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zero energy transition

ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments

ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […]

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Understanding The $84 Billion Global Carbon Pricing Market

Global carbon pricing revenue in 2021 increased by almost 60 per cent from 2020 to around $84 billion, as per the latest “State and Trends of Carbon Pricing” report. The world needs funds to carry on with its efforts to shift to sustainable development, finance broader fiscal reforms, or invest in communities as part of […]

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Examining the Biggest Polluters: Report Card of Shipping Industry

Nearly 80 per cent of the world’s trade is carried out by sea. Indeed, shipping offers an environmentally efficient means of transport per unit of cargo when compared to other highly polluting media such as air and road transport. Yet, the sheer volume of maritime trade results in a significant contribution to the world’s greenhouse […]

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Vestas Partners with LM Wind Power for V172-7.2 MW Wind Turbine Blades

Danish manufacturer, seller, installer, and servicer of wind turbines, Vestas has announced that it has signed an agreement with LM Wind Power – a leading manufacturer of wind turbine blades in Denmark – to develop the wind energy supply chain and scale renewables efficiently for the global energy transition. Within the agreement includes designing and […]

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KKR Invests in Hero Future Energies in $450 Million Transaction

New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […]

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RWE Renewables Wins German North Sea Wind Auction for 980 MW Project

New York-based RWE Renewables Offshore HoldCo Four GmbH has won a tender from the German Government for the development of an offshore wind energy farm of capacity of 980 MW in the German North Sea. RWE had proposed to develop the wind farm in N-7.2 Zone that too without availing the state subsidies. Klaus Müller, […]

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France’s CMA CGM Creates Special Fund for Shipping Decarbonisation

French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […]

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Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal

As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […]

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