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New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040

Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […]

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EnBW to Build Europe’s Biggest Fast Charging Station for all EVs

EnBW is planning a new flagship charging station at the Kamener Kreuz autobahn interchange near Dortmund, Germany. With 52 charging points, it will be the biggest public fast charging station in Europe and will be powered by solar panels. As per the firm, the high power chargers have capacities of up to 300 kilowatts. Depending […]

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EIB Backs €2 Bn Investment to Scale up use of Renewable Energy

EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […]

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Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA

The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […]

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REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20

The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […]

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Wipro to Reach Net-Zero Greenhouse Gas Emissions by 2040

Wipro Limited, a leading global information technology, consulting and business process services company, today announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C. Wipro, while unveiling its pledge on Earth Day, also set an intermediate target of […]

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bp and Infosys to Collaborate on Reducing Emissions at Campuses and Cities

Infosys and bp have signed a MoU under which they intend to work together to develop an integrated Energy as-a-Service (EaaS) offering Infosys, a global leader in next-generation digital services and consulting and bp, a global integrated energy company, have announced that they have signed a memorandum of understanding (MoU) under which both companies intend […]

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Amazon Announces New Investments in RE in US, Canada, Europe

Retail giant Amazon announced this week that it was investing in nine new utility-scale wind and solar energy projects in the US, Canada and Europe, thereby becoming the largest corporate buyer of renewable energy in Europe. The company said that with these 9 new projects, it now has 206 renewable energy projects worldwide that can generate 8.5 […]

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