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climate change

Senior Associate – Sustainability

We’re recruiting customer care focused Sustainability Specialist with consulting experience in the domain of ESG and Sustainability to join in our Sustainability, Assessment & Assurance team to help us achieve our vision and goals. This is an exciting opportunity to take an active role supporting the delivery of projects and ensuring service excellence for clients.  We […]

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RE Expansion Need Not Hinder Conservation Efforts, finds Study

A study led by the University of Southampton has found that the expansion of renewable energy (RE) production sites in the future won’t necessarily be a threat to protected areas of land. Researchers from Southampton studied if expanding land use requirements for wind and solar infrastructure would impact the ability to preserve biodiversity. They used […]

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WPD Eyes 1.9GW Offshore Wind Projects in Black Sea, Romania

German company WPD has applied to develop two offshore wind farms in the Black Sea off the Romanian coast. The total proposed capacity of the projects is 1.9GW. Two separate companies have been established, namely, the Black Sea 1 (with a capacity of 500MW) and the Black Sea 2 (with capacity up to 1.4GW), said […]

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Budget 2022. Keep Up The Good Work, Says FM To RE Sector

In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […]

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SBI Partners with Tata Power for Financing Solar Projects

With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […]

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UK’s NextEnergy Capital Raises Record $896 M for Solar Infra Fund

London-based NextEnergy Capital recently said that it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD countries – its biggest private fund to date. While there may exist larger solar-focused funds with more restrictive geographic focus, the firm assured that its latest was the biggest […]

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Tube Investments to form Subsidiary to Increase Focus on Clean Mobility

Murugappa group company Tube Investments of India (TII) will form a new 100% subsidiary which will consolidate its electric three-wheeler and other EV-related ventures. Through this clean mobility subsidiary, Tube Investments of India (TII) will acquire around 70% controlling stake in Cellestial E-Mobility for an investment of Rs 161 crore. The acquisition would be through […]

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Vistra Announces Expansion Of California Storage Facility To 3000 MWh

Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California. The company has entered into a 15-year resource adequacy agreement with Pacific Gas and Electric Company (PG&E) for a new 350-megawatt/1,400-megawatt-hour battery system. This would complement the existing 400 MW/1,600 MWh of energy storage capacity already at the site. On Jan. 21, 2022, PG&E filed its application with the California Public Utilities Commission (CPUC) […]

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CESL Launches Massive 5500 cr Tender For Electric Buses

Giving a big thrust to the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), today announced the floating of a request for proposals for the biggest ever demand for electric buses, under the ‘Grand Challenge’ – a set of homogenized […]

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