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greenhouse gas

IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW

Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […]

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EVLO to Deploy a 20-MWh Battery Storage System During Transmission Work

EVLO Energy Storage Inc. announced today that it will deploy a 4-MW / 20-MWh battery energy storage system on the Hydro-Québec grid based on the lithium iron phosphate (LFP) battery technology. The system will be deployed in the municipality of Parent as part of the work being carried out on a transmission line and will supply the […]

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AGL and Wärtsilä Collaborate on Hybrid Energy Project

AGL, Australia’s biggest energy retailer and climate polluter, is making a real effort to clean up. It announced today that it has signed an MOU with Finnish energy services provider Wärtsilä to develop new hybrid energy systems that integrate renewable behind-the-meter and off-grid technologies so as to provide its commercial and industrial customers having requirements […]

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ReNew Power Commits to Achieving Net-Zero Emissions by 2050

ReNew Power has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. ReNew Power, one of India’s leading renewable energy companies, has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. A commitment with which the Gurugram headquartered clean energy major stated that it ‘aims to help address the global climate crisis […]

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ISC & EESL Partnership Plans to Save 66.5 MkWh of Energy

The Institute for Sustainable Communities (ISC), an independent US-based non-profit organization, and Energy Efficiency Services Limited (EESL), a joint-venture company under India’s Ministry of Power, have completed another successful year of collaboration on National Motor Replacement Program (NMRP). Institute for Sustainable Communities has been an active partner to EESL right from the conceptualization and in […]

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GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund

The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […]

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CDPQ and Energize Ventures Partner to Invest in Clean Energy Technologies

Energize Ventures, a leading global alternative investment manager, and Caisse de dépot et placement du Québec (CDPQ), a global investment group, announced today the beginning of a new co-investment partnership under which CDPQ will invest up to US$125 million over the next three years in ventures that aim to accelerate the digital transformation of energy and sustainable […]

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UK Govt Announces Promising new Deal in Offshore Clean Energy Shift

UK government has announced a new North Sea Transition Deal with the oil and gas industry. Under the new deal, the government has pledged that the high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future. Providentially, this deal will support workers, businesses, […]

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JICA Signs Loan Agreement for JPY 10 billion with TCCL for Climate Change Management Project in India

Japan International Cooperation Agency (JICA) signed a Loan Agreement for a maximum amount of JPY 10 billion with Indian Non-Banking Financial Company, Tata Cleantech Capital Limited (TCCL) to support the company to offer loans to businesses across India that focus on renewable energy generation, e-mobility solutions as well as energy efficiency, to help mitigate the […]

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