Europe & UK

Europe & UK

Deutsche Bank Expands ESG Debt Products With Green Repo – EQ Mag Pro

September 11, 2021 Anand Gupta

Deutsche Bank AG has just completed its first green repurchase agreement, marking another foray into a world of increasingly complex ESG instruments. It’s the latest example of product proliferation in a market that’s moving much faster than regulators. JPMorgan Chase & Co. has already said it plans to attach environmental, social and governance labels to […]

Europe & UK

Germany ratifies ISA agreement, hands Instrument of Accession – EQ Mag Pro

September 11, 2021 Anand Gupta

New Delhi : Germany has ratified the International Solar Alliance agreement, and the instrument of accession was handed over to officials of the External Affairs Ministry in Delhi, MEA said. “Germany Ratifies ISA Agreement! handed Instrument of Accession to International Solar Alliance, during meeting of Dr Maria Flachsbarth and Mr Norbert Barthle, Parliamentary State Secretaries, […]

Europe & UK

EIB Vice-President Lilyana Pavlova visits Skopje and reaffirms EIB support for North Macedonia’s green and digital development – EQ Mag Pro

September 10, 2021 Anand Gupta

The EIB is committed to supporting new projects for climate action, climate adaptation and mitigation by providing accessible finance and technical assistance. To date, the EIB Group has invested some €1 billion in the economic and social development of North Macedonia As part of the Team Europe financial package for the COVID-19 recovery in the […]

Odisha govt asks green energy development agency to promote solar power

Europe & UK

Ascent Solar Receives $5M In First Tranche of BD 1 Funding

September 8, 2021 Anand Gupta

THORNTON, CO : Ascent Solar Technologies, Inc. (Ascent Solar” or the “Company”) (OTCMKTS: ASTI), a developer and manufacturer of state-of-the-art, lightweight, flexible thin-film photovoltaic (PV) solutions, is pleased to announce that the Company has received $5M from BD 1 Investment Holding, LLC (“BD 1”), the largest stakeholder of Ascent Solar, as the first tranche of […]

Europe & UK

European Union Solar Power Generation Hits Record High In June, July

August 18, 2021 Anand Gupta

The 27 countries in the bloc generated nearly 39 terawatt hours (TWh) of power from solar panels during June and July, up 10.9 TWh from 2018, data from Ember showed. PARIS: Solar power supply in the European Union during June and July rose to a record high in 2021, accounting for 10% of total electricity […]

Europe & UK

Climate Group Appoints Sumant Sinha As Trustee On UK Board For 3 Years

August 18, 2021 Anand Gupta

In a statement issued here, Climate Group said it welcomes the two new trustees, Meryam Omi and Sumant Sinha, to the UK board. London-based Climate Group on Tuesday announced the appointment of Sumant Sinha, chairman and managing director of domestic renewable energy company ReNew Power, as a trustee on its UK board for three years. […]

New method of producing hydrogen shows energy-efficient route to manufacturing of fuel

Europe & UK

UK Government Launches Strategy For Low-Carbon Hydrogen Production

August 17, 2021 Anand Gupta

LONDON : The British government launched a strategy on Tuesday to meet its goal of 5 gigawatts of low-carbon hydrogen production by 2030 to replace natural gas in powering around three million homes, as well as industry and transport. The government aims to replace gas with “green” hydrogen, made through electrolysis powered by renewable energy […]

Europe & UK

Spain to Sell Green Capacity to Curb Future Energy Prices

August 17, 2021 Anand Gupta

Avid natural gas demand and the rising cost of European Union permits to emit planet-warming carbon dioxide have pushed up electricity prices in many countries and prompted political squabbles in Spain. Spain will launch an auction process for renewable generation capacity this week as the country reels from record-high power prices and seeks ways to […]

Europe & UK

Heidelberg Cement Inks Long-Term PPA With Lalganj Power (100% WAOS of Fourth Partner Energy)

August 13, 2021 Anand Gupta

HeidelbergCement India Limited has signed a long-term power purchase agreement to purchase around 22 Gigawatt hours per annum solar energy under captive arrangement for its facility located in Jhansi, Uttar Pradesh. In addition to the 100MW Solar Park at Saharanpur, Fourth Partner Energy is building two more parks i.e 100MW in Jhansi and 14 MW […]

Europe & UK

Italy’s ERG Says Only Minor Disruption From Cyber Breach

August 6, 2021 Anand Gupta

Milan : Italian renewable energy group ERG (ERG.MI) said on Wednesday a cybersecurity breach had caused only minor disruption to its information and communications technology (ICT) infrastructure, adding all its plants were working properly. Earlier on Wednesday Italian newspaper La Repubblica said ERG had been targeted by a ransomware attack on Friday, citing hackers claiming […]