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Fast-Track Energy Transitions to Win the Race to Zero

World Energy Transitions Outlook outlines global strategies towards carbon-neutrality and leads way to a climate-safe 1.5°C pathway by 2050 Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (IRENA). Renewable power, green hydrogen and modern bioenergy will dominate the world […]

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Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda

IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […]

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Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report

An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […]

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Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra

Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […]

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Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko

ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […]

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India Will Reach Paris Agreement Targets Ahead of 2030: PM Modi

Prime Minister Narendra Modi on Friday has been awarded with Cambridge Energy Research Associates Week (CERAWeek) Global Energy & Environment Leadership Award for commitment to energy sustainability, environment. Thanking the award, PM Modi said, “It is with great humility that I accept CERAweek Global Energy & Environment Leadership Award. I dedicate this award to the […]

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Renewable Energy Integration is India’s Next Big Challenge: IEEFA

According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […]

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Union Cabinet Approves MoU Between India and France on Renewable Energy

The Union Cabinet was apprised and approved of the signing of MoU between India and France in the field of renewable energy cooperation. The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of the signing of the Memorandum of Understanding (MoU) between India and France in the field of renewable energy cooperation.   […]

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