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environmental

Enel and ESA to Foster Energy Security and Space Applications of Energy

Enel and ESA are cooperating to promote the development of space-applications in support of energy security as well as economic and environmental sustainability Enel and the European Space Agency (ESA) are cooperating to promote the development of space-applications in support of energy security as well as economic and environmental sustainability. Through this cooperation, in the first half […]

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Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy

Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […]

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Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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Good, But Not Good Enough: Solar Energy Growth in Light of the Paris Agreement

From December 2-13, UN Secretary-General António Guterres is hosting the UN Climate Change Conference (COP25) in Madrid, where global leaders are discussing their environmental agendas and specifying their nationally determined climate contributions. With solar playing a key role in the decarbonization of the energy sector, it is time for REC Group to take stock of […]

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EDPR Forced to Stop Work on 100 MW Wind Project in Ontario

EDPR has been forced to halt all construction activities for its 100 MW Nation Rise Wind Farm in Ontario after its Renewable Energy Approval was revoked EDP Renewables Canada (EDPR) has issued in a company statement that the firm strongly objects decision made by the Ontario Minister of the Environment, Conservation and Parks’ to revoke […]

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Vestas Bags 185 MW Wind Turbine Order in Chile

Vestas has received a 185 MW wind turbine order from Mainstream Renewable Power for the Cerro Tigre wind farm in Chile. Vestas has announced that global wind and solar development company, Mainstream Renewable Power has placed a 185 MW wind turbine order for the Cerro Tigre wind farm, to be located in the Antofagasta region, […]

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World’s First Fully Electric Commercial Aircraft Takes off in Canada

The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. “This proves that commercial aviation in all-electric form can work,” said Roei Ganzarski, […]

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ADB Meets Commitment to Double Annual Climate Financing to $6 bn

ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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