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climate change

CESL Supports Delhi government’s EV Adoption, Aim for 1,000 Charging Stations

Since the Delhi Government is pushing EV adoption in the state so hard, it has mandated all its departments, autonomous bodies, and grantee institutions to shift their existing fleet of hired conventional fuel vehicles to electric variants within six months. Unitedly, the Convergence Energy Services Ltd (CESL), has announced support for the Delhi government’s switch […]

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JinkoSolar 1st Solar Firm to Sign Global Framework Principles for Decarbonizing Heavy Industry

JinkoSolar has announced that it is the first international solar company to have signed on to the Global Framework Principles for Decarbonizing Heavy Industry (“Framework Principles”), as part of its efforts to continue supporting the decarbonization of the heavy industry sector in favor of a transition towards clean energy. Mr. Dany Qian, JinkoSolar Vice President, commented, “I […]

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EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030

EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […]

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Sterling and Wilson To Launch EV Charging Infrastructure, Partners With Enel X

Engineering, procurement, and construction (EPC) major, Sterling and Wilson will soon be entering the Indian electric mobility segment with the launch of electric vehicle (EV) charging infrastructure. The company has announced its 50-50 partnership with Enel X, a subsidiary of Enel Group, innovative products, and digital energy solutions provider, to make the move into e-mobility. […]

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Bright future of Hydrogen Fuel Cells in India

Road transport today is responsible for a significant and growing share of global anthropogenic emissions of CO2. Moreover, it is almost entirely dependent on oil-derived fuels and therefore highly vulnerable to possible oil price shocks and supply disruptions. Improving road transport requires all these issues to be addressed. Introducing alternative transport fuels and vehicles will […]

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SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy

Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […]

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Delhi Government to Transit Entire Vehicle Fleet to EVs in 6 Months

The Finance Department of the Delhi Government has yesterday announced that the entire hired vehicle fleet of the government to be switched to Electric Vehicles (EVs) under a deadline of 6 months. The Policy Division of Finance Department has released an Office Memorandum, which reads “The Transport Department of Delhi has decided that all departments, […]

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Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments

Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […]

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Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA

Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […]

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