Copenhagen Infrastructure New Markets Fund (CI NMF) has inked a pact with Amp Energy India Private Ltd for joint equity investment of over USD 200 million (around Rs 1,500 crore) in renewables. Copenhagen Infrastructure Partners (CIP), among the largest renewable energy focused fund managers globally, has signed an investment agreement through its Copenhagen Infrastructure New […]
EU Electricity Demand Rebounds Without More Emissions: Study
Electricity demand in the European Union has returned to pre-pandemic levels without a corresponding rise in emissions, according to a report published Wednesday by an energy think tank. An analysis of data from grid operators showed that electricity demand in the EU during the first half of 2021 almost matched the demand in the same […]
Naturgy to Plough $16.5 Bln Into Renewables, Networks By 2025
Madrid : Spanish power group Naturgy said on Wednesday it plans to invest 14 billion euros ($16.54 billion) mostly to ramp up its renewable generation capacity and transform power and gas networks to boost core earnings around 30% by 2025. Long a major producer and trader of natural gas, Naturgy is trying to shift to […]
EQ Webinar on Green Bond Revolution in Renewables – Opportunities & Challenges on Wednesday July 28th From 04:00 PM Onwards…. Register Now !!!
Warm Greetings from EQ We are happy to present Green Bond Revolution in Renewables – Opportunities & Challenges Webinar When: July 28th, 2021 04:00 PM IST Register in advance for this meeting: <Click Here To Register> After registering, you will receive a confirmation email containing information about joining the meeting. Confirmed Speakers: Mr.Parin Mehat, CFO – Virescent […]
NITI Aayog And IEA Launch ‘Renewables Integration in India 2021’
A report on “Renewables Integration in India 2021” was jointly launched by Dr. Rakesh Sarwal, Additional Secretary, NITI Aayog & Mr. Keisuke Sadamori, Director of Energy Markets and Security, IEA on 22nd July, 2021. The report is based on the outcome of three states workshops held with the Governments of Maharashtra, Karnataka and Gujarat to […]
Australian Renewables Developer Maoneng Reveals Details of Proposed 240MW / 480MWh Battery Project
Renewable energy company Maoneng has made public its plans for a 240MWp / 480MWh battery energy storage system (BESS) which it has proposed to build in Victoria, Australia. The standalone BESS would be built in Victoria’s Mornington Peninsula, an area subject to fluctuations in demand for power due largely to seasonal tourism. The company said […]
India-Morocco to Explore Joint Electrification Projects in Africa; Focus on Renewables
Morocco (one of many prime 5 African economies) is one India’s key strategic partners in Africa and in latest years the partnership has acquired new dimensions and dynamism. Recently the 2 sides co-chaired the maiden India-Arab vitality discussion board. In a wide-ranging written interview to ET’s Dipanjan Roy Chaudhury following the Forum Moroccan Minister of […]
Global Investors Pump Hundreds of Billions Into Renewables in Shift From Fossil Fuels
Despite the mammoth disruption caused by the global COVID-19 pandemic throughout 2020, the top global debt and equity investors nevertheless continued to pour capital into the renewable energy sector, accelerating their race away from the climate-related risks associated with fossil fuel assets. A total of $US501 billion ($A683 billion) was invested in the clean energy […]
Siemens And Fluence to Build Renewables-Integrating 100MW/200MWh Battery Project in Germany
Siemens has signed a letter of intent for the construction of a turnkey 100MW / 200MWh large-scale battery energy storage system (BESS) in Wunsiedel, northern Bavaria, Germany. Groundbreaking ceremony for Siemens Energy’s H2 plant in Wunsiedel, attended by Dr. Markus Söder, Minister-President of Bavaria, took place earlier this month. Siemens Smart Infrastructure, a business unit […]
LG Electronics Targets 100% Renewables Transition by 2050
South Korea’s LG Electronics Inc (KRX:066570) has set an objective of using 100% renewable energy in all its local and overseas business sites by 2050. The transition will be achieved in stages through the installation of solar panels, the purchase of renewable energy certificates and the signing of power purchase agreements (PPAs). LG said in […]