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green energy

27 Countries Pledge $9.776 bn to Replenish the Green Climate Fund

27 countries have pledged to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four years, with more contributions expected The shared urgency of addressing climate change took a big step forward with 27 countries pledging to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four […]

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Growth of Renewables Could Boost Green Hydrogen Production: Report

The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Mining Operations in Australia to be Powered by Renewable Energy

Western Australia’s Pilbara region will be the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. Western Australia’s Pilbara region is set to be home to the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. On […]

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Wells Fargo Enters its Largest Solar Energy Deal

Wells Fargo has announced a 10-year structured renewable energy agreement for procuring nearly 62,000 MWh of solar energy annually to power its Texas operations. Wells Fargo has announced a 10-year structured renewable energy agreement with Reliant, an NRG Energy company, for procuring nearly 62,000 Megawatt-Hours of solar energy annually to power a bulk of its […]

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Pattern Energy Completes Largest Single-Phase Wind Project in Canada

Pattern Energy has announced the completion of the 300 MW Henvey Inlet Wind power facility in Canada. Pattern Energy and Nigig Power Corporation have announced the completion of the 300-megawatt (MW) Henvey Inlet Wind power facility in Ontario, Canada. Pattern Development and Nigig Power Corporation, a wholly-owned subsidiary of Henvey Inlet First Nation, are joint venture […]

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Enel Commissions Largest Wind Energy Facility in Greece

Enel Green Power Hellas has commissioned the Kafireas wind farm complex, the largest of its kind in Greece with an overall capacity of more than 154 MW. Enel, through its Greek renewables subsidiary Enel Green Power Hellas (EGPH), has connected to the grid its new Kafireas wind farm complex, which is the largest of its […]

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Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific

UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […]

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AfDB, CIF and CGC to Develop Green Financing Instruments for Africa

AfDB, in partnership with the CIF, has commissioned the CGC to prepare a study on the creation of national climate change funds and green banks in Africa. The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation […]

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