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fossil fuels

Subsidies & Fines Not The Only Prescription for Transport in India

The United states environment Protection agency (EPA), in its greenhouse gas emissions report for 2017, had blamed Transportation for 28.9 percent of total US emissions, with electricity at 27.5 percent coming a close second. As an activity that services virtually every sector of the economy, getting a fix on this has been the obvious, and […]

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Stanford Scientists Develop new Plan to Achieve 100% Renewable Energy

A team of scientist from Stanford have outlined new steps that 143 countries can take to attain 100 percent clean, renewable energy by the year 2050. A team of scientist from Stanford University have outlined new steps that 143 countries around the world can take to attain 100 percent clean, renewable energy by the year 2050. The […]

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ADB to Invest $1 bn for Renewable Transition in the Pacific

ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […]

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Ørsted Secures Funding for Renewable Hydrogen Project

Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […]

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GWEC and OLADE Partner to Drive Energy Transition in Latin America

GWEC and OLADE have signed a Memorandum of Understanding (MoU) for promoting energy security and to drive the energy transition in Latin America. The Global Wind Energy Council (GWEC) and OLADE, the Latin American Energy Association, have announced they have signed a Memorandum of Understanding (MoU) to drive the energy transition in Latin America. Both organisations […]

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India Assures RE Developers of Pro-Business Policies at COP 25

The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […]

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India Calls for Faster Expansion of ISA at COP 25

Prakash Javadekar at the COP 25 summit has stressed that more and more countries should join the ISA and that there is a need to speed up this alliance Union Environment Minister Prakash Javadekar stressed on his point that more and more countries should join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet their […]

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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India

ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […]

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