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Norway’s $1.3 Trillion Fund May Be Facing a Major ESG Handicap

Norway’s $1.3 trillion wealth fund, the world’s biggest, is handicapped in chasing its environmental, social and governance investment goals by the political process, according to Global SWF. The lengthy decision-making that determines which asset classes Norway’s investing behemoth can buy puts it at a disadvantage compared with smaller money managers, “in particular” regarding ESG, according […]

Poland sees energy transformation costing $120 billion by 2045

UK government expands electric vehicle charging schemes

The UK government has expanded its electric vehicle charging schemes with new funding worth up to £50m. Announced by the Department for Transport, the Electric Vehicle Homecharge Scheme, which provides up to £350 towards the installation of an electric vehicle chargepoint, will continue next year and will be expanded to people in rented and leasehold […]

Electric Vehicle Battle: Tata Motors to set up charging outlets before Tesla’s India entry

U.K. to Set Up Green Finance Hubs in Leeds and London from April

The U.K. will set up green finance hubs in Leeds and London as part of efforts to encourage lenders and insurers to invest in renewable energy and sustainable agriculture. The two cities will host the new U.K. Centre for Greening Finance and Investment, which will start work in April, with offices set up in following […]

Schneider, AES investment takes Uplight’s valuation to $1.5 bln

£20m UK scheme to boost on-street EV charging

The UK Government has released new funds to support the installation of up to 8,000 on-street electric vehicle chargepoints by April 2022. The £20m (€22.7m) scheme aims to help drivers without off-road parking (and therefore without the opportunity to install a domestic EV charger) to choose a plug-in car. The central government funding is designed […]

Electric Vehicle Battle: Tata Motors to set up charging outlets before Tesla’s India entry

Macquarie’s GIG launches new European solar energy company, Cero Generation

Macquarie’s Green Investment Group launches new European solar energy company, Cero Generation Cero Generation will deliver utility-scale and on-site generation projects, as well as integrated energy storage solutions, across Europe With more than 8 GW under development across 150 projects, Cero is launched with one of Europe’s largest solar development portfolios. Macquarie’s Green Investment Group (GIG) launches Cero Generation (Cero), a specialist solar energy company working across Europe […]

Poland sees energy transformation costing $120 billion by 2045

UK needs to install electric car chargers five times faster to hit goals

EV charger installations in UK need to increase to 35,000 points a year, from 7,000 now, according to a report by the Policy Exchange think tank. Getting the charging infrastructure ready quickly enough is a challenge around the world. Britain will need to install electric-vehicle charging points five times faster during this decade to prepare […]

Electric Vehicle Battle: Tata Motors to set up charging outlets before Tesla’s India entry

Nissan will build batteries in UK to sustain Sunderland plant

Batteries for the top-rung 62kWh version of the Leaf electric hatchback are currently produced in the USA and imported to the UK, while lower-capacity 40kWh units are built at Sunderland by Chinese firm Envision Group, which will also handle production of the larger units. Shifting all battery production to the UK will mean Nissan avoids […]

Spain to use EU funds for electric-car battery plant with SEAT, Iberdrola

Itramas targets 60% revenue from solar segment

KUALA LUMPUR: Itramas Corp Sdn Bhd remains optimistic of its business prospects and targeting a higher revenue of RM300mil this year from RM250mil previously, for its multiple segments, mainly green technology. Group managing director/chief executive officer Lee Choo Boo said the target was driven by a few ongoing as well as upcoming projects secured locally, […]

Japan’s Ichigo starts up 7.39-MW wind farm