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Renewable Energy May Cause $6 Trillion Fossil-Fuel Divestment

J P Morgan mentions that contrary investment in the renewable energy would pose a high risk on shareholder returns for the oil giants. With an increased pressure from governments and consumers to use renewable energy, oil industry is eyeing investing in alternative sources of energy. Leading market analyst, J P Morgan suggests that the global […]

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Sony Enters RE100 Initiative for 100% Renewable Energy

RE100 consists of companies committed to using 100% renewable electricity, and comprises over 140 member companies worldwide of which Sony is now a part. Sony Corporation has joined RE100, an initiative operated by the international non-government organization (NGO) The Climate Group in partnership with CDP, a UK based environment researcher. In so doing, Sony will aim […]

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Australia May Fetch 50% Power from Renewable Energy by 2025

The report suggests that even though the policy support 100 percent reliance on the renewable energy has collapsed following a voting, the solar developments have retained their unexpected pace. A report by a leading energy research, education and public policy organization, ANU Energy Change Institute has stated that if Australia maintains the current track of […]

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Decentralized Renewable Energy may hold $100bn Investment Opportunity

DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […]

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Conti Solar to Construct 35 MW Solar Portfolio for Southern Sky Renewable Energy

Further, the portfolio which Conti Solar will develop contains 5 projects including brownfield, landfill, and greenfield projects and are located in the towns of Warwick, Cranston and Johnston in central Rhode Island. Solar EPC, O&M and energy storage company Conti Solar was selected to provide full turnkey EPC services for Southern Sky Renewable Energy’s 35 MW […]

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Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy

The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […]

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Will Facebook Run All on Renewable Energy in Two Years?

World’s largest social networking website, Facebook, in 2015, had set the target of running 50 percent of its facilities on renewable energy by 2018. Facebook has recently set a target of running completely on renewable energy. The market experts on analyzing its previous targets of being 50 percent renewable dependent by 2018 has speculated an […]

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NLCIL Buildings get Solar Panels for Renewable Energy

NLCIl solar installation is the part of its commitment to to produce 4,251 megawatt through solar and wind energy. Pushing the use of renewable energy, Government of India’s Neyveli Lignite Corporation of India (NLCIL) has got installed solar panels on seven office buildings at a cost of Rs. 5.49 crore. NLCIl solar installation is the […]

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Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020

In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […]

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