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IRENA and AfDB to Scale up Renewable Investments in Africa

IRENA and AfDB have agreed to work together to advance energy transition through initiatives that support renewable investments in Africa The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the energy transition in Africa through joint initiatives that support investments in low-carbon energy projects. […]

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EVs Could Account for 43% of Total Vehicle Sales in India by 2030: CEEW-CEF

CEEW-CEF has revealed that according to its high adoption scenario, EVs could account for 43% of the total new vehicle sales in India by 2030. A new study by the CEEW – Centre for Energy Finance (CEF) has analysed segment-wise electric vehicle (EV) sales, battery requirements, public charging infrastructure necessary, and the investments needed until […]

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1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC

OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […]

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Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […]

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India’s Leadership on Solar and Global Carbon Neutrality Goals can Help Achieve Climate Goals

UN DSG Amina Mohammed has said that India’s leadership on solar is reason to believe that “we can achieve our climate goals.” UN Deputy Secretary-General Amina Mohammed has said that India’s leadership on solar and industry transition amidst over 110 countries committing to carbon neutrality goals by 2050 is reason to believe that “we can […]

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Ørsted Takes FID on 430 MW Solar Project Near Houston

Ørsted has taken final investment decision on the Old 300 Solar Center, which is located in Fort Bend County, 40 miles from Houston, Texas, and is expected to come online in Q2 2022. Over the past year, Ørsted has significantly increased its solar portfolio and with the addition of Old 300, now has 1.1 GW […]

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COVID-19 Further Slowed Down Global Progress on Energy Efficiency: IEA

A new IEA report has stated that the already sluggish pace of global progress on energy efficiency is set to slow further as a result of the economic impacts of the COVID-19 crisis. A new report by the International Energy Agency (IEA) has stated that the already sluggish pace of global progress on energy efficiency […]

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Senvion Enters Agreement to Sell 100% of its Indian Operations

Senvion GmbH has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India Senvion GmbH has announced that it has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India on December 1, 2020. Senvion had previously ring-fenced the Senvion India […]

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