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IEX Announces Resumption of REC Trading From Nov 24

The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […]

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UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030

Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […]

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ISA Fills The Gaps, With US as 101st Member, Tie-Up With Nordic Countries For Funding

The International Solar Alliance (ISA) has seen hectic activity at Glasgow, during the COP 26 summit. The latest announcements from the largest multilateral organisation in recent years is the induction of the United States as a member country, the 101st to do so. John Kerry U.S. Special Presidential Envoy for Climate announced at the UNFCCC […]

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ISA & Elsevier Launch New Solar Journal at COP26 Climate Conference

The International Solar Alliance (ISA), an inter-governmental treaty-based international organisation and Elsevier, a Netherlands-based publishing company specialising in scientific, technical, and medical content, have announced the launch of a new journal, Solar Compass. Solar Compass will be an open access journal, providing readers around the world with freely accessible articles. All its articles will be peer-reviewed […]

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UK Might Mfg Magnets Used in EVs, Turbines to Cut Reliance on China

The UK could revive domestic production of super strong magnets used in electric vehicles and wind turbines with government support, to cut its reliance on China and achieve vital cuts in carbon emissions, according to media reports. A government-funded feasibility study, which was due to be published today, lays out the steps Britain must take […]

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Microsoft, AES to Bring Around-the-clock RE to Data Centers

The AES Corporation has signed a 15-year agreement with tech company Microsoft to support the company in achieving its 100/100/0 by 2030 goal. Microsoft, one of the world’s largest purchasers of renewable energy, will use the around-the-clock renewable energy provided through this agreement to power its data centers located in Virginia. The structure of the […]

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Solar Firm Greenshift Offers Carbon Finance Option With EV Stations

Mumbai-based GreenShift Initiatives Private Limited (GIPL) which claims to offer a unique solar-as-a-service (SaaS) model involving zero-investment on rooftop solar installation, and fast electric vehicle (EV) charging infrastructure has come out with an offer to monetize carbon emission achievement. The company has rolled out carbon credits — a ‘carbon finance’ option to its customers to […]

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India Vows to Take up Climate Justice Combat at COP26

India will be a fighter for climate justice at the upcoming COP26 summit, seeking to make rich nations pay for measures to ease rising temperatures, the country’s Environment Minister said yesterday. And the world’s third-biggest source of greenhouse gases is not yet guaranteeing that it will offer new mitigation efforts at the crucial conference which […]

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Apple Adds 9 GW of Clean Power and Doubles Supplier Commitments

Technology giant Apple has revealed that the company has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year, accelerating progress toward its ambitious 2030 goal to be carbon neutral across its supply chain and products. In total, 175 Apple suppliers will transition to using renewable energy, […]

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