SALT LAKE CITY: CleanSpark, Inc. (Nasdaq: CLSK)(“CleanSpark” or the “Company”), an advanced software and controls technology solutions company, focused on solving modern energy challenges, today announced it has partnered with Symmetric Energy (Symmetric) to target new microgrid projects in Northern California. The objective will be to provide reliable back-up energy or off-grid power using […]
World Bank report finds “slower” global progress on sustainable energy policies
RISE – Regulatory Indicators for Sustainable Energy – 2020 measures policy progress in 138 countries on renewable energy, energy efficiency, electricity access, and access to clean cooking – the four target areas of Sustainable Development Goal 7 (SDG7), which calls for achieving access to affordable, reliable, sustainable and modern energy for all by 2030. While […]
AIIB Joins MDBs to Launch the First Joint Report on Financing the Sustainable Development Goals
The Asian Infrastructure Investment Bank (AIIB) joined a group of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) in launching a first-ever joint report on financing the Sustainable Development Goals (SDGs). The report is released at the end of a critical year, in which the COVID-19 pandemic threatens to reverse progress on […]
Fitch Upgrades Indian Renewable Energy Development Agency to ‘BBB-‘; Outlook Negative
Fitch Ratings – Hong Kong: Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to […]
EIB joins 11 leading multilateral development banks and IMF to launch the first joint report on financing the Sustainable Development Goals
First-ever report on MDBs’ contribution to the SDGs MDBs collectively mobilized $230 billion to reduce the impact of the pandemic $75 billion will be directed to the world’s poorest countries by the end of 2020 The EIB joined a group of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) today in launching […]
Covid Hits Clean Energy in Developing Nations After Record Year
Investment in clean energy is slowing in developing countries this year after a record-breaking $32 billion flowed into the business in 2019, according to an analysis by BloombergNEF. Last year’s foreign direct investment in developing countries rose by a third from 2018 as solar and wind farms increasingly became a cost-competitive alternative to fossil fuels, […]
Petition for seeking suitable energy accounting mechanism to be applicable during lockdown under Covid-19 situation
Petition under Regulation 18, 19 and 20 of RERC (Connectivity and Net Metering for Rooftop and Small Solar Grid Interactive Systems) Regulations, 2015 and Regulation 72 of RERC (Transaction of Business) Regulations, 2005 seeking suitable energy accounting mechanism to be applicable during lockdown under Covid-19 situation. 1. As and when Commission initiates the process […]
IHS Markit: Why 2020 Really is the “Pivot Point” for Energy Transition
For the past 30 years, noncarbon energy’s share of global primary energy demand compared to fossil fuels held remarkably steady—that is now starting to change “2020 is shaping up to be a ‘pivot point’ in the energy transition—the moment when noncarbon energy’s share of global demand increases compared to fossil fuels,” according to a new […]
Companies form initiative to scale up green hydrogen production
“Green” hydrogen is a zero-carbon fuel made by electrolysis, using renewable power from wind and solar to split water into hydrogen and oxygen. LONDON: Seven companies, including developer ACWA Power and Spanish utility Iberdrola , have formed a joint initiative to scale up production of “green” hydrogen in the next six years and bring down […]
Power consumption growth slows to 4.7 pc in November
Power consumption had entered positive territory in September and recorded a double-digit surge in October, showed the power ministry data New Delhi: India’s power consumption growth rate slowed to 4.7 per cent at 98.37 billion units (BU) in November this year amid the onset of early winters especially in the Northern part of the country. […]
