A surge in private lending for renewable energy projects this decade is key to meeting global targets to limit the rise of temperatures worldwide, according to the International Renewable Energy Agency. Governments and companies are working to cut greenhouse-gas emissions and limit the increase in global temperatures to 1.5 degrees celsius. To reach that, Irena, […]
Samsung Lagging on Renewable Energy Pledge: Greenpeace
The firm needs to broaden and deepen its commitment if it is going to have a genuine impact in the fight against climate change. Seoul: Smartphone and chip giant Samsung Electronics’ fulfilment of a headline-grabbing pledge to switch to renewable energy in the US, China and Europe accounts for less than 20 percent of its […]
AGL Installing A Bunch Of Solar Systems For St. Vinnies
St Vincent de Paul Society Victoria will soon be making huge savings on its electricity bills through the installation of solar power systems. AGL announced on Friday it will be installing 91 systems for the charity across the state – up to 1.6 MW of solar capacity in total capable of generating an estimated 1,992 […]
In the Race to Combat Climate Change, C.H. Robinson Sees 654% Increase in Renewables Business While the Booming Clean Energy Sector Faces Five Key Logistics Challenges
Eden Prairie, Minn., United States: At a time when world leaders are setting aggressive goals to fight climate change, global logistics company C.H. Robinson is realizing triple-digit growth in its renewable-energy logistics business and helping the renewables industry cope with five key challenges. Feeding the demand for wind and solar power depends not only on […]
Australia’s New Deputy PM Casts Shadow Over 2050 Net Zero Emissions Ambition
Australia’s reliance on coal-fired power makes it one of the world’s largest carbon emitters per capita, but its conservative government has steadfastly backed the country’s fossil fuel industries, arguing tougher action on emissions would cost jobs. CANBERRA: A climate change sceptic will be Australia’s new deputy prime minister after a leadership revolt in the coalition […]
Ikea Foundation, Rockefeller Foundation to Set Up USD 1 Bn Global Platform to Fight Climate Change
The Ikea Foundation and The Rockefeller Foundation on Monday said they will join forces to set up a USD 1 billion global platform to fight climate change and energy poverty. New Delhi : The Ikea Foundation and The Rockefeller Foundation on Monday said they will join forces to set up a USD 1 billion global […]
Shri R K Singh, Minister of State (Independent Charge) for Power Reviews Progress of Energy Transition And Energy Efficiency Measures in The Context of Climate Change
Committee/ Group to be set up having members from all relevant Ministries for implementation of roadmap on energy efficiency and low carbon technologies : Shri R. K Singh Ministries to keep focus on sectors with highest emissions intensity and ensure that wastage of energy is minimized. : Shri R. K. Singh Deployment of low carbon […]
Maldives Issues Tender For 40MW / 40MWh of Battery Storage
The Indian Ocean island nation of the Maldives has begun tendering for 40MW / 40MWh of battery energy storage systems across several regions. The Republic of Maldives’ government said some of the proceeds of financing it has received from the World Bank to help accelerate renewable and sustainable energy integration will be used to pay […]
Investor Confidence in Renewable Energy and Energy Storage Sectors Hits All-Time High
ACORE Releases $1T 2030 Campaign Progress Report and New Survey of Leading Financial Institutions and Developers WASHINGTON, D.C. : A new analysis released today by the American Council on Renewable Energy (ACORE) finds that confidence among both renewable energy investors and developers is at an all-time high. The report, Expectations for Renewable Energy Finance in […]
A Ray of Sunshine: Solar Industry Gets Fresh Push From PLI Scheme
India is a signatory to the Paris Agreement under the United Nations Framework Convention on Climate Change. As part of its Nationally Determined Contribution (NDC), India has three quantitative climate change goals viz. reduction in the emissions intensity of Gross Domestic Product (GDP) by 33 to 35 percent by 2030 from 2005 level, achieving about […]