Clifford Capital and Pentagreen Capital announce US$30 mil green loan collaboration with BECIS
Clifford Capital and Pentagreen Capital have partnered to secure a US$30 million green loan with BE C&I Solutions to finance 14 decentralized sustainable bioenergy projects in Southeast Asia and India. The loans will finance 14 installations, converting agricultural waste into renewable steam. The combined solution aims to reduce CO2 emissions and promote energy efficiency in […]
UAE’s Mubadala makes first investment in Japanese renewable energy sector
Abu Dhabi sovereign investor Mubadala Investment Company has made a $550 million investment in PAG’s Asia Pacific renewable energy platform, marking its first investment in Japan’s clean energy sector. The platform aims to support Japan’s ambitious solar plans, with the firm raising $550 million for its first renewable energy fund. Source: Click to Visit Source
China, ready to snatch renewables from us: three inventions causing panic in America
China is poised to lead the global renewables market, with America close behind. With high manufacturing capacities, a well-trained labor force, and strong government backing, China aims to become a global leader in solar power, batteries, electric vehicles, and other clean energy sectors. China’s three paths to renewable leadership include solar panels, lithium batteries, and […]
Ministry of New and Renewable Energy chooses Bhubaneswar to be transformed into Solar City
BHUBANESWAR: The capital city is set to become a ‘Green Energy and Solar City’ under the Green City Mission. The Ministry of New and Renewable Energy has selected Bhubaneswar for complete transformation, with plans for solar power integration of street lights, installation of solar trees at religious and cultural sites, and rooftop solar projects on […]
Japan’s JBIC Inks $3 Billion Green Financing Deal With UAE’s ADNOC
JBIC has recently signed a $3 billion green finance agreement with Abu Dhabi National Oil Company (ADNOC) to support its decarbonization and energy transition initiatives. The deal, signed in Tokyo, underscores the long-standing partnership between the UAE and Japan and marks a significant milestone in ADNOC’s strategic energy relationship. ADNOC aims to reduce its carbon […]
Using Skyscapers to Store Electrical Energy: The Ingenious Project of These Engineer
Skidmore, Owings & Merrill (SOM) and Energy Vault are collaborating on the concept of using skyscrapers as giant batteries for energy storage. The project, EVu, aims to transform skyscrapers into environmentally friendly urban power plants, potentially reducing fossil fuel dependence and improving energy resilience in future cities. The technology is clean, reliable, and renewable. Source: […]
Brunei school unveils major solar PV project with aims of reducing carbon footprint and promote renewable energy usage
Jerudong International School (JIS) has become Brunei’s first school to install over 600 solar panels, aiming to reduce its carbon footprint and promote renewable energy usage. The panels are strategically placed on key buildings, with the support of Berakas Power Company Sdn Bhd and Serikandi Group of Companies. The solar PV project was initiated in […]
Eurus Energy and Windlab hybrid renewable energy facility switches on
Australian renewable energy company, Eurus Energy, has launched its first large-scale hybrid renewable energy facility, the Kennedy Energy Park in Queensland. The facility combines 43.2 MW of wind, 15 MW of solar, and a 2 MW/4 MWh battery. The project received A$18m in funding from the Australian Renewable Energy Agency and A$93.5m in debt finance. […]
CapitaLand Investment Further Increases Focus on Reducing Scope 3 Carbon Emissions as Part of its Decarbonisation Journey
CapitaLand Investment Limited (CLI) has expanded its scope of reporting in its 15th Global Sustainability Report, incorporating three new Scope 3 categories and expanding the scope of the Capital goods category. The company has also bolstered its reporting in existing categories, such as tenant consumption, to improve initiatives with tenants and supply chains. CLI has […]
Essar to invest Rs 30,000 crore in green hydrogen plant in Gujarat
Over the next four years, Essar Group plans to invest Rs 30,000 crore on a green hydrogen factory in Jamnagar, Gujarat. Clean energy will be the main focus for growth. Plans call for developing an LNG and electric ecosystem for long-haul vehicles, decarbonising the UK oil refinery, and constructing a green steel facility in Saudi […]