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clean energy

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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Qatar’s First Solar Plant to Use 800 MW of LONGi’s Bifacial Modules

Located to the west of Doha over an area of 10 km2, the Al-Kharsaa project is the first solar power plant in Qatar, with a total planned power generation capacity of 800MW. The project will be equipped with Chinese manufacturer LONGi’s Hi-MO 4 bifacial modules and a tracking system. The company claims that this will […]

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Adani opens Hydrogen gambit in Fuel cell pact with Ballard Power

The Gautam Adani-led Adani Group, which has announced a massive plan to stay on top of the renewable energy space in India and even the world, has just announced its first big move into the green hydrogen space. The firm has announced the signing of a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate […]

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MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme

Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […]

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MNRE Issues Framework to Promote Decentralised RE Livelihood App

The Ministry of New & Renewable Energy (MNRE) has issued a ‘Framework for Promotion of Decentralised Renewable Energy (DRE) Livelihood Applications’. DRE technologies are basically solutions, systems or products powered by renewable energy that help people to make a living. Solar looms, solar pumps, biomass powered cold storage and so on are some of the […]

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RE Wins at World’s 1st ‘Green’ Olympics Being Held in China: Carbon Brief

The desire of the leadership in China to showcase clean energy development and make it a part of the country’s international image, while important in itself, is backed by real developments on the ground, finds UK-based Carbon Brief, a platform that specialises in the science and policy of climate change. Established in response to the 2009 Climategate […]

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