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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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Large Buildings RE Specialist Blueprint Power Acquired by BP

bp has acquired Blueprint Power, a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through cloud-based software. Or a Virtual Power Plant. Blueprint’s technology presents an opportunity to help decarbonize commercial real estate, help real estate owners meet their environmental goals, and give […]

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6 Myths Blown Away By India’s Power Crisis

The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […]

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China’s Green Bond Issuance in 2020 Was 2nd Largest at $44 B: Report

Total green bond issuance from China during 2020 reached $44 billion, a 21% decrease from the $55.8 billion achieved in 2019, revealed a new report produced by Climate Bonds Initiative (CBI) & China Central Depository & Clearing Research Centre (CCDC Research). Launched with the support of HSBC, the “China Green Bond Market 2020 Research Report” […]

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McDermott Joins AquaVentus Consortium for Green H2 Production

Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […]

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Chariot to Build 10 GW RE-powered Green H2 Complex in Mauritania

London-based Chariot has signed a memorandum of understanding with the Mauritanian government for green hydrogen, reports afrik21. The company wants to produce and export this less CO2-emitting energy. Mauritania could be home to one of the largest green hydrogen production projects in Africa. This is the aim of the memorandum of understanding signed recently between […]

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6K Lands $51 M for Advanced Battery Material Dev

Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […]

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Shell Commits to RE Investments Worth $565 M in Brazil by 2025

Anglo-Dutch energy giant Royal Dutch Shell has committed to invest 3 billion reais ($565 million) by 2025 in renewable energy in Brazil, for which it has launched a new division, Shell Energy Brazil, in the country. Most of the capex is related to solar energy projects, Reuters reported executives as saying. The head of renewable development […]

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Appliance Standards & Labelling Effective at Reducing Energy Use: IEA

Policies that introduce minimum efficiency performance standards and energy-consumption labelling on appliances and equipment have led to reduced power consumption, lower carbon emissions, and cost savings for consumers, according to analysis published today by the International Energy Agency (IEA) and the 4E Technology Collaboration Programme (4E TCP). The report’s findings are drawn from nearly 400 […]

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