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zero energy transition

I Squared Capital Sets Up New Renewable Energy Platform

Global infrastructure fund manager I Squared Capital has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy in Continental Europe. The platform will develop, re-power, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery […]

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Phelan Energy Unveils New Floating Solar Panel Tech

Phelan Energy Group (PEG) unveiled a new floating solar panel at the SolarPlaza, Floating Solar conference, in Amsterdam, Netherlands, yesterday. This new concept design and efficiency will make its power output price competitive, or lower than land based solar systems, said Chairman Paschal Phelan. Floating PV has been hailed for its huge potential in the next […]

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IRENA & GWEC Target 380 GW Offshore Wind Energy by 2030

The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have signed the Global Offshore Wind Energy Compact, an agenda that aims to ensure sustainable energy for all, helping the global battle against climate change. The compact sets a target of 380 GW of energy from offshore wind, installed worldwide by 2030; by […]

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UltraTech Cement Joins RE100, Target Still 2050 For Net Zero

UltraTech Cement Limited, the largest manufacturer of grey cement, white cement and ready-mix concrete in India, has joined Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of its commitment, UltraTech targets to meet 100 per cent of its electricity requirement through renewables sources by 2050. As the third largest cement manufacturer in […]

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AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […]

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NREL Study Chalks Out Plan for Zero-carbon Grid Using Solar

By 2035, solar energy has the potential to power 40% of the USA’s electricity, drive deep decarbonisation of the grid, and employ as much as 1.5 million people—without raising electricity prices, finds a new study released by the U.S. Department of Energy (DOE). The study titled “Solar Futures Study” calls for massive and equitable deployment […]

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Judicious Land Use Needed for Net-zero India: IEEFA

Judicious planning of land use for solar and wind generation will help India to achieve its renewable energy ambitions, according to the Institute for Energy Economics and Financial Analysis’ (IEEFA) new report which examines how much land would be needed for the country to reach net-zero emissions by 2050. IEEFA has calculated that if India […]

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Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding

Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding.  We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […]

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