decarbonization
Nearly 12,000 power projects, an overwhelming majority based on renewable sources, representing a combined capacity of 1,570 GW and 1,030 GW for storage, are in...
Independent renewable power producer ReNew has refinanced Non-Convertible Debentures (NCDs) worth ₹23.91 billion (~$288.3 million), issued by its subsidiaries in October...
Engineers at the Massachusetts Institute of Technology (MIT) have developed a conceptual design to produce totally green, carbon-free hydrogen fuel with a train-like...
A recent stakeholder meeting held by Minister of Steel Jyotiraditya Scindia emphasized the importance of a comprehensive approach to deploying renewable energy to...
Madrid-based green energy group Bruc has signed a financing agreement with seven prominent entities, securing €600 million (~$633.8 million), which will be utilized in...
Madrid-based energy and petrochemical company Repsol has acquired ConnectGen, a U.S.-based renewable energy development company, for $768 million from Quantum Capital...
Ascend Elements, a lithium-ion battery recycling and engineered materials company has raised $542 million in new equity investments. The funding includes $460 million...
The European Investment Bank (EIB) has approved a €575 million (~$636.7 million) loan to support global energy company Repsol‘s renewable projects in Spain. The...
Decarbonizing the transport sector poses a substantial challenge for G20 countries as they grapple with varying stages of motorization, decarbonization, and the...
The capacity of the clean hydrogen market is expected to expand to 170 million tons (MT) of hydrogen by 2030 and reach 600 MT by 2050, according to Deloitte’s 2023...
The Modernisation Fund of the European Union has disbursed €2.4 billion (~$2.6 billion) to finance 31 projects in seven beneficiary member countries to support the...
Net-zero investment firm Just Climate has raised $1.5 billion for its debut Climate Assets Fund I, exceeding its $1 billion target, which will be invested in...
Europe will need to invest over $32 trillion in energy and related technologies to achieve a net-zero economy by 2050, according to BloombergNEF (BNEF). Although Europe...
The Australian government aims to increase the share of electric vehicles (EV) in new light vehicle sales to 30% by 2030 and 100% by 2035 to transition to a decarbonized...
The Karnataka Electricity Regulatory Commission, under the new format for banking agreement, has now allowed monthly energy banking for renewable energy generators to...
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