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Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative

Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […]

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Apple Commits to 100% Carbon Neutral for Supply Chain and Products

Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral for its global corporate operations, […]

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Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility

Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […]

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Britishvolt and Welsh Govt Sign MoU for 30 GWh Battery Manufacturing Plant

Manufacturer Britishvolt has signed an MOU with the Welsh Government to develop a commercially viable 30 GWh battery manufacturing plant in South Wales. Manufacturer Britishvolt has announced that it has signed a memorandum of understanding (MOU) with the Welsh Government as both parties work together on plans to develop a commercially viable 30 GWh battery […]

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RK Singh Launches First-of-its-Kind EV Charging Plaza in Delhi

With a focus on enhancing energy efficiency and promoting e-mobility, RK Singh has inaugurated India’s first public EV charging plaza in New Delhi. With a focus on enhancing energy efficiency and promoting e-mobility, Union Minister for Power, New & Renewable Energy, RK Singh on July 20, 2020, inaugurated India’s first public EV (Electric Vehicle) charging […]

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CIT Leads Financing for 108 MW Solar Project in North Carolina

The CIT Group’s Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina. The CIT Group has announced that its Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MWdc Trent River solar project […]

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$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages

A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […]

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After 25 GW Capacity Target, Renew Power to Enter Cell Manufacturing

Update: Sumant Sinha, Chairman and Founder at Renew Power, has confirmed that the firm will be entering into manufacturing of solar cells, with  an initial capacity of 2000MW . Close on the heels of plans to grow total installed capacity to 25,000 MW in 5 years, comes a report in The Economic Times that Renew […]

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Cargill Partners With CleanMax for RE Projects in India

Cargill has partnered with CleanMax in India to meet 70 to 80 percent of its facility’s electricity needs from a solar and wind hybrid project in Karnataka. US-based global food corporation Cargill has announced that it is expanding its portfolio of renewable energy projects worldwide with 10 new projects set to come up online next […]

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