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Sustainable Energy

EIB Backs EUR 1 Bn Clean Energy Investment in Europe and Central Asia

EIB has approved a new investment across Europe and around the world to improve clean energy, sustainable transport, etc. The European Investment Bank (EIB) has announced that its board has approved a new investment across Europe and around the world to improve clean energy, sustainable transport, high-speed communications, and social housing, as well as health […]

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Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform

Generate  (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […]

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US DOE Announces $297 Mn for Sustainable Transportation Research

The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies.  The investment, split up between three, separate funding […]

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Evergy to Reduce Emissions by 80%, Adds 660 MW Wind Energy to Portfolio

Evergy has announced that it will expand its wind energy portfolio by 660 MW, and reduce carbon output by 80 percent below 2005 levels by 2050. Evergy, an American investor-owned utility operating in Kansas, has announced with the Kansas Gov. Laura Kelly that it will expand its wind energy portfolio by 660 MW, and reduce […]

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Yellow Door Energy Signs two Agreements With Saudi Arabia’s APICORP

Yellow Door Energy will install solar panels at APICORP’s headquarters in Dammam and retrofit the building with energy-efficient technologies. In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, have announced that it signed two agreements with Yellow Door Energy (YDE), a […]

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Corporations Bought Record Amount of Clean Energy in 2019: BNEF

Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […]

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WEC Energy to Acquire 80% Stake in 250 MW Blooming Grove Wind Farm

The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The project is being developed in McLean County, Illinois […]

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EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India

The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […]

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Wind Energy Crucial for Europe’s ‘Carbon Neutral by 2050’ Target

The EU recently announced measures towards being carbon neutral by 2050, and Wind is expected to play a crucial role in achieving that target The European Union (EU), whose 28 members collectively account for the world’s third-largest emitter of greenhouse gases after China and the US, further strengthened its long-term commitment by announcing the Sustainable […]

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