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clean energy

U.K. Poised to Become Net Energy Exporter to Europe in Near Future

Although the UK currently imports around 7% of its electricity from Europe, the tables are going to be turned soon, partly due to the on-going establishment of new links to the continent. Aiming to quadruple offshore wind capacity this decade, the UK could have excess power to send through those transmission lines. Consequently, the UK […]

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Charles River & Duke Energy sign VPPA for 250 MW Solar project in Texas

Charles River Laboratories International, Inc. yesterday announced a long-term solar energy contract to address the entirety of the company’s North American electric power requirements with clean, renewable energy by 2023. Charles River and Duke Energy Sustainable Solutions have entered into a 15-year, 102 megawatt (MW) virtual power purchase agreement (VPPA). Charles River’s portion of the […]

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Bengaluru Airport Becomes Net Energy Neutral, Saves 22 Lakh Units

On World Environment Day, Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has achieved net energy neutral status in the fiscal year 2020-21. BIAL considers this one of its ambitious goals as it already set the target to become Net Energy Neutral by 2020-21. Even it claims to begin 2021-22 promisingly […]

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5 Energy Megatrends for Latin America- Chinese Dominance, Cyberattacks And More

Americas Market Intelligence (AMI), a strategic research and business intelligence firm has released a new report, 5 Megatrends For Latin Americas Energy Sector for 2022 and Beyond  in which it has highlighted  five major changes taking place in Latin America’s energy sector: Cleaner fossil fuels gaining traction as Latin America’s green energy market expands. China’s control […]

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Global Energy Investments Far From a Net Zero Pathway: IEA

As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […]

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CESL & CLASP Sign MoU to Deploy High-quality Energy Efficiency Tech

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), signed a Memorandum of Understanding (MoU) today, with CLASP, an international non-profit organisation, for the deployment of high-quality energy efficiency technologies. Convergence is focused on delivering clean, affordable and reliable energy through providing energy solutions that lie at the confluence […]

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GE Renewable Energy Bags Big Onshore Wind Contract in Southeast Asia

California-based GE Renewable Energy announced yesterday that it has secured a contract with BIM Wind JSC to supply, install and commission GE Cypress onshore wind turbines for BIM Wind’s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as […]

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IFC Supports Wind Projects to Advance Renewable Energy in Vietnam

As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […]

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Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA

Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […]

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