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With nearly one-fifth of the world’s population today, Africa accounts for less than 3% of the world’s energy-related carbon dioxide emissions to date and has the lowest emissions per capita of any region. But still, Africans are facing the worst consequences of climate change in the world due to several reasons. Following that, Africa also […]
At first glance, the subject of renewable energy seems like a truly controversial matter, eliciting conversations and debates between advocates of climate change action and those seeking to protect their economic advantage. In a broader sense, however, there appears to be a nexus between renewable energy and economic growth. For instance, India spent $11.8 billion […]
Pakistan has been facing the dual challenge of rising electricity prices and an unreliable grid power supply for some time now. With electricity prices in key cities like Lahore nudging Rs 70/kW, and that too with unreliable supply, it has become only too apparent for many middle class and richer residents that they will need […]
Much seems to happening in the United States (US) when it comes to the addition and expansion of solar projects in the region. As per the latest forecast from the International Energy Agency (IEA), the US is likely to add 340 GW of renewable energy capacities over 2023-2028. The forecast from the IEA claims that […]
Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […]
Rajendra Prasad Goyal, Director (Finance) of NHPC has taken over the additional charge of the post of Chairman and Managing Director of NHPC Limited, NHPC is India’s leading hydropower company and a Schedule ‘A’ Enterprise of the Government of India. Goyal joined NHPC on 18th November 1988 as a Finance Professional. He rose the professional […]
US President Joe Biden announced a $366 million investment for 17 projects across 20 states and 30 communities. This investment announcement is part of President Biden’s investing in America agenda, under the US Department of Energy (DOE) to accelerate clean energy deployment in rural and remote areas across the country. This funding was made possible […]
US-based commercial and community solar developer Standard Solar announced the acquisition of an 84-megawatt community solar portfolio in Illinois. The portfolio consists of three sets of community solar gardens in Illinois including six sites with a capacity of approximately 47 MW, four sites totaling 12 MW, and four sites representing 25 MW. According to the […]
JSW Neo Energy Limited or JSW Neo, a wholly owned subsidiary of JSW Energy Limited, recently announced that it received a Letter of Award (LoA) for 500 MW wind capacity from Solar Energy Corporation of India Limited (SECI) JSW received this award against tariff based competitive bid invited for setting up of 1,350 MW ISTS-connected […]
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