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RWE to Invest €50 B to Reach 50 GW RE Capacity by 2030

“Greener, bigger, more valuable – that is RWE in 2030. For the first time, the company is providing details of what it will look like by the end of the decade,” states Germany’s largest power producer. With its new strategy ‘Growing Green’, RWE will invest a significant sum, worth €50 billion, in its core business […]

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India Invites GCC Nations to Invest in Sustainable Energy Sectors

India invited the Gulf Cooperation Council (GCC) member countries on Tuesday to invest in the sustainable energy sectors in the country, which is one of the major focus areas of the government. Addressing the representatives of the GCC countries at India pavilion EXPO2020 Dubai, Mr Vipul, Joint Secretary, Gulf, MEA said that India’s sustainable energy […]

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Australia Plans $740 M Fund to Develop Low-emissions Tech

Australia will establish a A$1 billion ($740 million) fund to invest in companies that develop low-emissions technology, the country’s Prime Minister, Scott Morrison, said on Wednesday, as Canberra seeks to cut carbon emissions to net zero by 2050. Under the plan, the federal government in Australia will commit A$500 million to the fund, matched by […]

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Decoding The Reliance Gambit In Renewable Energy

It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […]

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IOC Plans to Install 10,000 EV Charging Stations by 2024

India’s leading oil manufacturing company Indian Oil Corporation Ltd. (IOC) has decided to join the EV bandwagon by offering to set up electric vehicle charging stations across the country. The company has announced that in order to help widen India’s EV infrastructure, it will install 10,000 EV chargers across the country by 2024. The announcement […]

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Beyond Net Zero at 2070. PM Modi Makes Key Promises For India At COP26

Prime Minister Narendra Modi, in his speech at the COP26 Glasgow on November 1, did make a concession to activists demanding a net zero target from India. 2070. If that seems underwhelming (China has a commitment of net zero by 2060), then you might miss the really important part of his promises. The 500 GW […]

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At G20 Summit Session PM Modi Puts Focus Squarely On Funding

Addressing an issue that the developed world has increasingly shied away from, and considered a major responsibility of the historicalcally high emitters among them, Prime Minister Narendra Modi put the focus squarely back on funding in his speech at the G20 session on Climate Change and Environment. Coming just ahead of the COP 26 summit […]

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Renew Power On Fortune ‘Change The World’ Top 10 list

ReNew Power (NASDAQ: RNW), has been ranked 10th by Fortune Magazine in its annual “Change the World” list for 2021, the highest rank achieved by an Indian company in this year’s list. The annual list by Fortune recognizes leading businesses that are working to improve human condition even as they pursue their business goal of seeking […]

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