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fossil fuels

European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen

The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […]

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As Usage Increases, 30% of Two-Wheelers Will Be Electrified by 2030

According to a recently published survey report, new manufacturers will drive the transition toward electric two-wheelers, which will account for 30% of the country’s market by 2030. By 2030, passenger cars will be 15% electric, and three-wheelers would be 75% electric, according to a BNP Paribas analysis entitled “India Autos—Electric vehicles: Minutes to midnight.” The […]

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Uttar Pradesh RFP Targets 50 MW Solar On Govt Buildings

As part of its new renewable energy plan, the Uttar Pradesh government is looking to establish rooftop solar projects on state offices and government and semi-government buildings. The nodal agency, the department of the New and Renewable Energy Development Agency (NEDA), has already issued an online request for proposals from interested parties for the designing, […]

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Steinbeis, Waaree Energies, DSE Consortium Germany Partner for Green Hydrogen in India

Hyderabad-based Steinbeis Centre for Technology Transfer India has said that it has inked a Memorandum of Understanding (MoU) with Waaree Energies and DSE Consortium Germany, under which, the three entities will collaborate to establish an assembly line for the production of electrolysers and polysilicon in India. The collaboration will also delve into implementing solar thermal […]

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Vattenfall To Develop 1-GW Offshore Wind Farm in Germany

Vattenfall has announced that it has informed the German Authorities that it has exercised its ‘Right of Entry’ in the N-7.2 Wind Power Project. The right to entry is a part of the tender process for the construction of a large wind farm off the German island of Borkum in the German North Sea coast. […]

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DRE In Solar Provides Employment Boost says PowerForAll Report

Power for All, the global campaign to end energy poverty, today released its second Decentralized Renewable Energy (DRE) jobs report supported by GET.invest, Good Energies Foundation, and The Rockefeller Foundation. The industry’s most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs. The […]

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What Are Climate Bonds?

According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […]

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Siemens Commissions One of Germany’s Largest Green Hydrogen Facility

Global RE conglomerate Siemens has said that it has commissioned one of Germany’s largest green hydrogen generation plants in Wunsiedel, Upper Franconia. Bavaria’s Minister-President Markus Söder, Siemens Managing Board member Matthias Rebellius and Financial Services CEO Veronika Bienert handed over the plant to the operating company WUN H2, represented by Managing Directors Thilo Rießner and […]

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IISD Report: India’s State Owned Energy Enterprises, 2020–2050

A study titled “India’s State Owned Energy Enterprises, 2020-2050” was released by the IISD (International Institute for Sustainable Development). India has established itself as one of the leading growing economies in support of climate action. It has demonstrated leadership in the expansion of renewable energy, setting a goal to install 500 GW of non-fossil electricity […]

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