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clean energy

TotalEnergies Enters 1GW Offshore Wind JV in California

TotalEnergies has joined Trident Winds Inc. in the Castle Wind LLC joint venture for the development of a 1 GW offshore wind project off the coast of Morro Bay, off the Central California Coast, an official statement said. The company entered the JV and acquired the shares previously held by EnBW North America, it added. […]

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Germany seeks to be 100% Renewable powered by 2035

Germany has planned to expedite the renewable energy transition and become a net renewable and clean energy country by 2035. This means that Germany is bringing forward the national renewable targets by 15 years. The speedy transition to renewable energy will be shouldered mainly by the solar and wind energy projects. The Economy Ministry of […]

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TotalEnergies bags 3GW offshore wind plans in New York & New Jersey

TotalEnergies, a French oil and gas major, has won maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction held at the end of last week. This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration […]

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Australia’s Leading Miner Andrew Forrest to Invest $2.2 Billion in RE

Australian iron ore magnate Andrew Forrest has announced that he is investing Australian Dollar $3 billion ($2.2 billion) in renewable energy in the island country. Forrest had announced previously that he will be investing big on a global green revolution. Most of the projects for RE will be coming up in the Central Queensland region. […]

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Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe

South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […]

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SUN Mobility, cKers Finance Partner to Decarbonise Last-mile Delivery

cKers Finance, an NBFC focused on financing sustainability and clean energy in India, has provided a debt financing facility to SUN Mobility, a provider of energy infrastructure and services for electric vehicles (EVs). The capital being provided to SUN Mobility will be used to accelerate the deployment of electric vehicles integrated with SUN Mobility’s swappable […]

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EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […]

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Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market

Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […]

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Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio

Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […]

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