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energ transition

Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding

ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […]

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China takes Global Lead in Renewable Energy Investments

China’s overseas investment in renewable energy projects jumped last year by 60 percent to a record $32 billion (30 billion euros), marking its leadership in the global market for clean energy, as reported on IEEFA. In 2016, China finalized 11 foreign deals worth more than a billion dollars each, and is expected to pick up […]

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Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects

HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind  and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm.  HFE signed an agreement with IFC […]

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BrightSource Energy Switches from Oracle to Rimini Street for Support of Four Oracle Product Lines

Rimini Street, Inc., the leading global provider of independent enterprise software support services for SAP SE’s Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’s Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail, Oracle Agile PLM and Oracle ATG Web Commerce software, today announced that BrightSource Energy, a global […]

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Dalmia Cement, Swiss Re and Helvetia Pledge to ‘Use Better Energy Better’

India’s Dalmia Cement, one of the world’s greenest cement company, and Swiss insurer Helvetia, have committed to 100% renewable electricity through RE100; a global, collaborative initiative of influential businesses working to massively increase demand for and delivery of renewable energy. RE100 is led by The Climate Group in partnership with CDP. The news comes on […]

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Mercedes-Benz Energy Storage Launched in US

Daimler AG expanded its stationary energy storage business to the U.S. market with the launch of Mercedes-Benz Energy Storage. Newly established Mercedes-Benz Energy Americas, LLC is assuming the development and sales of stationary energy systems for residential, commercial and utility applications for the North-American market. The company has Boris von Bormann, U.S. solar industry expert as […]

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