decarbonization

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GCF Approves $215.6 Million for SIDBI to Help MSMEs Lower Emissions

The Green Climate Fund (GCF) has approved $215.6 million for the Small Industries Development Bank of India’s (SIDBI) Financing Mitigation and Adaptation Projects...

July 23, 2024

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Namratha A Rai

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Finance and M&A

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Renewable Energy
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Solar, Wind Adoption Led to Measurable Public Health, Economic Benefits: Report

Lawrence Berkeley National Laboratory (LBNL) researchers have found quantifiable public health and economic benefits of accelerated adoption of solar and wind energy in...

June 6, 2024

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Staff

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Solar

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Technology

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Wind
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Solar, Storage, Wind Drive 95% of US Interconnection Queues as Backlog Rises

Nearly 12,000 power projects, an overwhelming majority based on renewable sources, representing a combined capacity of 1,570 GW and 1,030 GW for storage, are in...

April 15, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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ReNew Refinances $325 Million Non-Convertible Debentures

Independent renewable power producer ReNew has refinanced Non-Convertible Debentures (NCDs) worth ₹23.91 billion (~$288.3 million), issued by its subsidiaries in October...

January 12, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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MIT’s New Design Can Harness 40% of Sun’s Heat to Produce Clean Hydrogen

Engineers at the Massachusetts Institute of Technology (MIT) have developed a conceptual design to produce totally green, carbon-free hydrogen fuel with a train-like...

October 17, 2023

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Staff

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Other

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Technology
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Deploying Renewable Energy Vital to Decarbonizing India’s Steel Industry

A recent stakeholder meeting held by Minister of Steel Jyotiraditya Scindia emphasized the importance of a comprehensive approach to deploying renewable energy to...

October 3, 2023

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Staff

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Other

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Renewable Energy
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Green Energy Group Bruc Secures €600 Million for Portfolio Expansion in Spain

Madrid-based green energy group Bruc has signed a financing agreement with seven prominent entities, securing €600 million (~$633.8 million), which will be utilized in...

September 27, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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Wind
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Energy Major Repsol Acquires US Onshore Wind Firm ConnectGen for $768 Million

Madrid-based energy and petrochemical company Repsol has acquired ConnectGen, a U.S.-based renewable energy development company, for $768 million from Quantum Capital...

September 11, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Ascend Elements Secures $542 Million for Battery Materials Production in US

Ascend Elements, a lithium-ion battery recycling and engineered materials company has raised $542 million in new equity investments. The funding includes $460 million...

September 7, 2023

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Gautamee Hazarika

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Market & Policy

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Other

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Renewable Energy
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EIB Greenlights $636 Million Loan for Repsol’s Renewable Energy Initiatives

The European Investment Bank (EIB) has approved a €575 million (~$636.7 million) loan to support global energy company Repsol‘s renewable projects in Spain. The...

July 26, 2023

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Gautamee Hazarika

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Markets & Policy

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Other

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Renewable Energy
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Phasing Out Fossil-Fuel Subsidies Vital to Accelerate EV Adoption in G20 Countries

Decarbonizing the transport sector poses a substantial challenge for G20 countries as they grapple with varying stages of motorization, decarbonization, and the...

July 25, 2023

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Clean Hydrogen Market To Expand to 600 Million Tons by 2050: Report

The capacity of the clean hydrogen market is expected to expand to 170 million tons (MT) of hydrogen by 2030 and reach 600 MT by 2050, according to Deloitte’s 2023...

June 19, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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EU Disburses $2.6 Billion to Develop Clean Energy Projects in Member States

The Modernisation Fund of the European Union has disbursed €2.4 billion (~$2.6 billion) to finance 31 projects in seven beneficiary member countries to support the...

June 9, 2023

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Arjun Joshi

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Finance and M&A

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Other
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Just Climate Raises $1.5 Billion for Industrial Climate Solutions Fund

Net-zero investment firm Just Climate has raised $1.5 billion for its debut Climate Assets Fund I, exceeding its $1 billion target, which will be invested in...

June 9, 2023

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Arjun Joshi

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Finance and M&A

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Other
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Europe Requires $32 Trillion of Investment for Net-Zero by 2050

Europe will need to invest over $32 trillion in energy and related technologies to achieve a net-zero economy by 2050, according to BloombergNEF (BNEF). Although Europe...

May 15, 2023

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Arjun Joshi

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Other

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Renewable Energy

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