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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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Hyundai Begins Feasibility Study for Fuel Cell EVs in India

Hyundai India has initiated a feasibility study to bring in fuel cell EVs in the country. Hyundai Motor India has announced that the firm has initiated a feasibility study to bring in fuel cell electric vehicles (EVs) in the country. “Progress for humanity with zero-emission mobility is our responsibility and vision to make a long […]

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Survey Finds Govts Should Take Stronger Action on Energy Efficiency

Governments need to take stronger action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey by the IEA Governments need to take stronger policy action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey conducted by the International Energy Agency (IEA). The survey […]

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Pacifico Energy Raises $265 mn for its Second Solar Fund

Pacifico Energy has successfully completed the launch of its second solar investment fund at USD 265 million Pacifico Energy has announced that it has successfully completed the launch of its second solar investment fund (Fund II) at USD 265 million or 29 billion Yen. Fund II will be comprised of five Japanese solar power plants […]

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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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Facebook Signs PPA for Procuring 61.6 MW Solar Energy

Apex Clean Energy has announced that Altavista Solar has executed a PPA with Facebook for a 61.6 MW portion of the project. Apex Clean Energy has announced that Altavista Solar has executed a power purchase agreement (PPA) with Facebook for a 61.6 MW portion of the project. Altavista Solar will become the first solar energy […]

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