net-zero

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Indian Oil Forms Subsidiary to Expand Green Energy Businesses

Government-owned oil marketing company Indian Oil Corporation (IOC) has said it would consolidate its current green assets under one umbrella to bolster the expansion...

March 16, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Ocior Energy to Invest ₹400 Billion in Green Hydrogen Facility in Gujarat

The Industries Department of Gujarat and Ocior Energy India signed a memorandum of understanding (MoU) for the development of a green hydrogen and green ammonia project...

February 28, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Toyota to Acquire Renewables Developer to Achieve Carbon-Neutral Goals

Toyota Tsusho Corporation, the trading arm of the Toyota Group, inked an agreement with Japan-based renewable energy developer SB Energy, a subsidiary of SoftBank Group...

February 16, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Scatec Posts $42 Million Loss in Q4 as Laos Projects Underperform

Norwegian independent power producer Scatec swung into a net loss of NOK 433 million (~$42 million) in the fourth quarter (Q4) of 2022, compared with a profit of NOK 136...

February 7, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Search for Clean Energy Sources Needs $45.8 Trillion Investments by 2050

The search for clean and secure sources of low-carbon power — including fossil fuel-fitted with carbon capture technology — may present as much as a $45.8 trillion...

January 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Philanthropic Financing to Unlock $3 Trillion Per Year to Reach Net Zero

The World Economic Forum (WEF) launched a fundraising vehicle to unlock $3 trillion of financing needed each year to reach net zero, reverse nature loss, and restore...

January 19, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Railways Invites Bids to Empanel Agencies for 12 MW Rooftop Solar Systems

The Jabalpur Division of the West Central Railway has invited bids for state-wise empanelment of agencies to implement 12 MW grid-connected rooftop solar projects in...

January 17, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Energy Efficiency Measures to Help Save $680 Billion in 2022: IEA

The International Energy Agency (IEA) has said that energy efficiency actions taken since 2000, such as investments in building insulation and efficient cars, have...

December 20, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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US Loans $2.5 Billion to Ultium Cells for Lithium-ion Battery Manufacturing

The U.S. Department of Energy (DOE) announced the closing of a $2.5 billion loan to Ultium Cells, a joint venture between General Motors (GM) and LG Energy Solutions, to...

December 16, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Researchers Claim Photovoltaic Windows Can Cut Energy Use in Buildings by 40%

A team of researchers from the National Renewable Energy Laboratory (NREL) and the University of Wisconsin, Stout, have said glass-walled buildings can be made 40% more...

December 6, 2022

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Gautamee Hazarika

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Solar

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Technology
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Shell Buys Renewable Natural Gas Producer Nature Energy for $2 Billion

Shell Petroleum, a wholly owned subsidiary of Shell plc, said it would acquire Denmark-based biogas producer Nature Energy for nearly $2 billion as it seeks to boost its...

November 29, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Ireland to Mandate Renewable Energy Share in Heat Sector by 2024

Ireland‘s government will make it mandatory for the heat sector to include a share of renewable energy in their services by 2024. Currently, the country’s...

November 28, 2022

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Sumit Jha

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Other

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Renewable Energy
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COP27 Says $4 Trillion Renewable Funding Needed Annually for Net Zero by 2050

The United Nations Climate Change Conference COP27 concluded with the decision to execute the Sharm el-Sheikh Implementation Plan, highlighting the need for global...

November 21, 2022

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Satish Shetty

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Other

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Renewable Energy
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India Announces Long-Term Low-Carbon Development Strategy at COP27

At the UN Climate Change Conference (COP27) in Egypt, India unveiled a multi-pronged strategy to achieve low-carbon growth, which includes expanding and stabilizing the...

November 17, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Baseload Capital Raises $24 Million to Bolster Geothermal Energy

Baseload Capital, a Swedish climate investment fund, has raised $24 million to invest in geothermal energy. With a credit facility of $25 million secured from...

October 20, 2022

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Gourav Mishra

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Other

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Other Energy

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