Renewable Energy

Sasol and Air Liquide to launch the Renewable Energy procurement programme for its South African Operations

April 29, 2021 Anand Gupta

Sasol and Air Liquide are inviting bidders to participate in a Request for Proposal (RFP) process for the supply of renewable energy to Sasol’s South African operations. An international integrated chemicals and energy company, Sasol’s core business is leveraging technologies and the expertise of its people to build and operate world-scale facilities to produce a […]

Renewable Energy

Netherlands company Ingka to invest €4 billion for renewable energy

April 27, 2021 Anand Gupta

Ingka, a leading Ikea retailer headquartered in the Netherlands, has recently announced that it will accelerate its investments in renewable energy by an additional €4 billion, to support the transition towards a renewable energy future. The investment will support reducing Ingka’s climate footprint and a broader transition to a net-zero society. In the past decade, […]

Renewable Energy

Green certificates trading shrinks to 920,000, 6 mn inventory piles up

April 26, 2021 Anand Gupta

RECs piled up till March-end due to a halt in trading The renewable energy certificates market shrank to 9.2 lakh RECs in 2020-21 while 60.58 lakh RECs piled up till March-end due to a halt in trading, which also impacted the ability of distribution companies to meet their renewable purchase obligation (RPO). According to industry […]

Renewable Energy

Visionstate Signs Letter of Intent to Acquire Exceed Solar, a Renewable Energy Company

April 24, 2021 Anand Gupta

EDMONTON, Alberta : Visionstate Corp. (TSX-V: VIS) (“Visionstate” or ‘the Company”) is pleased to announce that on April 15, 2021, it has signed a Letter of Intent to acquire the outstanding shares of Exceed Solar, an Alberta-based renewable energy company focused on smart, high-tech building envelopes for residential applications. The strategic acquisition is in line […]

Google Unveils Largest Green Power Investment Plan Ever

Renewable Energy

NextEra Inks $733 Million Wind Purchase in Latest Green Deal

April 20, 2021 Anand Gupta

NextEra Energy Inc. agreed to acquire four wind farms from Brookfield Renewable Partners LP for $733 million in the energy giant’s biggest purchase since 2019. The wind turbines have combined output of almost 400 megawatts and have long-term sales contracts for their power, NextEra said in a statement on Monday. Three are in California and […]

Renewable Energy

AB InBev Tries to Sell a Better Climate With Solar-Powered Beer

April 20, 2021 Anand Gupta

Anheuser-Busch InBev will use solar power to brew Michelob Ultra Pure Gold beer in its latest effort to appeal to younger, more environmentally conscious consumers. The beermaker said it has purchased more than enough solar energy for production, and is part of its goal to use only renewable energy sources by 2025. It adds to […]

Renewable Energy

Around 600 jobs to created from converting Moneypoint to clean energy hub

April 16, 2021 Anand Gupta

Moneypoint must stop using coal by 2025 under national climate action policy, at which point the plan is to transform the 300 acre site and its deep water port into a clean energy hub marketed as ‘Green Atlantic’. Six hundred jobs are expected to be created during the construction of the country’s first floating offshore […]

Renewable Energy

Duke Energy and Wells Fargo sign renewable power agreement

April 9, 2021 Anand Gupta

Wells Fargo has executed a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program. Duke Energy announced that Wells Fargo will purchase more than 58 megawatts (MW) of solar capacity from the Blackburn Solar project, a planned facility on 600 acres in Catawba County. It will be developed, owned and operated by a […]

Renewable Energy

AEML to source 30% power from RE by 2023, customers can opt by paying more

April 8, 2021 Anand Gupta

Customers can opt for using the renewable power by paying 66 paise extra per unit of electricity, as per a regulatory order, and will be provided with a certificate stating the share of RE in the overall power consumed in a month, according to a statement said. Private sector discom Adani Electricity Mumbai on Wednesday […]

Renewable Energy

Renewable energy access key to climate adaptation in Africa: UN chief

April 7, 2021 Anand Gupta

Support for climate adaptation in Africa is crucial, UN Secretary-General António Guterres said on Tuesday in appealing for greater action to provide renewable energy to hundreds of millions who still lack access to reliable and affordable electricity. “As the continent that has contributed least to the climate crisis, Africa deserves the strongest possible support and […]

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