Australia to Invest $18 Billion in Low Emission Technologies Over the Next Decade

Australia to Invest $18 Billion in Low Emission Technologies Over the Next Decade

Australia’s Minister for Energy and Emissions Reduction, Angus Taylor, said that the government is expected to invest $18 billion through new investments in low emission technologies over the next ten ...
/ / Other, Other Energy
NTPC to Stop New Land Acquisition for Coal-based Projects

NTPC to Stop New Land Acquisition for Coal-Based Projects

India’s largest coal-fired power generator, NTPC Ltd, aims to transform itself into the country’s biggest renewable energy producer and refrain from acquiring land for new thermal power projects, its chairman, ...
/ / Other, Renewable Energy
NTPC to Set Up Energy Intensive Industries in its Premises Across Three States

NTPC to Set Up Energy Intensive Industries in its Premises Across Three States

To promote the ‘Make in India’ initiative and provide the necessary impetus to the vision of Aatmanirbhar Bharat, NTPC Limited has invited expressions of interest (EoI) for setting up energy-intensive ...
/ / Other, Renewable Energy
Bids Invited for Recycling and Management of Waste from Renewables and Power Industry

Bids Invited for Recycling and Management of Waste from Renewables and Power Industry

The Department of Science & Technology (DST) invited bids for solid waste management of residuals emanating from the power industry. The tender has been floated for the disposal and recycling ...
/ / Energy Efficiency, Other
Allied Irish Bank Launches Green Bonds Worth €1 Billion

Allied Irish Bank Launches Green Bonds Worth €1 Billion

The Allied Irish Bank (AIB) announced that it has issued green bonds worth €1 billion (~$ 1.16 billion) to finance projects with climate change benefits. Green bonds are financial instruments ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ CHANEL and Sunrun to Help Provide Solar to Low-Income Households

Daily News Wrap-Up: CHANEL and Sunrun to Help Provide Solar to Low-Income Households

Here are some noteworthy cleantech announcement of the day from around the world: Foresight Group and Elgin Energy have formed a joint venture to develop a pipeline of greenfield solar ...
/ / Other, Renewable Energy
China’s Pledge to Become Carbon-Neutral by 2060 Has Global Implications

China’s Pledge to Become Carbon-Neutral by 2060 Has Global Implications

The world’s largest and growing energy market, China, announced its ambition to transform into a  carbon-neutral economy by 2060. However, for a country that contributes 28% of global emissions, Chinese ...
/ / Other, Renewable Energy
European Commission Announces €1 Billion Fund to Promote Sustainable Projects

European Commission Announces €1 Billion Fund to Promote Sustainable Projects

The European Commission (EC) announced that it would launch a €1 billion (~$ 1.16 billion) European Green Deal call for research and innovation projects to tackle the climate crisis and ...
/ / Other, Renewable Energy
Airbus Plans Hydrogen-Powered Commercial Aircraft by 2035

Airbus Plans Hydrogen-Powered Commercial Aircraft by 2035

Airbus, a Netherland-based multinational aerospace company, has announced its plans to develop the world’s first zero-emission commercial aircraft by 2035. According to its statement, the company is currently working on ...
/ / Other, Other Energy
Germany‘s New Climate Action Plan Focuses on Augmenting Solar and Wind Capacities

Germany’s New Climate Action Plan Focuses on Augmenting Solar and Wind Capacities

The federal cabinet of Germany has approved the amendments to the Renewable Energy Sources Act, intending to achieve its goal to expand renewable energy up to 65% by 2030. Germany’s ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Tesla to Make Cobalt Free Batteries

Daily News Wrap-Up: Tesla to Make Cobalt Free Batteries

Here are some noteworthy cleantech announcement of the day from around the world: Tesla, a U.S.-based electric vehicle manufacturer, announced that it would make electric vehicle batteries with cobalt-free cathodes ...
/ / Other, Renewable Energy
Power Sale Agreement for 16.8 GW of Renewable Projects Yet to be Signed_ RK Singh

Power Sale Agreement for 16.8 GW of Renewable Projects Yet to be Signed: RK Singh

The Minister of New and Renewable Energy (MNRE), R.K. Singh, told the Lok Sabha that power supply agreements (PSAs) for 16.8 GW of renewable energy projects are yet to be ...
/ / Other, Renewable Energy
EIB to Provide $3.55 Billion for Renewable Expansion in Europe and Beyond

EIB to Provide $3.55 Billion for Renewable Expansion in Europe and Beyond

The European Investment Bank (EIB) announced that it would provide €3 billion (~$3.55 billion) for renewable energy projects across Europe and around the globe. This would be a part of ...
/ / Finance and M&A, Other
General Electric to Ditch Coal to Focus on Sustainable Power Generation

General Electric to Ditch Coal to Focus on Sustainable Power Generation

General Electric (GE), a U.S.-based multinational conglomerate, announced its plans to exit the new build coal power market. The company said that it would focus and invest in its renewable ...
/ / Other, Renewable Energy
Blackstone Sets Up a $250 Million Fund for Distributed Renewable Projects

Blackstone Sets Up a $250 Million Fund for Distributed Renewable Projects

The United States-based global investment firm, Blackstone, has announced a $250 million fund for distributed and sustainable energy infrastructure assets to ride on the renewable energy wave that’s sweeping energy ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ JinkoSolar’s Subsidiary to be Listed on Shanghai Stock Exchange

Daily News Wrap-Up: JinkoSolar’s Subsidiary to be Listed on Shanghai Stock Exchange

Here are some noteworthy cleantech announcement of the day from around the world: JinkoSolar, a solar module manufacturer, said that its board of directors had approved a strategic plan to ...
/ / Other, Renewable Energy
IFC Asks Clients to Not Invest in Companies That Do Not Want to Exit Coal

IFC Asks Clients to Not Invest in Companies That Do Not Want to Exit Coal

International Finance Corporation (IFC), the financial arm of the World Bank Group, is advising its clients in the financial sector to increase their climate-related lending, reducing their exposure to coal ...
/ / Other, Other Energy
Banks Continue to Support Fossil Fuels Despite Pact to Support Climate Deal

Banks Continue to Support Fossil Fuels Despite Pact to Support Climate Deal

Just when the United Nations Principles for Responsible Banking (PRB) marked its first anniversary, the latest review of the signatory banks' financial records shows how much they deviated from their ...
/ / Other, Renewable Energy
Solar Developers Want Government to Penalize Delayed Transmission Projects

Solar Developers Want Government to Penalize Delayed Transmission Projects

Solar power project development slowed down drastically since March when India imposed a lockdown to control the COVID-19 pandemic. Solar installations declined more than 80% in Q2. Only 205 MW ...
Daily News Wrap-Up_ juwi Signs PPA for a 175 MW Solar + 25 MW Battery Storage Project

Daily News Wrap-Up: juwi Signs PPA for a 175 MW Solar + 25 MW Battery Storage Project

Here are some noteworthy cleantech announcement of the day from around the world: Duke Energy, a U.S.-based energy holding company, announced that it would convert its fleet of 10,000 vehicles ...
/ / Other, Renewable Energy
Western Australia Invites Bids for Production of Renewable Hydrogen (1)

Western Australia Invites Bids for Production of Renewable Hydrogen

Western Australia’s Oakajee Strategic Industrial Area (Oakajee SIA) has invited expressions of interest (EoI) from corporations and businesses worldwide to produce renewable hydrogen. The Oakajee SIA is a designated, greenfield ...
/ / Other, Renewable Energy
Australian Renewable Energy Agency Receives $1.62 Billion to Reduce Emissions

Australian Renewable Energy Agency Receives $1.62 Billion to Reduce Emissions

The Australian Renewable Energy Agency (ARENA) received a funding package worth $1.62 billion from the government to enhance the utilization of low emission technologies to cut emissions across the chain ...
/ / Other, Renewable Energy
Project Finance Brief_ Nexamp to Acquire 50 MW of Community Solar Projects

Project Finance Brief: Nexamp to Acquire 50 MW of Community Solar Projects

Sun Investment Group (SIG) and Ignitis Renewables have signed a contract under which Ignitis Renewables will acquire a 170 MW turnkey portfolio developed in Poland by SIG. The PV projects ...
/ / Other, Renewable Energy
US Companies Ask Insurers to Say No to Fossil-Fuel and Support Renewable Businesses

US Companies Ask Insurers to Say No to Fossil-Fuel and Support Renewable Businesses

Sixty U.S. companies have teamed up to persuade American insurers to ditch fossil fuel-based businesses. In a letter to insurers, these businesses said: “As insurance customers, we are expressing our ...
/ / Other, Other Energy
Daily News Wrap-Up_ Sterling and Wilson Wins a 107 MW Solar EPC Project Worth $63 Million (1)

Daily News Wrap-Up: Sterling and Wilson Wins a 107 MW Solar EPC Project Worth $63 Million

Here are some noteworthy cleantech announcement of the day from around the world: Sterling and Wilson Solar Limited has won a 106.71 MW EPC project worth $62.6 million in Chile ...
/ / Other, Renewable Energy