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New Zealand Plans to Go Carbon Neutral by 2050

“Agriculture is incredibly important to New Zealand, but it also needs to be part of the solution,” Climate Change Minister James Shaw said.  New Zealand introduced legislation Wednesday to make the South Pacific nation carbon neutral by 2050, although greenhouse gas emissions from the economically vital agricultural sector will not have to meet the commitment. […]

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Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund

Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […]

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EVgo To Run the Largest Fast Charging Network in the US on 100% RE

EVgo, the largest public electric vehicle (EV) fast-charging network in the U.S, has announced that it has contracted for 100 percent renewable energy to power its customers, becoming the first EV charging network in the United States to do so. EVgo has contracts with its energy suppliers and renewable energy certificate (REC) partners to ensure […]

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LONGi 72 Bifacial Half Cell Module Hits Record with 450W Front-Side Power

One of the leading solar module manufacturers in the world, LONGi has announced that the front side power of its 72-cell Bifacial half-cut module exceeded 450W, achieving one of the world’s highest power in this module type. This new record was tested and verified by renowned certification agency TÜV-SÜD. This marked another successful feat for […]

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Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019

Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […]

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Govt. Launches Phased Manufacturing Programme to Aid the Domestic EV Market

The Government of India has launched the Phased Manufacturing Programme (PMP) to promote indigenous manufacturing of electric vehicles, its assemblies/sub-assemblies and parts/subparts/inputs of the sub-assemblies thereof. The Government approved the National Mission on Electric Mobility in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013 by the then Prime Minister. […]

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MNRE holds ‘Chintan Baithak’ with the stakeholders of Renewable Energy (RE) sector

Various issues pertaining to Renewable Energy (RE) sector discussed during the meet Ministry of New & Renewable Energy (MNRE) held a ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector here today. The ‘Baithak’ (meet) was chaired by Secretary, MNRE, Shri Anand Kumar and saw good participation from Renewable Energy (RE) sector including the representatives of […]

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Munzer Bharat. How an Austrian Firm Picked India for Its First Global Plant

Munzer BioIndustrie, a family-owned firm from the little known town of Sinabelkirchen, near Vienna in Austria, finally got going in India this year, with its first BioDiesel plant starting pilot tests. Here is how, why and what the company expects to achieve with its Indian venture. The start of Munzer Bharat Private Limited itself has […]

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Carbon Taxes are the Best Way to Cut GHG Emissions: Report

An IMF Executive Board review of the fiscal policies for Paris climate strategies and discussed a paper providing country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted for the 2015 Paris Agreement and for addressing vulnerabilities in disaster-prone countries. On the mitigation side, the paper […]

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