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environmental

Good, But Not Good Enough: Solar Energy Growth in Light of the Paris Agreement

From December 2-13, UN Secretary-General António Guterres is hosting the UN Climate Change Conference (COP25) in Madrid, where global leaders are discussing their environmental agendas and specifying their nationally determined climate contributions. With solar playing a key role in the decarbonization of the energy sector, it is time for REC Group to take stock of […]

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EDPR Forced to Stop Work on 100 MW Wind Project in Ontario

EDPR has been forced to halt all construction activities for its 100 MW Nation Rise Wind Farm in Ontario after its Renewable Energy Approval was revoked EDP Renewables Canada (EDPR) has issued in a company statement that the firm strongly objects decision made by the Ontario Minister of the Environment, Conservation and Parks’ to revoke […]

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Vestas Bags 185 MW Wind Turbine Order in Chile

Vestas has received a 185 MW wind turbine order from Mainstream Renewable Power for the Cerro Tigre wind farm in Chile. Vestas has announced that global wind and solar development company, Mainstream Renewable Power has placed a 185 MW wind turbine order for the Cerro Tigre wind farm, to be located in the Antofagasta region, […]

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World’s First Fully Electric Commercial Aircraft Takes off in Canada

The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. The world’s first fully electric commercial aircraft took its inaugural test flight on November 10, 2019, taking off from Vancouver, Canada. “This proves that commercial aviation in all-electric form can work,” said Roei Ganzarski, […]

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ADB Meets Commitment to Double Annual Climate Financing to $6 bn

ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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Railways to Source 1GW Solar, 100MW Wind By 2021-22: Piyush Goyal

In a bid to go green, Indian Railways has planned to source about 1 GW (1,000 MW) of solar energy and approx. 200 MW of wind energy progressively by 2021-22, said Piyush Goyal. In a written reply to a question in Rajya Sabha, this information was provided by Piyush Goyal, Minister of Railways and Commerce […]

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Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid

Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […]

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Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets

Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […]

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