Renewable Energy

ReneSola Power Announces Sale of 6.8 MW of Projects in Canada

March 25, 2020 Anand Gupta

STAMFORD, Conn.: ReneSola Ltd (“ReneSola Power” or the “Company”) (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of operating projects located in Canada to Grasshopper Energy, a global solar developer and asset owner headquartered in Canada.’ The portfolio consists of 15 […]

Renewable Energy

The African Development Bank’s Facility for Energy Inclusion attracts $160m in commitments for small-scale renewable energy

March 16, 2020 Anand Gupta

The African Development Bank, the European Commission, KfW, the Clean Technology Fund, Norfund, and other investors have committed nearly $160 million to the first close of the Facility for Energy Inclusion or FEI. FEI is a targeted $400 million fund to improve energy access across Africa through small-scale renewable energy and mini-grid projects. Spearheaded by […]

Renewable Energy

Vestas wins 53 MW order from Pacifico and Green Bear Poland

December 18, 2019 Anand Gupta

Vestas has bagged a 53 MW order from Pacifico Group and Green Bear Cooperation Poland, a company of Optima Wind Group, for the wind projects Debowa Laka, Swiecie and 12 W located in Kujawsko voivodship, north-central Poland. Vestas will start the delivery of turbine in the second quarter of 2020, while commissioning is planned for […]

Renewable Energy

Go aggressive on renewables

December 14, 2019 Anand Gupta

India’s green energy initiatives will gain full steam only when enabling mechanisms and infrastructure are ready Increase in per capita consumption leads to GDP growth, but it poses two major threats — rapid depletion of existing natural resources and release of large quantities of harmful gases, causing health hazards. The primary energy consumption comes from […]

Renewable Energy

India ranks ninth on Climate Change Performance Index

December 12, 2019 Anand Gupta

India ranked ninth on the Climate Change Performance Index (CCPI), above countries like Finland, Chile, and Norway. Efforts made by India to tackle and control climate change finally have been put into action with the country scoring 66.02 points on the scale. The highest-ranking country was Sweden at number four, clocking in 75.77 points, […]

Renewable Energy

Scientists Have Developed A Bacteria That Can Eat Carbon Dioxide

December 5, 2019 Anand Gupta

Researchers have devised a method to create bacteria that can consume carbon dioxide to produce biomass. The method can be used for carbon-neutral production of various products as it utilizes carbon dioxide. Escherichia coli (E. coli) is a heterotrophic bacterium— it cannot create its own food using photosynthesis. The bacteria is dependent on consuming organic […]

Renewable Energy

Fulfil pre-2020 emission pledge: India urges nations

December 4, 2019 Anand Gupta

“The pre-2020 implementation gaps should not present an additional burden to developing countries in the post-2020 period,” the Indian government said in an official statement. India said if the developed countries fail to meet their Cancun pledge… MADRID: India has called on the rich, industrialised countries to take the lead in combating climate change and […]

Renewable Energy

Ireland’s Gigawatt-Scale Tender Opens Door for Onshore Wind

December 4, 2019 Anand Gupta

But the first auction includes a special carve-out for solar, and offshore wind will play a major role in upcoming rounds. Ireland has launched the first round of its new renewable power auction process, with nearly 1 gigawatt of capacity available for onshore wind if it proves to be the lowest-cost option. The Renewable Electricity […]

Renewable Energy

Repsol Is First Oil Major to Pledge Zero Emissions by 2050

December 4, 2019 Anand Gupta

Repsol SA embarked on the most ambitious attempt yet by an oil major to align itself with the Paris climate goals, saying it will eliminate all greenhouse gas emissions from its own operations and its customers by 2050. The Spanish giant’s exploration and production unit will focus on value instead of output growth, according to […]

Renewable Energy

Climate Change: Nine nations agreed to join India led CDRI

November 30, 2019 Anand Gupta

International Coalition for Disaster Resilient Infrastructure (CDRI) is a corpus aimed at funding technical assistance and research projects on climate change on an ongoing basis over a period of 5 years from 2019. In pursuance to its commitment for international cooperation on fight against Climate Change, India has approved an allocation of Rs 480 crore […]

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