KKR to Invest $400 Million in Serentica Renewables

KKR to Invest $400 Million in Serentica Renewables

Private equity firm KKR will invest $400 million in Serentica Renewables to ramp up its clean energy portfolio and provide energy transition solutions to industries. Serentica Renewables has recently entered ...
Mercom Brings C&I Consumers Together at the Ahmedabad Clean Energy Meet

Mercom Brings C&I Consumers Together at the Ahmedabad Clean Energy Meet

Mercom India’s C&I Clean Energy Meet 2022 series provides a unique platform for the country’s commercial and industrial (C&I) consumers to interact with renewable energy experts and understand the viability ...
People Without Electricity Set to Increase in 2022 for First Time in Decades

People Without Electricity Set to Increase in 2022 for First Time in Decades

The number of people living without electricity is set to rise by nearly 20 million in 2022, reaching nearly 775 million, finds International Energy Agency’s (IEA) latest data. The agency ...
Daily News Wrap-Up: MNRE Amends Bidding Rules for Wind-Solar Hybrid Power Projects

Daily News Wrap-Up: MNRE Amends Bidding Rules for Wind-Solar Hybrid Power Projects

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for tariff-based competitive bidding to ...
/ / Other, Renewable Energy
Swiss Scientists Claim Dye-Sensitized Solar Cells Can Achieve up to 30.2% Efficiency

Swiss Scientists Claim Dye-Sensitized Solar Cells Can Achieve up to 30.2% Efficiency

The researchers at Switzerland's École Polytechnique fédérale de Lausanne (EPFL) claimed to have developed dye-sensitized solar cells (DSCs) with a power conversion efficiency of 15.2% in direct sunlight and up ...
/ / Solar, Technology
Residential Solar Company SolarSquare Raises $12.8 Million Series A Funding

Residential Solar Company SolarSquare Raises $12.8 Million Series A Funding

Mumbai-based rooftop solar start-up SolarSquare has raised ₹1 billion ($12.8 million) as part of its series A funding round led by Elevation Capital and U.S.-based climate-focused fund Lowercarbon Capital. Existing ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: Indian Army Partners with Tata Power to Set Up EV Charging Points

Daily News Wrap-Up: Indian Army Partners with Tata Power to Set Up EV Charging Points

Here are some noteworthy cleantech announcements of the day from around the world: The Indian Army collaborated with Tata Power through its ‘Go-Green Initiative’ to set up 16 electric vehicle ...
Daily News Wrap-Up: O&M Tender Issued for 3.6 MW of Solar with Battery Projects

Daily News Wrap-Up: O&M Tender Issued for 3.6 MW of Solar with Battery Projects

Here are some noteworthy cleantech announcements of the day from around the world. Uttar Pradesh Agricultural Produce Board (Mandi Parishad) has issued a tender inviting bids for the operation and ...
Daily News Wrap-Up: DEWA Solar Park's Fifth Phase Adds 300 MW of Capacity

Daily News Wrap-Up: DEWA Solar Park’s Fifth Phase Adds 300 MW of Capacity

Here are some noteworthy cleantech announcements of the day from around the world: Dubai Electricity and Water Authority (DEWA) added 300 MW of clean energy production capacity to the fifth ...
NextEra’s Clean Energy Business Records Net Income of $729 Million in Q3 2022

NextEra’s Clean Energy Business Records Net Income of $729 Million in Q3 2022

The U.S.-based energy company NextEra Energy reported a third-quarter (Q3) net income of $1.68 billion, a year-over-year increase of 13.49 % compared to $1.48 billion in Q3 2021. The quarterly increase was ...
Global Energy Crisis May Expedite Transition to Sustainable and Clean Sources: IEA

Global Energy Crisis May Expedite Transition to Sustainable and Clean Sources: IEA

The global crisis triggered by the war in Ukraine could ironically accelerate the transition to a more sustainable and secure energy system, according to the latest World Energy Outlook by ...
Saudi Oil Major Aramco to Set Up $1.5 Billion Sustainability Fund

Saudi Oil Major Aramco to Set Up $1.5 Billion Sustainability Fund

Saudi Aramco,  a global energy and chemicals company, has established a $1.5 billion sustainability fund to invest in technology to support a stable and inclusive energy transition that will help ...
Apple to Decarbonize its Supply Chain by 2030, Add 3,000 GWh Renewable Energy Annually

Apple to Decarbonize its Supply Chain by 2030, Add 3,000 GWh Renewable Energy Annually

Apple has called on its global supply chain partners to take assertive steps towards decarbonization and address greenhouse gas emissions. The company plans to evaluate the initiatives of its major ...
BlackRock Raises $4.5 Billion for Clean Energy Focused-Infrastructure Fund

BlackRock Raises $4.5 Billion for Clean Energy Focused-Infrastructure Fund

Asset management firm BlackRock has raised $4.5 billion in its initial investor commitments for a new fund to invest in climate and clean energy-focused projects. The BlackRock Global Infrastructure Fund ...
CO2 Emissions from Fossil Fuels Drop Globally Due to Expansion of Renewables: IEA

CO2 Emissions from Fossil Fuels Drop Globally Due to Expansion of Renewables: IEA

Carbon dioxide (CO2) emissions from fossil fuel combustion globally are expected to grow by just under 1% this year as the strong expansion of renewables and electric vehicles prevent a ...
Daily News Wrap-Up Suzlon to Develop 48.3 MW Wind Projects for Adani Green

Daily News Wrap-Up: Suzlon Bags Order for Adani Green’s 48.3 MW Wind Projects

Here are some noteworthy cleantech announcements of the day from around the world: Suzlon won the order to supply to 48.3 MW wind power projects by Adani Green Energy. The ...
/ / Other, Renewable Energy
European Scientists Unveil Plan to Harvest Sun's Energy in Outer Space

European Scientists Unveil Plan to Harvest Sun’s Energy in Outer Space

The European Space Agency (ESA) has unveiled a plan to harvest the sun's energy in outer space and beam it back onto earth. The technology, which is still in its ...
/ / Solar, Technology
Global Asset Management Firm Capital Dynamics Closes €521 Million Clean Energy Fund

Global Asset Management Firm Capital Dynamics Closes €521 Million Clean Energy Fund

Capital Dynamics, an independent global private asset management company, has closed its latest clean energy fund at €521 million (~$508 million) in capital commitments. The fund — Capital Dynamics Clean ...
US, India Partner to Accelerate Sustainable Energy Transition

US, India Partner to Accelerate Sustainable Energy Transition

The United States and India recently reiterated their commitment to accelerating the transition into sustainable energy at the ministerial dialogue of the U.S.-India Strategic Clean Energy Partnership (USISCEP). Minister of ...
Germany's RWE Acquires Con Edison Clean Energy in $6.8 Billion Deal

Germany’s RWE Acquires Con Edison Clean Energy in $6.8 Billion Deal

Germany-based power producer RWE AG signed a purchase agreement with Con Edison to acquire all shares in Con Edison Clean Energy Businesses (CEB) for a purchase price based on an ...
US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) has announced a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America. The funding is part of a larger $8 ...
/ / Other, Renewable Energy
Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the U.S.

Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the US

In a significant development, President Joe Biden signed the 'Inflation Reduction Act of 2022,' which the U.S. House of Representatives and the Senate had passed. The Act addresses issues of ...
/ / Markets & Policy, Solar
Ford Motor to Procure 650 MW Solar Energy to Power its Michigan Operations

Ford Motor to Procure 650 MW Solar Energy to Power its Michigan Operations

Automobile major Ford Motor Company will procure 650 MW of new solar energy capacity in Michigan following a clean energy agreement with DTE Energy, a Detroit-based diversified energy company. The ...
/ / Commercial, Solar
US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

The U.S. Department of Energy (DOE) has launched two new program offices – the Grid Deployment Office and the Office of State and Community Energy Programs – which together will ...
/ / Other, Renewable Energy
Clean Energy Deployment in the U.S. Slows Down in Q2 Due to Headwinds

Clean Energy Deployment in the U.S. Slows Down in Q2 Due to Headwinds

The rate of clean energy deployment in the United States slowed substantially in the second quarter of this year, says American Clean Power's (ACP) Quarterly Market Report for Q2 2022 ...