Japan will reverse its ten-year-old aim of reducing its reliance on nuclear power in its upcoming Strategic Energy Plan, resulting in the country’s energy policy going forward. “Japan will minimize its dependency on nuclear power” was included to the seventh Strategic Energy Plan in 2014, three years after the Fukushima No. 1 nuclear power plant […]
The U.S. Environmental Protection Agency (EPA) has published final updates to its Recommendations of Specifications[1], Standards, and Ecolabels for Federal Purchasing. These updates aim to assist federal government purchasers and other buyers in selecting more sustainable products, climate-friendly, and contain safer chemical ingredients. This marks the recommendations’ first comprehensive evaluation and expansion in nearly a […]
According to a report released Thursday, India’s transition to electric mobility is increasing, with 1.2 million EV sales and 5% market penetration in FY24. It also stated that collaborations among stakeholders can be fostered with the right policy support and quicker decision-making. According to India’s COP26 pledge to switch to entirely zero-emission vehicles by 2040, […]
The Future of Geothermal Energy, a new analysis from the International Energy Agency (IEA), highlights the need for new technology, wider regulation application, and potential for improved geothermal energy usage. The report says geothermal energy now provides around 1% of the world’s electrical needs. However, next-generation geothermal technologies might provide 15% of the growth in […]
As per the released 2024 edition of the Latin American Economic Outlook (LEO): Financing Sustainable Development, American and Caribbean (LAC) countries should enhance tax collection and expenditure, upgrade public debt management, and mobilise more private resources so as to finance their aspiring development agendas. The 17th edition of the report argues that LAC’s sustainable financing gap […]
Tivolt Electric Vehicles, part of the Murugappa Group’s TI Clean Mobility division, has got together with Tata Power Renewable Energy Limited (TPREL) to advance EV charging infrastructure for commercial vehicles across India. The two companies penned a Memorandum of Understanding (MoU) to leverage Tata Power’s proficiency in EV charging and Tivolt’s expanding presence in the electric small […]
The CEO of energy equipment manufacturing and services company GE Vernova has announced that data centers are progressively targeting natural gas over renewable alternatives such as onshore wind. Scott Strazik stated that this is illustrated in the turbine manufacturer’s “humble” wind order sheet, and does not expect significant interest in onshore wind from the data […]
As a brand new pace towards renewable energy, BP in partnership with JERA, a leading Japanese energy company, developed a new company called JERA Nex bp, which aims to develop offshore wind energy. By 2030, the company plans to invest $5.8 billion. This project highlights the transformation of BP from focusing mainly on oil and […]
The B.C. government has granted approval for nine wind energy projects — including one on Vancouver Island — so as to help power the province’s economy and illuminate 500,000 homes, Premier David Eby declared on Monday. B.C. Hydro opted the wind power projects immediately after gaining a strong response to its call for fresh renewable […]
In a rock chip and soil sampling program at its Tango lithium and Barbara projects in Canada, lately revamped Bayan Mining and Minerals (ASX: BMM) has pointed out high-value gallium potential in assay. Bayan made an announcement last week that it had received assent for modifying company’s name from Balkan Mining and Minerals. The company has […]
Experts from home and abroad at the launch of the Global Development Report 2024 in Beijing on Friday stated that global unity and cooperation are necessary to overcome today’s complex challenges and building a sustainable future for all. As per Sudheendra Kulkarni, founder and chairman of the Forum for a New South Asia, “All these […]
New Delhi Municipal Council (NDMC) has set a target to attain a total renewable energy-based electricity supply in its dominion by Dec 2026, says reports on economic times. NDMC has finalised their prime arrangements with the Solar Energy Corporation of India (SECI) to draw 200 MW of solar power over 25 years, and work is […]
As per the latest IEA-PVPS report, in partially shaded PV generators, string inverters (SINV) can surpass module-level power electronics (MLPE). The technical report, “Performance of Partially Shaded PV Generators Operated by Optimized Power Electronics 2024,” highlights the recent obstacles of partial shading in PV systems and assess the most recent technological transformation for upgrading energy […]
Iberdrola, Spain’s leading electric utility company aims to construct the largest hydroelectric power plant in Western Europe. As per company’s statement, the project will commence from next year on Conso II, a pumped storage power plant, or Giga battery, in the Sil basin in Ourense in the country’s northwestern region of Galicia. The company has lately […]
As part of its progressing renewable energy advancement, ACEN Corporation intends to invest $ 1.5B in an enormous solar farm and energy storage system. Irene Maranan, ACEN senior vice president and head of corporate communications and sustainability stated to the Inquirer about the replacement of the coal plan in Batangas, the 246-megawatt (MW) South Luzon […]
Financier CVC DIF has finalised the marketing of a 170MW operational wind portfolio in Uruguay. The sale of the Cerro Grande and Peralta wind farm projects to Pluspetrol was accomplished by the funds of investor’s DIF Infrastructure V (DIF V) and DIF Infrastructure VI (DIF VI). Consisting of the 72 Enercon E-92 turbines, the portfolio […]
Swedish fast fashion giant H&M has signed a green energy deal [1] with Power Engineering Consulting Joint Stock Company 2 (PECC2) to facilitate its Vietnam-based suppliers’ transition to renewable energy sources. H&M Vietnam and PECC2 signed a Memorandum of Understanding (MoU) to cooperate under the Direct Power Purchase Agreement (DPPA) mechanism. The deal, signed on […]
Solar energy startup Glow has attained $30 million in a recent funding round jointly led by Framework and Union Square Ventures. According to the statement of Glow in a press release, the raised financial resources will be used to decentralize the global energy grid and hasten the adoption of renewable energy in India and all […]
The Indian Energy Exchange (IEX) noted a remarkable hike in electricity trade volumes in November 2024. As per a regulatory filing, IEX attained a trading volume of 9,689 million units (MU) during November 2024, labelling an increase of 15.7 percent year-on-year (YoY). The renewable energy certificate (REC) faced a decline in spite of the hike […]
Commerz Real for its Klimavest sustainable infrastructure investment fund has took over a new 57.6MW wind farm in the Irish midlands. Through the takeover of Moanvane Wind Farm in County Offaly, Klimavest is making its debut into the Irish renewables sector. The wind farm which is stationed about a 90-minute drive west of Dublin has […]
The North African nation is making investments so as to demonstrate itself as a superior in the renewable energy sector with a target of 52% of its total energy attained from renewable sources by 2030. Former Tesco boss, Dave Lewis stated that he has thoughts in granting energy to Great Britain from Morocco. According to […]
In order to achieve East Central Railways’ decarbonization goals and the nation’s net-zero emissions target, O2 Power has penned a Power Purchase Agreement (PPA) to grant 100 MW of renewable energy to East Central Railways. As per the company statement, renewable energy under this pact will be granted from O2 Power’s installed capacity of 360 […]
President-elect Donald Trump has announced plans to establish a National Energy Council aimed at advancing American “energy dominance” on the global stage as he seeks to boost U.S. oil and gas drilling and move away from President Joe Biden’s focus on climate change. The energy council, which will be led by North Dakota Governor Doug […]
The UAE’s clean energy leader has announced the successful completion of its acquisition of a 70% stake in TERNA ENERGY SA, purchasing the shares from GEK TERNA SA and other shareholders. The deal, valued at €20 per share, was finalized following the receipt of all necessary regulatory approvals. The transaction, which values TERNA ENERGY at […]
It is estimated that more than 34 GW of new solar capacity to be installed nationwide setting a record high for US utility solar installation. As per the American Clean Power’s biannual Solar Market Report, the US solar market is anticipated to annually stretch out 37GW of new installations by 2029, thriving at a compound […]
A 300 MW wind-solar hybrid power project by NTPC Limited has been awarded to Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Green Infra Pvt Ltd. The granted project is a segment of NTPC’s 1.2 GW capacity tender. This project constitutes of an Inter-State Transmission System (ISTS) linked hybrid power plant. For the project, Sembcorp acquired […]
As per the report of European business think tank Themis Foresight and Nord/LB, Europe’s economy is lacking $215 trillion essential to accomplish 2050’s net zero target. Even with the availability of adequate capital, Europe’s markets are halted from capital allocation and expansion due to numerous fundamental reasons, encompassing low-risk appetite for renewable energy projects from benefactors and an inefficient […]
In accordance to the SBICAPS Report on Power Sector: Transmission as a Counter-Balance to Evolving Regional Balance of Power, India stand in need of ₹8.2 trillion investment for the advancement of its transmission infrastructure and by 2030, incorporate 500 GW of renewable energy capacity. The report spotlight that in order to meet the targets for […]
As reported by the BloombergNEF(BNEF) in association with the Global Renewables Alliance; By security 24/7 carbon-free electricity (CFE) procurement, The Asia Pacific(APAC) region could possibly be able to attract significant private investment for its energy elevation. According to the report—24/7 Carbon-Free Energy Procurement in APAC: Pathways for Companies and Countries; clean energy procurement from corporates will be a vital funding source for accomplishing […]
The inhabitants of the largest state of Australia is at present encountering an eccentric affair when demanded to opt between the usage of dishwasher or to suffer blackouts as the Australian Government is indicted of stressing Australian citizens of the renewable energy transition. During a severe torrid day, regions of New South Wales has to […]
H&M Group is partnering with Lightsource BP to construct a large-scale solar farm in Texas, USA, as part of their climate goals. The fashion giant has signed a virtual power purchase agreement (VPPA) with global solar leader Lightsource BP for a 125 MW Second Division solar project, which will play a significant role in reducing […]
China is increasing its coal power production, despite advancements in renewable energy, primarily due to soaring domestic electricity demand and concerns over energy security. With a record coal mining output of 4.7 billion metric tons in 2023, the country continues to develop new coal-fired power plants, approving 106 gigawatts of new capacity—enough to power the […]
Donald Trump’s recent pledge to halt renewable energy projects on the first day of a potential new presidency has alarmed the clean energy sector, leading to significant drops in renewable energy stocks. Notably, shares of Orsted, Vestas, and Nordex have seen declines of up to 14% and 11%, respectively. Trump’s previous comments about renewable energy, […]
Masdar has entered into a Joint Study Agreement with Sarawak Energy and Gentari to evaluate the feasibility of a large-scale floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. This initiative represents a significant move towards enhancing renewable energy capacity in the state and aligns with Malaysia’s broader clean energy goals. […]
Europe’s natural gas generation and emissions, which were at their lowest in the first three quarters of 2024, are expected to rise significantly as winter arrives. From January to September, electricity production from coal and natural gas decreased by 7.5% compared to 2023, resulting in a 7% drop in power emissions to 928 million metric […]
China is advancing renewable energy initiatives in Africa, highlighted by the presence of a geothermal power plant in Kenya’s Great Rift Valley. The 35-megawatt Orpower 22 project, led by the state-owned company PowerChina and funded by the Chinese firm Kaishan Group for US$93 million, aims to boost Kenya’s geothermal energy output. President William Ruto announced that […]
The Mexican government’s energy plan aims to enhance the capabilities of the state-owned electricity company, CFE, while establishing regulations for private renewable energy producers. Energy Minister Luz Elena Gonzalez announced that private companies will be allowed to increase capacity by 9.6 gigawatts from renewable sources by 2030. The $23.4 billion investment plan includes CFE […]
Pennsylvania has announced an investment of over $6.7 million to support Mitsubishi Electric Power Products, Inc. (MEPPI) in expanding its operations in the Pittsburgh area, which is part of MEPPI’s larger $86 million investment plan. They are planning on building an advanced switchgear factory and increasing facilities for power electronics and testing labs. This project will […]
Oil Prices Rise as OPEC+ Postpones Production Cut Rollback, But Future Stability Remains Uncertain Crude oil prices surged over $1 per barrel following OPEC+’s decision to postpone a planned partial rollback of production cuts, which would have reinstated 180,000 barrels per day starting in December. The group emphasized that any supply increase was contingent on […]
Kanoo Energy has expanded into cleaner energy projects and technologies, driven by increasing demand for energy efficiency in the UAE’s manufacturing sector. Raman Marwaha, General Manager, outlines the company’s strategic initiatives, including investments in high-efficiency gas-based power generation and partnerships with technology providers to help clients implement sustainability programs and reduce emissions. The UAE government’s commitment […]
GE Vernova, Inc. will participate in the ADIPEC 2024 conference from November 4-7 in Abu Dhabi, UAE. ADIPEC, which stands for the Abu Dhabi International Petroleum Exhibition and Conference, is among the largest energy exhibitions in the world showcasing technologies aimed at enhancing reliable, affordable, and secure electricity systems while reducing carbon emissions. GE Vernova’s booth […]
During the Future Investment Initiative conference held in Riyadh from October 29 to 31, Saudi Arabia’s Energy Minister, Abdul Aziz Bin Salman, announced the country’s position as the leading producer of green and clean hydrogen, ready to export it globally. Salman emphasized the nation’s strategy to diversify its economy, enhance value, ensure supply chain flexibility, […]
China has introduced a comprehensive 17-point plan aimed at transitioning to renewable energy while gradually reducing coal usage to enhance energy security and support its climate commitments. The National Development and Reform Commission (NDRC) emphasizes a safe and orderly energy transition across various industries, targeting a renewable energy consumption equivalent to over 1.1 billion tonnes of […]
The Arab Development Establishment (ADE) and Schneider Electric have officially inaugurated their joint venture manufacturing facility, TAQANA Energy Solutions, in Abu Dhabi’s Industrial City. The opening ceremony was attended by key dignitaries, including government officials and industry leaders, and aligns with the UAE’s “Make it in the Emirates” initiative. His Excellency Omar Al Suwaidi […]
Masdar, the UAE’s leading clean energy company, has announced that it is postponing its target of achieving 1 million tons per year of green hydrogen capacity beyond 2030. The firm’s press office indicated that the new target will extend over the next decade, although specific reasons for the delay were not provided. Masdar is actively […]
The construction of Belgium’s first green energy island, Princess Elisabeth Island, is facing significant financial challenges as costs have surged to over seven billion euros, more than triple the initial estimate of 2.2 billion euros. This ambitious project, located 45 km off the Belgian coast, aims to support the country’s shift from fossil fuels to […]
Low Carbon, a UK-based renewable energy investor sold a significant 6 GW battery storage project to S4 Energy in the Netherlands. One of the largest battery storage initiatives worldwide, the project aims to assist in balancing supply and demand as the Netherlands targets a 39% renewable energy mix by 2030 due to challenges in meeting […]
PetroChina plans to close its largest refinery, the Dalian Petrochemical plant, located in downtown Dalian, China, by 2025. This facility, which processes 410,000 barrels of oil per day and represents about 3% of China’s total refinery output, will be relocated following years of pressure from local authorities due to safety concerns and previous incidents in […]
The Nordic power market is set to change its day-ahead pricing method on Tuesday to enhance grid efficiency and facilitate better integration of renewable energy sources. This updated approach involves 12 bidding zones across Norway, Sweden, Denmark, and Finland, interconnected through transmission lines. Traditionally, the four Nordic transmission system operators (TSOs)—Svenska kraftnat, Statnett, Energinet, […]
On a landmark occasion, EWEC (Emirates Water and Electricity Company) and ADNEC Group have signed a strategic partnership agreement to power the ADNEC Centre Abu Dhabi entirely with renewable and clean energy. This initiative marks the venue as the first and largest event space in the Middle East to operate on 100% clean energy, significantly […]
ACWA Power a Saudi company, is a leading private investor in renewable energy and the world’s largest private water desalination company, is expanding its renewable footprint in Africa with the Redstone Concentrating Solar Power (CSP) plant in South Africa that is set to achieve its full 100 MW capacity soon. This milestone, achieved in […]
The International Green & Renewable Energy Conference is a premier gathering of global experts, innovators, and forward-thinkers. Dive deep into the latest advancements in sustainable technologies and renewable energy solutions. Why Dubai? Dubai stands as a beacon for the International Green and Renewable Energy Conference, with a confluence of strategic, infrastructural, and environmental elements that […]
