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Varun Beverages To Pick Stake In UP, Maharashtra Solar Firms

Gurgaon-based beverages company and PepsiCo franchisee Varun Beverages Limited has announced to invest upto 14% of the Equity Share Capital of Huoban Energy 11 Private Limited, a special purpose vehicle inter-alia engaged to supply solar power to consumers in the state of Maharashtra. Along with that the company also announced its decision to invest upto […]

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US Moves Closer To Add 25 GW RE Capacity With New Projects

Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […]

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RWE Inks Deal With US Firm For Solar, Wind & Storage Projects

RWE Clean Energy has established relationship with renewables developer WhiteRock Renewables to accelerate the expansion of RWE’s onshore wind, solar, and energy storage development pipeline in the U.S. to achieve record growth. WhiteRock is expected to originate and develop 4 to 5 GW of onshore wind, solar, and battery energy storage system (BESS) projects and […]

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US SEC Disclosure Rules Lead Companies To Cut Emissions Faster

The US Securities and Exchange Commission (SEC) approved a new rule mandating publicly traded companies to disclose their direct greenhouse gas emissions. According to the rules, the companies will have to disclose the audited financial statements and therefore in the scope of the registrant’s internal control over financial reporting. Further, climate-related disclosures in the registrant’s […]

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Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy

Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […]

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DNV Report Studies Role Of Tech Companies In RE Generation

Norway-based DNV has unveiled valuable insights in its report regarding the confidence, sentiment, and priorities prevailing among tech companies in contributing toward renewable energy generation. The report comes at an interesting time, when the rise of AI and the massive data centres it demands have raised the spectre of rising power demand in hitherto stable […]

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Central, Eastern Europe Adds 39% Electricity From RE: EMBER

Central and Eastern European countries are advancing towards their renewables ambition, but EMBER report found it to be insufficient with their potential.  The EMBER report on, “Empowering Central and Eastern Europe” underlines the importance of upcoming Three Seas Initiative Summit to secure a low cost, resilient and interconnected clean power system. It mentioned, “In 2023, […]

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To Meet AgriPV Capacity Of 20 GW In India By 2040, 1.1 Lakh Jobs To Be Created-Report

India’s potential for Agri-Photovoltaic (APV) varies significantly across districts, ranging from 3,156 GW to 13,803 GW for various APV technologies according to recent report. In a report by the Fraunhofer Institute for Solar Energy Systems, EY, and CSTEP they projected APV capacity from 2024 to 2040, to achieve a cumulative addition of 20 GW and […]

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