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Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030

Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […]

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Rs 3300 Cr Loan Released for Andhra Pradesh Power Sector

The Central Government has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector under the second tranche of the Atmanirbhar Loan. The Central Government has announced that it has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector. The loan will fall under the second […]

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RITES Bags Rs 475 Crore Railway Electrification Contract

RITES Limited has announced that it has been awarded a contract worth Rs 475 crore for electrification works of various arms of the Indian Railways. RITES Limited, a Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India has announced that it has been awarded a contract worth Rs 475 […]

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PepsiCo Announces Target for 100% Renewable Electricity by 2030

PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […]

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Enel X Awarded Grants for Future Electrification of Bus Fleets

Enel X has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). Enel X, the Enel Group’s advanced energy services business line, has announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). […]

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Vietnam’s new PDP Must Optimise Renewables and Avoid Fossil Fuel Lock-in

Implementing Vietnam’s soon-to-be-launched next Power Development Plan will ultimately depend on the country’s ability to mobilize more innovative sources of offshore financing, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Vietnam is poised to launch Power Development Master Plan 8 (PDP 8) for the next decade featuring a timely departure from […]

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Wind Sector in Southeast Asia Needs $14 Bn in Investments by 2030: WoodMac

According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. This is to support the 8.9 gigawatts (GW) of new wind power capacity […]

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Tata Power’s 200 Microgrids to be Ready by 2021

TP Renewable Microgrid (TPRMG), a venture by Tata Power, is expected to complete the installation work of 200 microgrids and make them ready for use by next year, said the Rockefeller Foundation — a partner in the clean energy project. In November 2019, Tata Power had announced creating an arm, TPRMG, to set up 10,000 […]

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Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline

Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […]

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