South Korean C&I, Residential Consumers to Buy Renewables as part of RE100 Initiative

South Korea’s C&I, Residential Consumers to Buy Renewables as part of RE100 Initiative

South Korea's Ministry of Trade, Industry, and Energy (MOTIE) has announced that it would allow domestic electricity consumers to purchase electricity from renewable sources as part of the RE100 initiative ...
/ / Other, Renewable Energy
Daily Wrap-Up_ Total's €3 billion Hybrid Bonds to Finance Renewables, Adani Acquisition

Daily News Wrap-Up: Total’s €3 Billion Hybrid Bonds to Finance Renewables, Adani Acquisition

Here are some noteworthy cleantech announcements of the day from around the world: Indian Institute of Technology Delhi's Sustainable Environergy Research Lab at the Department of Chemical Engineering is actively ...
/ / Other, Renewable Energy
Indian Forms Committee to Oversee Implementation of the Paris Agreement

India Forms Committee to Oversee Implementation of the Paris Agreement

The Ministry of Environment, Forest and Climate Change (MoEFCC) has constituted a high-level inter-ministerial Apex Committee for the Implementation of the Paris Agreement (AIPA). The Secretary of MoEFCC will lead ...
/ / Other, Renewable Energy
Tokyo Gas Plans to Issue Green Bonds Worth ¥10 billion

Tokyo Gas Plans to Issue Green Bonds Worth ¥10 billion

In a first for the company, Tokyo Gas Company Limited plans to issue green bonds through a public offering platform. Tokyo Gas is set to issue the 10-year green bonds ...
/ / Other, Renewable Energy
Here is How Much Money Rooftop Solar Systems Can Save Households (1)

Here is How Much Money Rooftop Solar Systems Can Save for Households

This is the second article in a series that explains all you need to know before installing a solar system on your rooftop. The first article focused on the specifics ...
/ / Consumers, Solar
Climate Financing By Seven Multilateral Development Banks Totals $61 Billion in 2019

Climate Financing By Seven Multilateral Development Banks Totals $61 Billion in 2019

In 2019, seven of the world’s largest multilateral development banks (MDBs) provided $61.6 billion (~₹4.6 trillion) in climate financing, out of which $41.5 billion (~₹3.09 trillion) was offered to low-income ...
/ / Finance and M&A, Other
State Bank of Pakistan Expands Scope of its Financing Program to Include Renewables

State Bank of Pakistan Expands Scope of its Financing Program to Include Renewables

To promote renewables, the State Bank of Pakistan (SBP) has expanded the scope of its renewable energy refinancing program, allowing financing under category III of the program to solar and ...
/ / Other, Renewable Energy
BMW Targets Seven Million Electric Vehicles on the Road by 2030

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 ...
/ / Electric Vehicles, Grid
Adani Port Becomes Part of Science-Based Targets Initiative to Reduce its Emissions

Adani Port Becomes Part of Science-Based Targets Initiative to Reduce Emissions

Adani Ports and Special Economic Zone Limited (APSEZ) announced that it has signed up for Science-Based Targets initiative (SBTi) to set emission reduction targets across its entire value chain. The ...
/ / Other, Other Energy
Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Distributed solar company, Fourth Partner Energy, has raised $15 million (~₹1.1 billion) in debt funding from responsAbility, a Switzerland-based development asset manager. According to the company’s press statement, the funding ...
/ / Finance and M&A, Solar
In FY 2020, 44.3% of Infosys’ Electricity Came From Renewable Sources_ Interview

In FY 2020, 44.3% of Infosys’ Electricity Came From Renewable Sources: Interview

Infosys, an Indian information technology company, recently signed up for 'The Climate Pledge,' committing to achieve net-zero carbon emissions across its businesses by 2040, making it the first Indian company ...
Barclays Likely to Stop Lending to Projects Based on Fossil Fuels

Barclays Likely to Stop Lending to Projects Based on Fossil Fuels

During the annual general meeting (AGM) of Barclays, a British multinational investment bank, nearly 24% of shareholders voted for Share Action’s resolution asking the bank to phase out financing for ...
/ / Other, Other Energy
AfDB-Managed SEFA Grants $760,000 to Set Up Renewable Projects in Africa

AfDB-Managed SEFA Grants $760,000 to Set Up Renewable Projects in Africa

The Sustainable Energy Fund for Africa (SEFA), which is managed by the African Development Bank (AfDB), has approved a grant of $760,000 (₹57.61 million) to Empower New Energy As (EmNEW) ...
/ / Finance and M&A, Other
Investments Should Become ‘Climate-Smart’

Investments Should Now Become ‘Climate-Smart’

Coal is a necessary evil for most of the countries in the world. Though many emerging markets, including India, are transitioning towards sustainable energy, coal is far from being replaced ...
U.S. Begins Year-Long Withdrawal Process from Paris Climate Change Accord

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 ...
India and Sweden to Lead UN Leadership Group to Work Towards Sustainability

India and Sweden to Lead UN Leadership Group to Work Towards Sustainability

As global leaders ramp up their efforts to combat climate change, a new leadership group led by India and Sweden has been announced at the UN Climate Action Summit. The ...
/ / Other, Renewable Energy
yes, it was kept for fillers. but uploading it otherwise it will be too old

ISA and Commonwealth Join Hands to Promote Solar Power in Member Countries

The Commonwealth of Nations and the International Solar Alliance (ISA) have signed a Memorandum of Understanding (MoU) to expand solar power in the Commonwealth member countries. The agreement was signed ...
World Bank to Assist in  Sustainable Extraction of Minerals for Wind, Solar Projects

World Bank to Assist in Sustainable Extraction of Minerals for Wind, Solar Projects

To realize a lower-carbon future, there will be a substantial increase in demand for several key strategic minerals and metals to manufacture cleaner energy technologies.  Keeping this in perspective, the World ...
World Bank Commits $22.5 Billion to Scale Up Climate Action in Africa

World Bank Commits $22.5 Billion to Scale Up Climate Action in Africa

The World Bank has committed $22.5 billion to Africa for climate adaptation and mitigation in the next five years. The funding is part of the World Bank’s 2025 target to accelerate ...
/ / Finance and M&A, Other
Green Climate Fund Approves $299 Million for Expansion of Renewable Projects in Africa

Green Climate Fund Approves $299 Million for Expansion of Renewable Projects in Africa

At its 22nd meeting, the Green Climate Fund (GCF) announced the approval of approximately $299.2 million to finance programs for electrification, combating climate change and economic development through renewable energy ...
/ / Other, Renewable Energy
Investments into Renewables in India Surpassed Fossil-Fuels in 2017: IEA

India Extends $1.4 Billion Aid to Maldives, Joins Hands to Promote Renewables

The President of the Republic of Maldives was on a state visit to India recently. The visit has been fruitful for India’s renewable energy sector as the country has found ...
/ / Other, Renewable Energy
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

India Has Spent Over ₹140 Billion to Mitigate Climate Change

From financial year 2014-15 to date, the Indian government has spent a corpus of ₹140.14 billion (~$1.96 billion) to fight climate change. The corpus was spent on implementing the National ...
/ / Other, Renewable Energy
PFC Issues $400 Million of Green Bonds on LSE’s International Securities Market

Namibia Announces Issuance of its First Green Bond

In a first for the country, Namibia recently announced the launch of its green bond. By doing this, Bank Windhoek, a wholly Namibian-owned commercial bank, became the first commercial bank ...
/ / Other, Renewable Energy
IFC Provides €40 Million Loan to Tunisia’s Attijari Bank for Renewable Projects

IFC Provides €40 Million Loan to Tunisia’s Attijari Bank for Renewable Projects

The International Finance Corporation (IFC), a member of the World Bank Group, is providing a €40 million (~$46.2 million) subordinated loan to Attijari bank Tunisia, which is a private bank ...
/ / Markets & Policy, Solar
IFC Issues Indonesian Rupiah Komodo Green Bond for Investment into Renewable Projects

IFC Issues Indonesian Rupiah Komodo Green Bond for Investment into Renewable Projects

The International Finance Corporation (IFC), a member of the World Bank Group, has issued its inaugural Indonesian Rupiah Komodo green bond. The green bond issue has attracted strong investor demand, ...
/ / Other, Renewable Energy