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Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019, according to the eighth edition of Renewable Energy and Jobs: Annual Review 2021. The report was released by the International Renewable Energy Agency (IRENA) in collaboration with the International Labour Organization (ILO) at a high-level opening of IRENA’s Collaborative Framework […]
Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over the last century before switching to renewables in the late 1990s, are selling […]
SECI’s auction for 2.5 GW of Round the Clock (RTC) supply of power from thermal plus renewable energy has attracted a strong response, with the lowest bid coming in at Rs 3.01/unit. The tender, floated in March 2020 for 5 GW, had been amended in August 2020 to enable easier participation for thermal players. By […]
Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […]