Amazon hits 100% renewable energy target seven years early
Amazon has achieved its goal of matching all electricity consumed by its operations with 100% renewable energy, seven years ahead of schedule. The company has invested billions in over 500 solar and wind projects, generating enough energy to power 7.6 million US homes. This achievement is a significant milestone in Amazon’s Climate Pledge commitment to […]
CEA Grants Two Major Hydro Pumped Storage Projects for Renewable Energy Transition
India is accelerating its renewable energy transition with Hydro Pumped Storage Projects (PSPs), with the Central Electricity Authority (CEA) approving two major projects in record time. The CEA has revised guidelines to streamline the approval process, allowing developers to submit Detailed Project Reports online. Source: Click to Visit Source
Philippine Congress committee passes landmark bill to drive national decarbonisation, economic growth
The House Committee on Climate Change, under the leadership of Congressman Edgar Chatto, has approved a groundbreaking bill that will set the Philippines on a clear path toward a low-carbon future. Source: Click to Visit Source
Fujian wind farm helps drastically cut CO2 emissions
The Fuqing Xinghua Bay Offshore Wind Farm in Fujian province is making significant strides in reducing CO2 emission, with its 59 offshore wind turbines generating an average of 8 milliom KWH of electricity daily Source: Click to Visit Source
Solarvest secures five CGPAs under CGPP totaling 60 MWac including Micron Technology and Bursa Malaysia
Solarvest Holdings has secured five Corporate Green Power Agreements (CGPAs) with a Malaysian multi-asset exchange, global semiconductor manufacturers, and a global data center service provider under the Corporate Green Power Programme (CGPP). The agreements will allow Solarvest and its partners to own and develop two solar power plants in Lumut, Perak and Kulim, Kedah, while […]
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 […]