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ACWA Power, EBRD sign pact for Renewable Energy Infra Projects

Key Saudi Arabian power generator and RE player ACWA Power Company has announced that it has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development (EBRD). The pact was announced on the side lines of the Future Investment Initiative Forum, which took place in Riyadh. The […]

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Panasonic Demonstrates New Technology Solution to Optimise Renewable Energy

Global electronics and RE late entrant Panasonic has announced that it has developed an innovation to enhance renewable energy. The company has introduced an experiment called ‘H2 KIBOU FIELD’ at the Kusatsu factory in Shiga Prefecture, Japan. In the novel experiment, Panasonic found that battery storages, pure hydrogen fuel cell generators and solar PV generators […]

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Asian Development Bank to Fund Bhutan’s First Utility-Scale Solar Project

Bhutan may well be moving beyond hydropower as far as renewable energy development in the Himalayan country is concerned. In a key development, the Asian Development Bank (ADB) has approved a $18.26 million financing for the construction of the first utility-scale solar photovoltaic power plant in Bhutan. The official statement by ADB held that the […]

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PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022

As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […]

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Rajasthan To Get 1 GW Solar Power Plant By ONGC

Oil and Natural Gas Corporation (ONGC) is planning to build a 1 GW solar power plant in Rajasthan as a crucial step toward gaining a footing in the green energy sector. The management stated that the company has made contract with the state government to find 5000 acres of land to house its planned 1 […]

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Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project

American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […]

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Apple Aims for Decarbonization by 2030

American multinational technology firm Apple has called on its global supply chain to look into the challenge of its greenhouse gas emissions and embrace the decarbonization route. On the Path of Decarbonization Apple, which is now aiming for decarbonization by 2030, will look into the operations of its major manufacturing partners so that the firm […]

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IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia

A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can  help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […]

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Singapore Aims for Low-Carbon Hydrogen Towards Net-Zero by 2050

In a bid to march towards its net-zero goal, Singapore has set its sights on pursuing low-carbon hydrogen as part of its decarbonisation efforts. The Deputy Prime Minister of Singapore, Lawrence Wong, who is also its Finance Minister, has disclosed that the country will accelerate its climate goal to accomplish net-zero by 2050 as part […]

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