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Green Energy

Praj Industries Brings New Biotechnology by Producing “Bio-bitumen”

One of India’s proficient biotechnology firms, Praj Industries today announced that it has achieved a milestone in innovation technologies by producing a Bio-bitumen based on lignin. As per the firm’s claim, Praj’s Bio-bitumen samples processed from purified Lignin, as a part of their flagship CHAPLIN program, have been approved by the Netherlands-based Circular Biobased Delta […]

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Maxeon’s New Silicon-based Solar Panels Coming Out This Summer

Headquartered in Singapore, solar manufacturer Maxeon Solar Technologies Ltd. announced today that it will release a new line of frameless, thin, lightweight, glass-less, and flexible silicon-based solar panels this summer called Maxeon Air. The panels will be made available in select European markets in the second half of 2021, before a general global release in the […]

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Great First Three Months of 2021: Installed Wind Power in U.S. up by 40%

The American Clean Power Association (ACP) released its Clean Power Quarterly Market Report last week, which shows that U.S. project developers installed nearly 40% more wind power in the first three months of 2021 than in the first three months of 2020, the strongest year ever for clean power. This amount of development also represents nearly […]

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DMG and Argo Team Up To Decarbonise Cryptocurrency

In a joint statement released yesterday, DMG Blockchain Solutions Inc. and Argo Blockchain Plc announced their partnership in the Crypto Climate Accord (CCA) to promote the decarbonization of the cryptocurrency industry. Alongside the CCA, DMG and Argo are developing a new working group to more clearly outline the CCA’s objectives, while deploying new technologies that […]

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ReNew Power Goes with Gujarat For Solar Component Manufacturing Plant

Leading renewable energy firm ReNew Power has announced that it will be going to Gujarat for the development of a solar cell and module manufacturing plant. The manufacturing plans had been announced by ReNew Power last year, and it has picked the Dholera Special Industrial Region (DSIR), about 100 km away from Ahmedabad . Gujarat, […]

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JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment

JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […]

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IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues

The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […]

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PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV

SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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