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APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report

The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […]

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NITI Aayog, Dutch Embassy Sign SoI on ‘Decarbonisation and Energy Transition Agenda’

NITI Aayog and the Embassy of the Netherlands have signed an SoI to support the decarbonisation and energy transition agenda for cleaner and more energy. NITI Aayog and Embassy of the Netherlands, New Delhi, signed a Statement of Intent (SoI) on September 28, 2020, to support the decarbonisation and energy transition agenda for accommodating cleaner […]

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Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally

Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […]

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The World can and Must Achieve Net-Zero Emissions by 2050: Report

A new report by ETC argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century. A new report by the Energy Transitions Commission (ETC) argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century and that “zero must mean […]

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Renewables key to Reaching Zero Emissions in Transport & Industry: IRENA

Only seven industry and transport sectors will account for 38 percent of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a key requirement to […]

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Report Finds Adani to be the Largest Solar Generation Owner Globally

A report has found the Adani Group to be the largest solar power generation asset owner in the world in terms of operating, under construction & awarded projects. A new report by Mercom Capital has ranked the top 10 global large-scale solar PV developers. And at the very top of those rankings is the Adani […]

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Schneider Electric Acquires Electrical & Automation Business of L&T

Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of India’s leading engineering, technology, construction and financial services conglomerates – Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider […]

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Saipem to Co-Develop 450 MW Offshore Wind Farm in Italy

Saipem has announced the signing of an MoU with AGNES and QINT’X to co-develop a 450 MW offshore wind farm in the Adriatic Sea off the coast of Italy. Saipem has announced the signing of a Memorandum of Understanding (MoU) with AGNES, a company that develops renewable energy projects in the Adriatic Sea, and QINT’X, […]

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EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge

EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […]

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