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Advances in Storage Disrupting the US Electricity Sector: Report

According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […]

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UNDP and IRENA to Accelerate Low-Carbon Energy Transition

UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development.  Under the cooperation, the organizations will explore joint initiatives aimed […]

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Nordex Bags Orders Worth 187 MW in Spain and Poland

Nordex Group has recently announced that it has won two orders worth 187 MW for wind projects in Spain and Poland. European wind energy major, Nordex Group has recently announced that it has won two orders worth 187 MW for wind projects in Spain and Poland. The first project in Spain has been received from […]

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Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018

A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […]

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BESCOM Planning For 650 EV Charging Stations in Karnataka

BESCOM has revealed that it plans to install 650 EV charging stations in the state of Karnataka, with 100 stations planned for Bengaluru. The Bangalore Electricity Supply Company (BESCOM) has revealed that it plans to install 650 Electric Vehicle charging stations in the state of Karnataka, with 100 stations planned for Bengaluru. The proposal has […]

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Vattenfall Issues its First Green Bond Worth EUR 500 Mn

In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […]

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Target Commits to Sourcing 100% Renewable Electricity by 2030

Target Corporation, the eighth-largest retailer in the US plans to source 100 percent of its electricity needs from renewable energy sources by 2030. Target Corporation, the eighth-largest retailer in the United States has announced its plans to source 100 percent of its electricity needs from renewable energy sources by 2030. The goal will apply to […]

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Norway Passes Law, Sovereign Fund To Become More Greener

Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […]

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Global Action Needed to Scale Up Hydrogen For a Clean & Secure Energy Future

The world has an important opportunity to tap into the vast potential of hydrogen to become a critical part of a more sustainable and secure energy future, the International Energy Agency (IEA) has revealed in a major new report. The in-depth study, which analyses hydrogen’s current state of play and offers guidance on its future […]

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