Solar stocks are on a roll across the board Wednesday as the Georgia runoff election results have lifted hopes for a more robust green energy agenda. Democrats look set to win both tight races in Georgia, securing a slim majority in the US Senate, according to projections by Decision Desk HQ and Insider. Investors are […]
Petition of UPERC Promotion of Green Energy through Renewable Purchase Obligation
Order dated 18/12/20 for Petition Number 1565 of 2020 – UPPCL – Petition under Regulation 18 of UPERC Promotion of Green Energy through Renewable Purchase Obligation Regulation 2010 read with Regulation 57 of UPERC CBR 2019 seeking relaxation of Regulation 7 regarding implementation of RPO Regulatory Fund as mandated by UPERC in its order […]
Why 2020 is a great year for green energy
Despite the massive disruptions brought about by the Covid-19 pandemic, which has led to losses, slowdowns, downsizing and bankruptcies in a lot of businesses, 2020 has been very good for the renewable energy market. While oil companies are reeling from collapse of crude prices due to fall in demand, green energy like solar and wind […]
Green-energy ship of Titanic proportions: Hydrogen-fueled ferry in the works
To be named Europa Seaways, the hydrogen-powered ferry will be the largest and the most powerful of its kind. The ferry will be developed by Denmark and Norway, and will have space for 1,800 passengers and 380 cars. When it comes to green mobility, Scandinavian countries are often known to not just show the way […]
Green Energy Shift to Bring $120 Million a Year to Two Utilities
Fortum Oyj is looking to divest its consumer business and pushing into renewables and hydrogen as the Finnish utility aligns its strategy with its newly acquired German power company Uniper SE. The joint plan comes eight months after Fortum secured majority ownership of Uniper in a fractious takeover battle fiercely resisted by the German company’s […]
India has targeted to have it’s Islands- A&N and Lakshadweep as Green Energy says Shri R.K Singh
Shri R K Singh, Union Minister of New & Renewable Energy and Power, today assured full cooperation to the Maldives, the Island nation in its efforts to promote RE projects. While speaking at Country session of Maldives during 3rd Global Re-Invest, Shri Singh said India has also prioritised to have its Islands fully on green […]
Black gold and green energy: How big oil is investing in the energy transition
Introduction As societies around the world make concerted moves to reconstruct and recover in the wake of COVID-19, the climate emergency remains front and centre for policymakers, business leaders, and investors. The impact of climate change on the environment has been dubbed the ‘ultimate negative externality’[1] for humanity: a harmful development which may adversely impact communities, […]
EGEB: The world’s most widely used green energy? Hydropower
Hydropower leads UK-based industrial technology and products company RS Components has analyzed data from the US Energy Information Administration to reveal the most popular green energy sources in every country in the world, as well as the countries that produce the most of each type of renewable energy. Hydropower is the most-favored option by a […]
Green energy developers steer clear of China funding links
Indian green energy promoters have told deal advisors to ensure there’s no China connection to inbound funds, according to several developers currently raising funds. Given the long duration involved in closing such deals, promoters say they are trying to avoid a situation where they discover a China connection later, which could set back the whole […]
Two solar plants bring green energy to the grid
Two utility-scale solar plants in the Northern Cape, have commenced commercial operations, adding a collective 132MW to South Africa’s generation capacity. Aggeneys Solar and Konkoonsies II Solar, situated within 35kms of each other, are expected to produce enough each year, to power circa 110,000 households collectively. “This is a significant milestone, that sees the first […]