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World’s Biggest Wealth Surge Heralds Rise of India’s Next Ambani

After spending two decades building a business empire centered around coal, Indian billionaire Gautam Adani is now looking beyond the fossil fuel to cement his group’s future. His ambitious plans are getting a boost from Prime Minister Narendra Modi. Adani has emerged as India’s infrastructure king, diversifying from mines, ports and power plants into airports, […]

Ministry of Power Takes Proactive Measures to Ensure 24×7 Power Supply to Oxygen Plants in the Country

INTEGRATED EUROPEAN MAJORS LEAD ON PREPAREDNESS FOR A LOW-CARBON WORLD AMONG 39 GLOBAL O&G COMPANIES

Yet Bloomberg Climate Transition Scores supported by BloombergNEF and Bloomberg Intelligence research show oil and gas industry remains far from transition-ready. New York and London, March 24, 2021 – European oil companies, including Total, Galp, Equinor, BP and Royal Dutch Shell lead a group of the 39 most publicly-traded oil and gas companies in preparedness […]

Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO

Nidec to Supply Motors for Foxconn’s Electric-Vehicle Initiative

Two newcomers to the electric-vehicle market, Nidec Corp. and Foxconn Technology Group’s automobile arm, unveiled an agreement on supplying electric powertrains — the collection of components including the motor, gears and drive shaft that propel a vehicle. Nidec and Foxtron Vehicle Technologies have signed a memorandum of cooperation and will demonstrate the initial results of […]

Policy Roadmap for Electric Vehicles in India

SSE, Equinor Kick Off Stake Sale in Biggest Wind Farm at Sea

SSE Plc and Equinor ASA plan to put a stake up for sale in what will be the world’s biggest offshore wind farm off the coast of the U.K. Offshore wind farms, some of the biggest renewable power plants, are in increasing demand from financial investors and energy majors looking to diversify their businesses…Read More…

FMO, CDC Group, Swedfund, And IFC Participate In First Close Of Nepal-focused Dolma Impact Fund II

Generate Capital Starts Credit Unit to Finance Clean Technology

Generate Capital Inc. is starting a division that will provide credit to technology companies and project developers, expanding its lending strategy to fund sustainable infrastructure. The Generate Credit Platform will target loans to areas such as renewable power, energy efficiency, electric mobility and waste management, according to a statement Thursday. The San Francisco-based company has […]

Copper Hits Lifetime High Over Bets on Green Energy

Iberdrola Raises Bet on Japanese Offshore Wind Market

Iberdrola SA added to its growing portfolio of global offshore wind projects with its latest acquisition off the coast of Japan. The Spanish utility will develop the 600-megawatt Seihoku-oki wind farm with Japanese developer Cosmo Eco Power Co Ltd and Hitz engineering, the company said in a statement. It grows Iberdrola’s overall pipeline in Japan […]

Amarenco Secures Finance from Berenberg for 50-MWp Solar Park in Spain

India considers net-zero goal around 2050, a decade before China

Officials close to PM Narendra Modi are working with senior bureaucrats and foreign advisers to consider ways to meet the 2050 deadline. A 2047 target is also being considered, they said, to mark the centenary of India’s independence from British rule Top Indian government officials are debating whether to set a goal to zero out […]

Ministry of Power Takes Proactive Measures to Ensure 24×7 Power Supply to Oxygen Plants in the Country

California Utilities Propose Lower Payments on Rooftop Solar

Bloomberg – California’s three big investor-owned utilities proposed changes to the state’s rooftop-solar program that would lead to new connection charges and lower compensation for customers who install panels on their homes. PG&E Corp., Edison International’s Southern California Edison and Sempra Energy’s San Diego Gas & Electric filed a joint proposal Monday with state regulators […]

GAF Energy Builds Out U.S. Solar R&D And Manufacturing Facility

Biden’s Solar Dreams Collide With His Scorn for China ‘Genocide’

Bloomberg – President Joe Biden’s White House is trying to reconcile his desire to ratchet up U.S. renewable power generation with his outrage over alleged Chinese human-rights abuses in Xinjiang, a major supplier of a key component in solar panels. Factories in Xinjiang, a western region of China that’s home to the oppressed Uyghur minority, […]

GAF Energy Builds Out U.S. Solar R&D And Manufacturing Facility

AFL-CIO’s Trumka Demands Cutoff of Solar Products From Xinjiang

Bloomberg – The leader of the AFL-CIO demands that the Biden administration and Congress cut off imports of solar energy products from China’s Xinjiang region. The letter from the labor federation’s president, Richard Trumka, was addressed to National Security Adviser Jake Sullivan. Trumka singled out products that “contain polysilicon made with forced labor.” “These products […]

Amarenco Secures Finance from Berenberg for 50-MWp Solar Park in Spain