Shell to Annually Invest $5-6 Billion in Renewables, Low-Carbon Fuels & EV Charging

Shell to Annually Invest $5-6 Billion in Renewables, Low-Carbon Fuels & EV Charging

Global energy conglomerate, Royal Dutch Shell, has said it will invest $5-6 billion annually in its Growth Pillar, including $2-3 billion in renewables and energy solutions, to accelerate its transformation ...
/ / Other, Renewable Energy
Pathways for US to Meet Net Zero, Net Negative CO2 Emissions by 2050_ Report

Pathways for US to Meet Net Zero, Net Negative CO2 Emissions by 2050: Report

The American Geophysical Union (AGU) has published a report claiming to have created multiple pathways to help the United States meet net-zero and net negative CO2 emissions by 2050. AGU ...
/ / 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
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
5.1 GW of Coal-Based Capacity to be Shut Down as Part of India’s Phase-Out Plan

5.1 GW of Coal-Based Capacity to be Shut Down as Part of India’s Phase-Out Plan

Power companies have retired almost 14 GW of coal-based generation capacities over the last 18 years; power minister R.K. Singh informed the Lok Sabha. Some 164 thermal power generating units ...
/ / Other, Other Energy
Power From Fossil Fuel-Based Co-Generation Projects Not Considered for RPO Compliance

Power from Fossil Fuel-Based Cogeneration Projects Not Considered for RPO Compliance

The West Bengal Electricity Regulatory Commission (WBERC) said that any power purchased from fossil fuel cogeneration projects would not be counted for renewable purchase obligation (RPO) compliance. However, the regulatory ...
/ / Grid, Market & Policy
Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019_ Report

Solar and Wind Installations Outshine Fossil Fuel-Based Installations in 2019: Report

As the world embraces renewable energies to combat the disastrous effects of climate change, solar and wind power installations continue to surge despite challenges. BloombergNEF’s (BNEF) Power Transition Trends 2020 ...
/ / Other, Renewable Energy
Researchers Claim Carbon Cloth Collector Improves Sulfur Utilization of Batteries

Researchers Claim Carbon Cloth Collector Improves Sulfur Utilization of Batteries

Researchers at Monash University, Deakin University, and the Indian Institute of Technology, Bombay (IITB)-Monash Research Academy, have claimed that that using a carbon cloth collector can improve the sulfur utilization ...
Renewable Expansion Key to Economic Growth Post-Pandemic

Renewable Expansion Key to Economic Growth Post-Pandemic

As the COVID-19 crisis continues, governments across the world have been forced to take stringent measures to curb its spread. The pandemic has had a deep impact on economies around ...
India Likely to Stop Coal Imports by 2023-24

India Likely to Stop Coal Imports by 2023-24

The Union Minister of Coal and Mines, Pralhad Joshi, recently announced India’s plans to stop the import of thermal coal from 2023-2024. Coal-based power makes up the largest share of ...
/ / Other, Other Energy
Maharashtra Floats Tender to Procure 50 MW of Bagasse-Based Power

Maharashtra Floats Tender to Procure 50 MW of Bagasse-Based Power

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited request for selection (RfS) for the procurement of 50 MW of power generated from bagasse-based co-generation power projects in the ...
/ / Other, Waste to Energy
Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Co-Generation Projects in Maharashtra Can Fulfil Their RPO by March 2020

Fossil fuel-based co-generation projects in Maharashtra have got time up until March 2020 to fulfill their renewable purchase obligation (RPO) targets. The Maharashtra Electricity Regulatory Commission (MERC) provided this relief ...
Ceiling Tariff of ₹3.50/kWh to Apply for Fossil Fuel-Based Cogeneration Projects in Maharashtra

Ceiling Tariff of ₹3.50/kWh to Apply for Fossil Fuel-Based Cogeneration Projects in Maharashtra

The state of Maharashtra has specified an upper ceiling tariff of ₹3.50 (~$0.049)/kWh for competitive bidding to procure power from fossil fuel-based cogeneration projects in the state. Specifying the tariff ...
/ / Other, Other Energy
Solar Powered EV Charging Station Installed in Navi Mumbai

Solar Powered EV Charging Station Installed in Navi Mumbai

Magenta Power, a renewable energy solutions provider, has partnered with Exicom to install a solar-based DC charging station for electric vehicles (EV) in Turbhe, Navi Mumbai. The charging station called ...