Renewable Energy

Apple’s $4.7 Bn Green Bond Spend Will Help Generate 1.2 GW Renewable Energy

Apple’s newly completed projects, part of the company’s USD 4.7 billion Green Bond spend will generate 1.2 GW of renewable energy globally Apple’s newly completed renewable projects, part of the company’s planned USD 4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green […]

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Noon Energy’s Breakthrough Renewable Energy Storage Technology Lands $3M Seed Investment

Noon Energy Inc., developer of a revolutionary ultra-low-cost battery technology for long-duration energy storage, closed a $3 million Seed stage investment. Prime Impact Fund led the round and was joined by At One Ventures, Collaborative Fund, and Xplorer Capital. “Long duration storage is the missing link to a fully renewable electric grid. This is a difficult challenge because storage times must be […]

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419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW

MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […]

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Five Years After Paris Agreement, Slow Progress On RE Commitments- IRENA

The International Renewable Energy Agency has released a report including updates on renewable energy and climate change pledges after five years of the Paris Agreement. With the adoption of the Paris Agreement on 12 December 2015, nearly all countries around the world agreed to keep the rise in the average global temperature well below 2 […]

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Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report

An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […]

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PG&E Surpasses California’s 2020 Renewable Energy Goal

Pacific Gas and Electric Company (PG&E) exceeded California’s Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E […]

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Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra

Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […]

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IRENA & IDB to Foster Sustainable Energy Future in LAC Countries

The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) have signed a partnership that will help drive the energy transition in Latin America and the Caribbean (LAC) in line with the 2030 Agenda for Sustainable Development and the Paris Agreement. The partnership is built around knowledge-sharing in the context of promoting regional […]

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Total Wins 50 MW Solar Projects in Latest French Tender

Fuel, natural gas, and electricity provider, Total Group has been awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender, through its renewable energy subsidiary in France, Total Quadran. “Total thus confirms its position as number 1 in solar development in France with close to […]

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