund and Engie North America have announced an agreement to build solar panels, energy storage systems, and EV charging stations across California The State Compensation Insurance Fund (State Fund) and Engie North America have announced an agreement to build solar photovoltaic (PV) panels, energy storage systems, and electric vehicle (EV) charging stations across […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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Standard Chartered Commits $35 Bn Towards Renewable Projects

Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […]

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EDF JV Acquires British Electric Vehicle Charging Firm Pod Point

EDF has indirectly taken the control of Pod Point, one of the largest EV charging companies in Great-Britain, through a JV with Legal & General Capital EDF in the UK has indirectly taken the control of Pod Point, one of the largest electric vehicle (EV) charging companies in Great-Britain. This acquisition is performed through a […]

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