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climate change

$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments

The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […]

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Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025

The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […]

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Battery Management System Market Is Projected To Reach $11.17 Billion By 2025: Report

According to a report published by Grand View Research, The growing penetration of UPS solution in businesses to counter data loss is expected to spur the demand for Battery Management System Market. Lithium-ion batteries are used in applications requiring high-energy density solutions.   According to a report, “Battery Management System Market Analysis By Battery Type […]

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India and Chile Should Jointly Promote Solar Energy Globally : President

Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change.  President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability.  Kovind, who arrived after visiting […]

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Sydney Sets 100% Renewables Target For 2030

The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […]

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Tata Power-DDL Sensitizing Over 1 Million Consumers to Make ‘Earth Hour’ a Success

Tata Power Delhi Distribution (Tata Power-DDL), is sensitizing over 1 million consumers to join WWF’s global campaign for raising awareness on climate change issues – ‘Earth Hour’. ‘Earth Hour’ will be observed worldwide on Saturday, March 30, wherein people and institutions from across the world will switch off their electrical appliances and non-essential lighting for […]

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […]

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China’s Target of 20% Renewables by 2030, Considerably Harder

Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications.  China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […]

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AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo

The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […]

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