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10 Recommendations to Rapidly Boost Energy Efficiency Progress Worldwide

The Global Commission for Urgent Action on Energy Efficiency has announced 10 recommendations to rapidly boost energy efficiency progress worldwide National leaders, key ministers, top business executives and other international figures part of the Global Commission for Urgent Action on Energy Efficiency have announced 10 recommendations to rapidly boost energy efficiency progress worldwide, highlighting benefits […]

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Amazon’s Carbon Footprint grows 15% With Active Green Pledges

Amazon has announced that its carbon footprint rose 15 percent even as it launched several initiatives to reduce its harm on the environment. Global e-commerce major Amazon has announced that its carbon footprint rose 15 percent even as the firm launched several initiatives to reduce its harm on the environment. The firm revealed that it […]

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NTPC Secures another PMC Contract to Develop 500 MW Solar Park in Mali

Adding more heft to its renewable ambitions to transition from a coal burning major, the country’s largest power generation utility NTPC has secured another Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali under the ISA initiative. This is the second project where a central PSU […]

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Targeted Public Spending, Policy Action will Bring Immediate Jobs, Boost GDP: Report

Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation said the International Renewable Energy Agency (IRENA) in its newly published report. The intergovernmental agency, IRENA, in its report “Post-COVID recovery: An agenda for resilience, development and equality” outlines […]

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CERC’s Order Lowering REC Forbearance, Floor Price Removal Positive for Obligated Entities

With the significant reduction in wind and solar power tariffs during the last three years, the power sector regulator Central Electricity Regulatory Commission (CERC) has recently reduced the forbearance prices and also removed the floor price for the Renewable Energy Certificates (RECs). This move is expected to negatively impact the REC projects, even as  it […]

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The Philippines Power Sector can Reach Resilience by 2021: IEEFA

The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […]

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Amazon Announces $2 Bn Fund to Support Sustainable Technologies and Services

Amazon has announced a new Climate Pledge Fund to support the development of sustainable technologies and services with an initial USD 2 billion in funding Global e-commerce major — Amazon has announced a new Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet […]

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MNRE Issues Guidelines for Installation of Innovative Standalone Solar Pumps

The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the installation of innovative standalone solar pumps. The move came after the Minister had received representations from innovators claiming that by using different design and software, better performance of solar pumps can be achieved as compared to specified by the Ministry and that […]

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Hyundai, Kia & LG Chem Looking to Invest in EV and EV Battery Startups

Hyundai, Kia and LG Chem are jointly sponsoring a global competition to identify up to 10 EV and battery startups for potential investment and collaboration With demand for EVs growing, Hyundai Motor Company, Kia Motors Corporation, and LG Chem are jointly sponsoring the “EV & Battery Challenge” (EVBC), a global competition to identify up to […]

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