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Renewable Energy Jobs Reach 12 Million Globally: IRENA

Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019, according to the eighth edition of Renewable Energy and Jobs: Annual Review 2021. The report was released by the International Renewable Energy Agency (IRENA) in collaboration with the International Labour Organization (ILO) at a high-level opening of IRENA’s Collaborative Framework […]

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JPMorgan-advised Fund Secures Controlling Stake in Falck Renewables

Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over the last century before switching to renewables in the late 1990s, are selling […]

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RTC Tender For 2.5 GW Thermal Plus Renewable Attracts L1 Bid of Rs 3.01

SECI’s auction for 2.5 GW of Round the Clock (RTC) supply of power from thermal plus renewable energy has attracted a strong response, with the lowest bid coming in at Rs 3.01/unit. The tender, floated in March 2020 for 5 GW, had been amended in August 2020 to enable easier participation for thermal players. By […]

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Tokyo-based Eneos to Buy Japan Renewable Energy for $1.8 B

Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […]

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