With the launch of the Singapore Green Plan 2030, Singapore has set its sights on scaling its net-zero ambitions, with a focus on greening its tech sector. Putting commitment to action, the government has imposed a moratorium on the building of new data centres – given its intensive consumption of electricity and water – as […]
Maine Becomes 9th US State to Adopt Energy Storage Deployment Target
Janet Mills, Governor of Maine, has signed legislation that makes hers the ninth US state to have adopted a deployment target for energy storage. On 22 June, the governor’s office announced that Mills had signed ‘LD 528: An act to advance energy storage in Maine’. It sets out a state goal for energy storage development […]
Germany Adopts $9.6 Billion Climate Protection Program
The projects include new bicycle paths, digitalization of railways, new fast-charging stations for electric vehicles and climate-friendly shipping, according to the BMF. New Delhi: Berlin, The German government has adopted an emergency climate protection program worth eight billion euros ($9.6 billion) to help the country achieve its new climate targets, Minister of Finance Olaf Scholz […]
Reliance to Set Up 100 GW of Solar Energy by 2030, Says Mukesh Ambani at Company’s Annual Shareholder Meeting
CHENNAI : Reliance Industries Ltd will invest 750 billion Indian rupees ($10.10 billion) in a new energy business over the next three years, Chairman Mukesh Ambani told the company’s annual general meeting on Thursday. Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyzer unit to […]
Asia Pacific Renewable Investments to Double to $1.3 Trillion By 2030: Woodmac
Asia Pacific investments in renewable energy generation by 2030 may double to $1.3 trillion from the previous decade, dwarfing fossil fuel power expenditures that are expected to drop by about 25% to $54 billion annually, according to Wood Mackenzie. “Asia Pacific power generation investments are leading the world and expected to hit $2.4 trillion in […]
Expectations For Renewable Energy Finance in 2021-2024: Growing Confidence in the Aftermath of the Pandemic
Expectations For Renewable Energy Finance in 2021-2024: Growing Confidence in the Aftermath of the Pandemic. For more information please see below link:
Volvo, Northvolt Team Up For Electric Battery Factory
Europe has been ramping up efforts to become more autonomous in the battery sector, though it is still very dependent on production from Asia. Stockholm: Volvo and Sweden’s Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030, the companies said […]
Proposed Global UN Roadmap Shows Universal Access to Clean Energy by 2030
Everyone in the world could have access to clean, affordable energy within the next nine years if countries modestly increase investments, according to new UN reports. It was released, in advance of a major ministerial meeting on June 21-25 where countries and businesses will begin to announce energy plans for the decade. Annual investments of […]
Ford to Buy EV Charging Management Platform Electriphi
Ford Motor Co said on Thursday it would acquire Electriphi, which provides charging management and fleet monitoring software for electric vehicles, as the carmaker aims to electrify 40% of its automobiles by 2030. California-based Electriphi’s platform helps track the real-time status of vehicles, chargers and maintenance services, besides providing fleet electrification. The Dearborn, Michigan-based company […]
South Korea Proposes Cutting Emissions 40% By 2030
The coal-reliant nation will need to pivot quickly to renewable energy under the government’s proposed new climate target. South Korea’s ruling party has proposed a target to cut greenhouse gas emissions at least 40% by 2030, compared to 2017 levels.It is a significant increase in ambition for the coal-reliant Asian economy but does not match […]