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fossil fuels

IEEFA Report on GE Misread the Energy Transition: A Cautionary Tale

According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The report by IEEFA, ‘General Electric Misread the Energy Transition: A Cautionary Tale’, highlights GE and its primary shareholders as a case […]

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Investors Paid the Price For GE Misjudging the Potential of Renewables

Investors in GE lost billions due to the company misjudging the pace of the global energy transition towards renewable energy According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The […]

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Japan Shifts Focus to Nuclear and RE to Cut Carbon Emissions

Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet, said Japan faces […]

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Greenko Raises $495 Mn in Funding For 2.4 GW of Storage Projects

Greenko Energy has announced the signing of definitive agreements for a primary equity raising of $495 mn from an affiliate of GIC and ADIA. Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity raising of $495 million (mn) from an affiliate of GIC […]

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Solar Panels’ Efficiency Drop: UK Researchers Solve Key Flaw

The new research shows the first observation of a previously unknown material defect which limits silicon solar cell efficiency. Prof Tony Peaker, who co-ordinated the research in the University of Manchester, now published in the Journal of Applied Physics said: “Because of the environmental and financial impact solar panel ‘efficiency degradation’ has been the topic […]

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IRENA Report on Global energy transformation: A roadmap to 2050 (2019 edition)

Increased use of renewable energy, combined with intensified electrification, could prove decisive for the world to meet key climate goals by 2050. This study from the International Renewable Energy Agency (IRENA) highlights immediately deployable, cost-effective options for countries to fulfill climate commitments and limit the rise of global temperatures. The envisaged energy transformation would also […]

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ADB Grants $750 Mn For Railway Track Electrification in India

ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […]

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ADB Agrees To Help Finance 100-MW Solar Project in Cambodia

The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […]

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Interview with Sebastian Groh, Managing Director and Founder, SOLshare

Solshare’s Innovative Solution for Energy Access Through Nano Grids A Bangladesh based firm that has made it to the Global Cleantech 100 in 2018. That’s SOLshare, the nano grid firm. The company was formed in 2013, when Dr Sebastian Groh pitched the idea of SOLshare as one of the early outcomes of his PhD thesis […]

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