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The Top 5: Countries Offering Highest Incentives To EV Consumers

Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […]

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Siemens Gamesa Sets Sights on Setting Up Offshore Nacelle Manufacturing Facility in New York

Siemens Gamesa, which provides offshore and onshore wind turbines and related services worldwide, has announced that it has set sights on establishing a major offshore nacelle manufacturing facility to come up in New York state. If all goes well with New York authorities, this will be the firm’s third offshore wind solicitation. The facility being […]

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Denham Capital Announces $200 Million for Solar Energy Generator Solops

Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […]

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Israel’s Enlight Renewable Energy Raises $252 Million from Nasdaq IPO

Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […]

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Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant

The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […]

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Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy

Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […]

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Navigating India’s Energy Transformation Through JETP Approach

Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […]

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TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023

French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […]

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Solar PV Employs More Women Than Other Renewable Energy Options

The clean energy mission  has not only brought hope towards making earth a better space to live but has also provided  millions of jobs, globally. Solar photovoltaic (PV) has emerged to be the leading employer in the renewable energy sector, both in global number of employees and in gender balance. As per reports, the solar […]

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