Shell Buys Renewable Natural Gas Producer Nature Energy for $2 Billion
Shell Petroleum, a wholly owned subsidiary of Shell plc, said it would acquire Denmark-based biogas producer Nature Energy for nearly $2 billion as it seeks to boost its low-carbon business ...
HealthCare Global Enterprises Installs 2.25 MW Solar Project to Save Energy Costs
Healthcare Global Enterprises Limited (HCG), which runs cancer care centers among other health facilities, has installed a 2.25 MW solar power project in Jagaluru village in the Davanagere district of ...
Study Says Faster Renewable Adoption Can Cut Emissions by Half
A new study by Columbia University reveals that building the infrastructure for cleaner energy generation will by itself create carbon emissions. A huge chunk of the energy required for the ...
Australia Can Potentially Cut Alumina Refining Emissions by 98%
A new report commissioned by the Australian Renewable Energy Agency (ARENA) with inputs from the continent’s three alumina producers has identified four key decarbonization technologies that can potentially eliminate alumina ...
COP27 Says $4 Trillion Renewable Funding Needed Annually for Net Zero by 2050
The United Nations Climate Change Conference COP27 concluded with the decision to execute the Sharm el-Sheikh Implementation Plan, highlighting the need for global investments of $4 trillion per year in ...
Inflation Reduction Act Could be a Gamechanger for US Solar Industry
A legislation proposed in the US called the ‘Inflation Reduction Act of 2022’ to address climate change, taxes, healthcare, and inflation could see a revival of the domestic solar energy ...
Co-firing of Biomass in 35 Thermal Power Plants Cuts Carbon Emissions by 100,000 Tons
Biomass co-firing in 35 thermal power plants across India has reduced CO2 emissions by 100,000 tons, according to the Ministry of Power. About 80,525 tons of biomass has been co-fired ...
JSW Steel to Invest ₹100 Billion to Reduce Carbon Emissions
JSW Steel has earmarked ₹100 billion (~$1.26 billion) for investments to reduce carbon emissions with targeted initiatives, including increasing the use of renewable energy to replace thermal power. JSW Steel ...
Global Push for Energy Efficiency Critical for Net Zero by 2050: EP100 Report
The EP100, a global initiative led by the international non-profit Climate Group, recently published a ‘Progress and Insights’ report highlighting the importance of enhanced energy efficiency to achieve the net-zero ...
Daily News Wrap-Up: Tata Power to Set Up EV Charging Stations at Apollo Tyres’ Vehicle Zones
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power and Apollo Tyres announced a strategic partnership to deploy public charging stations across India. These ...
Saudi Arabia Aims to Generate 15 TWh of Renewable Energy Annually by 2024
Saudi Arabia plans to generate 15.1 TWh of renewable energy annually by 2024 that will be sufficient to meet the power requirements of 692,557 households, said the Kingdom’s General Authority for ...
What it Will Take for India’s Clean Energy Sector to Unlock Billions in Foreign ESG Funds
The Indian renewable energy (RE) market is one of the most attractive destinations for foreign investors. According to the 2020 Climate Transparency report, India is the only G20 nation on ...
Steel Industry Must Invest $278 Billion to Eliminate Carbon Emissions by 2050: BNEF
The global steel industry could eliminate carbon emissions by 2050 by investing $278 billion and using green hydrogen and recycling technologies, BloombergNEF (BNEF) has said in a report. The report talks about ...
Power and Production Restrictions in China Continue to Add Pressure on Solar Supply Chain
The Asia Europe Clean Energy (Solar) Advisory (AECEA), a China-based clean energy advisory company, estimates that China will add 50-55 GW capacity with an increase of 4-13% year-over-year (YoY) in ...
US Solar Industry’s New Goal Increased from 20% to 30% of Power Generation by 2030
The Solar Energy Industry Association (SEIA) has increased its target for Solar+ Decade to account for 30% of overall power generation in the United States by 2030. The previous target ...
India to Contribute 20% of the Global Renewables Deployment Target for 2030: BRICS Report
The latest BRICS Energy Technology Report 2021 states that India will account for one-fifth (20%) of the global renewable energy deployment target for 2030. Solar and wind power generation has been ...
Amazon Signs PPA With TotalEnergies for 474 MW of Renewable Energy
French oil and gas company TotalEnergies and e-commerce giant Amazon have announced a strategic collaboration through which TotalEnergies would supply 100% renewable energy for Amazon’s operations. The companies have signed a power purchase agreement ...
Residential Solar Company Sunrun’s Total Revenue Up 59% YoY in Q1 2021
Sunrun, one of the leading home solar, battery storage, and energy services companies in the United States, has announced financial results for the first quarter (Q1) of the calendar year ...
Goa Announces Electric Mobility Initiatives
Goa's Minister of Power, Environment, and New & Renewable Energy Nilesh Cabral emphasized the importance of ushering in electric two-wheelers in Goa. He also highlighted other electric mobility initiatives as ...
China Adds 48.2 GW of Solar Capacity in 2020, its Second Best Year on Record
China has installed 48.2 GW of solar capacity in 2020, a 60% year-over-year increase compared to 30.11 GW in 2019, according to the latest data from the National Energy Administration ...
PepsiCo Pledges Net-Zero Emissions by 2040
PepsiCo has unveiled its ambitious goal to cut carbon emissions by more than 40% by 2030 (against a 2015 baseline) — more than doubling the previous climate objective of a ...
Smart Solar Module Technology Provider Tigo Energy Secures $20 Million in Funding
Tigo Energy, a U.S.-based smart solar module technology provider, has secured a $20 million investment in the latest funding round led by Energy Growth Momentum, a U.K.-based investment firm. The ...
BMW Targets Seven Million Electric Vehicles on the Road by 2030
The BMW Group, a Germany-based luxury automobile manufacturer, announced that it hadset a target of producing seven million electric vehicles (EVs) by 2030, making resource efficiency and sustainability central to ...
U.S. Begins Year-Long Withdrawal Process from Paris Climate Change Accord
The United States government has said that it has submitted its formal notification of withdrawal from the Paris Climate Change Agreement to the United Nations, starting the one-year-long process. President ...
Oberoi and Trident Hotels in Gurgaon to Run on Solar Power
In a move reflective of the nation’s shift towards renewable energy sources, Oberoi and Trident hotels in Gurgaon have switched to solar power to fulfill their energy demands. This will ...
