First Certified green bond under the Climate Bonds Standard by a Singapore-based energy company Competitive pricing achieved with a “Greenium” that reflects strong interest for Sembcorp’s Green Bonds Sembcorp Industries (Sembcorp) today announces the successful pricing of its inaugural S$400 million green bond offering (Green Bonds). Through its wholly-owned subsidiary Sembcorp Financial Services (SFS), Sembcorp […]
EU Wants to Loosen State Aid Rules For Renewable Energy Projects
The EU executive said the revised rules would allow EU countries to introduce new aid instruments and projects in clean transport, energy efficiency in buildings and biodiversity could also be fully funded by EU countries. EU countries will have to consult all interested parties on subsidized projects as one of several safeguards to ensure that […]
The Impact of Electromobility On The German Electric Grid
Estimates indicate that eight million electric vehicles could be on the roads in Germany by 2030. Investing in fast-charging stations and managed charging will be key to upgrading infrastructure. With a share of almost 20 percent, the global transport sector is the third-largest contributor to CO2 emissions after electricity generation and industry. Despite vast improvements […]
Bright Outlook for Largest Solar Farm Here
It is on track to be operationally ready soon despite Covid-19 delays.Workers piecing together solar panels and floats before they are towed out to their designated positions in the reservoir during construction in March. Covid-19 may have caused delays to shipments of key equipment, but that has not derailed the timeline set out for building […]
Spanish Parliament Approves Clean Energy Bill
As part of Spain’s efforts to meet its carbon emissions target, the legislation outlaws the sale of vehicles that emit carbon dioxide by 2040, and their circulation by 2050 Madrid: Spain’s parliament approved Thursday a clean energy bill aimed at achieving carbon neutrality by 2050 in line with EU targets, while also banning the sale […]
Powering Development in Climate Vulnerable Areas
Powering Development in Climate Vulnerable Areas: The Role of Decentralized Solar Solutions in India. In India, poor and marginalized communities face the dual challenges of low socioeconomic development and extreme vulnerability to climate change. Although there have been significant improvements in India’s rural household electrification, electricity availability for health centers, schools, and rural enterprises is […]
Wind and Solar Could Replace Fossil Fuels 100 Times Over
New data has shown that the technical potential of renewable energy sources could meet current electricity needs 100 times over. The research comes from climate and energy think tanks Carbon Tracker and Ember Climate. It shows that the transition from fossil fuels to renewables is not only possible, but could happen much sooner than first […]
Salesforce acts on climate, requiring suppliers to set carbon goals
Salesforce.com Inc on Thursday said its supplier contracts will now require companies that do business with it such as airlines to set carbon-reduction goals and deliver products and services on a carbon-neutral basis, making it the latest U.S. company to take steps to address climate change. Slashing carbon emissions is considered key to stemming global […]
America’s gas-fueled vehicles imperil Biden’s climate goals
What’s more, vehicles now remain on America’s roads for an average of nearly 12 years before they’re scrapped, which means that gas-fueled vehicles will predominate for many years to come. DETROIT : For President Joe Biden to reach his ambitious goal of slashing America’s greenhouse gas emissions in half by 2030, huge reductions would have […]
India, US firm up partnership to achieve ambitious climate and clean energy targets
New Delhi : The US-India partnership on climate and clean energy is aimed at demonstrating how the world can align swift climate action with inclusive and resilient economic development, taking into account national circumstances and sustainable development priorities, according to an official document. In an address at a US-hosted virtual summit of 40 global leaders, […]
