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green energy

Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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Sweden Comes Out on Top in IEA’s Energy Transition Country Review

Sweden is a global leader in building a low-carbon economy, with the lowest share of fossil fuels in its primary energy supply among all IEA member countries, and the second-lowest carbon-intensive economy. Sweden has been successful in its energy transformation through market-based policies that focus on energy efficiency and renewable energy, notably CO2 taxation, which has […]

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Apple Set to Surpass its Clean Energy Goals with New Supplier Commitments

Global tech-major, Apple has revealed that it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, the California-based tech company will exceed its goal of bringing 4 GW of […]

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MNRE HQ Building To Use Solar Energy & Become Net-Zero Energy Complex

The Akshay Urja Bhawan will be located in Delhi, right opposite the premises which the ministry presently occupies in the CGO Complex here. To promote sustainable practices, the Ministry of New and Renewable Energy (MNRE) has conceptualised a “net-zero energy complex” for its new headquarters in New Delhi. The Akshay Urja Bhawan will be located […]

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Fourth Partner Energy Commissions Rooftop Solar Projects Over 3 MW in Telangana

In Telangana, the scheme provides for government offices to switch to solar power at zero capital costs, and avail electricity at a flat rate of Rs 3.14/unit for 25 years. Fourth Partner Energy, one of India’s leading distributed solar rooftop energy company, has announced the commissioning of 8 solar projects with a capacity of 3116 […]

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$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments

The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […]

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Promote RE to Ensure Energy Security & Protect Climate : Naidu

The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […]

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Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025

The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […]

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