About 270 GW of renewable energy capacity will be added in 2021: IEA
The amount of renewable electricity capacity added in 2020 rose by 45 percent in 2020 to 280 gigawatts (GW), according to the IEA’s latest market...
MSEDCL floats tender to buy 500 MW of electricity from wind-solar hybrid projects
State-run Maharashtra State Electricity Distribution Company (MSEDCL) has floated a tender to buy 500 MW of electricity from wind-solar hybrid projects.
Maharashtra will sign a...
US ranked the most attractive market for renewables investment
The United States has been ranked as the most attractive market for renewables investment for the period ending December 2020, according to results from...
Energy demand set to increase by 4.6% in 2021: IEA
Global energy demand is set to increase by 4.6 percent in 2021, more than offsetting the 4 percent contraction in 2020 and pushing demand...
Facebook signs renewable energy deal in India
Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project.
Facebook also said that as of 2020,...
Wartsila wins LNG contract from Bel-Air power plant in Dakar
Wartsila said it has won a EPC contract to convert the 90 MW Bel-Air power plant in Dakar, Senegal to operate on liquefied natural...
Duke Energy and Wells Fargo sign renewable power agreement
Wells Fargo has executed a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program.
Duke Energy announced that Wells Fargo will purchase more...
Achievements of winners of the 2021 BNEF Pioneers
BloombergNEF (BNEF) announced the twelve winners of the 2021 BNEF Pioneers – early-stage companies that are pursuing low-carbon opportunities.
BNEF selected the winners based on their...
Equinor, SSE to build the world’s first hydrogen power plant in UK
Norwegian energy firm Equinor and British utility SSE have agreed to jointly develop the world’s first 100 percent hydrogen-fuelled power plant in Britain.
Hydrogen is...
Bank of America to deploy $1 trillion for green finance
Bank of America is planning to deploy $1 trillion for its environmental business initiative to push for green finance by 2030.
Bank of America earlier...
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