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Werner Enterprises Announces First Electric-Powered Truck Pilot Program

Werner Enterprises has announced its first electric-powered truck pilot program. The 2019 Peterbilt 579 EV Class 8 electric truck will run for a year in Southern California. Werner Enterprises, a premier transportation and logistics provider, has announced its first electric-powered truck pilot program. The 2019 Peterbilt 579 EV Class 8 electric truck will run for […]

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Siemens Gamesa Selected for Largest US Offshore Wind Project

Siemens Gamesa has been named as the preferred turbine supplier for the 2.64 GW Dominion Energy Virginia Offshore Wind project in the US. Siemens Gamesa Renewable Energy (SGRE) has been named as the preferred turbine supplier for the massive 2,640-MW Dominion Energy Virginia Offshore Wind project in the US. This is the largest offshore wind […]

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Vestas Announces Target to Become Carbon Neutral by 2030

Vestas has worked with customers to reduce greenhouse gas emissions and now it plans to be a carbon-neutral company by no later than 2030 For Vestas, the reality of the climate crisis is at the centre of its business. In more than 40 years of pioneering and leading the wind energy industry, it has worked […]

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Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch

Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […]

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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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LS Power to Acquire EV Charging Solutions Firm EVGo

LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US LS Power, a US power and energy infrastructure owner, has announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the largest and most […]

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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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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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Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets

Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […]

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