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Germany To Build First Green Ammonia Import Terminal in Hamburg

Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site.  The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate […]

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A South American Success Story In Renewables – Chile

South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […]

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Switzerland’s Pexapark, Sweden’s AFRY Develop Valuation Framework for RE Investments

 AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the market’s first ‘Daily Valuation Curve’. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a […]

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Will Hydrogen Contribute Toward Energy Transition Of India?

The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […]

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KKR’s Subsidiary IndiGrid Records Strong Growth with Q2 FY23 Revenue up 6% YoY

IndiGrid [BSE: 540565 | NSE: INDIGRID], which claims to be the first Infrastructure Investment Trust (“InvIT”) in the Indian power sector has announced its results for the quarter ended September 30, 2022. The consolidated revenue for the quarter was up 6% YoY in Q2 FY23 to ₹ 5,807 million while the consolidated EBITDA also increased […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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Bank Of America, Crossboundary Partner for RE Expansion Across Africa

Renewable energy players, governments and financial institutions are leaving no stone unturned to expand the deployment of RE through pacts and agreements on the sidelines of COP-27. African renewable energy conglomerate CrossBoundary Energy has announced in Sharm el-Sheikh, Egypt at the COP27 about their intention to explore financing solutions with Bank of America to rapidly […]

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Three Firms That Have Surprised Us With Their Plunge Into EV Charging

The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […]

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Spain’s Fotowatio Renewable Ventures Acquires Majority Stake in 600 MW Greek BESS

Sustainable energy solutions developer, Fotowatio Renewable Ventures (FRV), as part of Abdul Latif Jameel Energy, has announced the acquisition of a majority stake in a 600 MW battery electricity storage systems (BESS) project from Wootis SA in Greece. The battery storage is divided into several facilities spread across Greece. Madrid-headquartered FRV said in its official […]

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