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Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline

Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […]

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Verizon Prices Second Green Bond, to Fund Renewable PPAs

Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first. Verizon Communications has announced the pricing of its second Green Bond offering which follows its recent completion of the allocation of its first Green Bond and solidifies its position as a telecommunications industry leader in […]

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LG Chem to Split Battery Business into new Enterprise

LG Chem will split its battery business to create a new enterprise that will focus solely on battery technology and related operations. LG Chem has announced that it will split its battery business from the rest of its operations to create a new enterprise that will focus solely on the battery technology and related operations. […]

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Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio

Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […]

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TN, AP and Telangana Account for 71% Discom Dues to RE Generators

Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector.  Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […]

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The World can and Must Achieve Net-Zero Emissions by 2050: Report

A new report by ETC argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century. A new report by the Energy Transitions Commission (ETC) argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century and that “zero must mean […]

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Exide Forms Li-ion JV; Working on Solutions for Hybrids and EVs

Lead-acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs), the firm confirmed on said on September 15, 2020. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. “The company is developing advanced […]

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bp & Microsoft Partner to Drive Digital Energy Innovation & Net Zero Goals

bp and Microsoft will collaborate as strategic partners to further digital transformation in energy systems and advance their net-zero carbon goals. bp and Microsoft Corporation have announced that they have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net-zero carbon goals of both companies. This includes a […]

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