Business

Bank of America Partners with Duke Energy to Magnify Renewable Energy Commitment

Through a renewable energy sleeved-power purchase agreement (PPA), the company is participating in Duke Energy's Green Source Advantage (GSA) program. The bank...

Business | June 30, 2020 | By News Bureau 2447 readings

SEACEF Aims Clean Energy Investment worth $2.5 Billion in Southeast Asia

The South East Asia Clean Energy Facility (SEACEF) is managed by Singapore-based Clime Capital, with an initial investment of $10 million and a focus on getting...

Business | June 30, 2020 | By News Bureau 3327 readings

Japan's NTT Strategies to Develop Renewable Energy Capacity to 7.5 GW by 2030

"NTT group aims to boost renewable power capacity from 300 megawatts now to 7.5 gigawatts by 2030 as backup energy sources for our communication hubs and...

Business | June 30, 2020 | By News Bureau 2518 readings

Pitamber Shivnani Appointed as Managing Director & CEO of GE T&D India Limited

His leadership will support GE T&D India’s vision to be able to bring significant transformation in the business by expanding its manufacturing footprint...

Business | June 30, 2020 | By News Bureau 2712 readings

Investments Worth $1 Trillion Required by 2030 for Power Sector Transition to Decarbonization

The COVID-19 pandemic will reduce investment levels in the short term, but the market will recover. Throughout the decade, $846 billion will be invested in...

Business | June 29, 2020 | By News Bureau 3126 readings

ACWA Power Expects to Achieve $10 Billion Target of New Investments Regardless COVID-19

"Projects under construction are progressing with some element of the marginal impact caused by supply chain and movement restrictions, and projects in...

Business | June 29, 2020 | By News Bureau 2330 readings

KKR Procures Stake in First Gen, Philippines Based Power Producer

The Offeror intends to acquire all of these tendered common shares at a price of USD 0.45 per common share on July 1, 2020, the cross date previously set out...

Business | June 29, 2020 | By News Bureau 2680 readings

Bloom Energy Installs Innovative Bloom Energy Server at New City Hall, Yokohama

The Bloom Energy Server installed at the new building of Yokohama City Hall can produce 200 kilowatts of power and provides about 10% of the building’s...

Business | June 29, 2020 | By News Bureau 2701 readings

US Coal-Based Generation to Be Outplayed by Renewables in 2020: GlobalData

Utilities are looking at renewables over coal, committing to their goals of addressing climate change. This is expected to expedite the closures of coal-fired...

Business | June 29, 2020 | By News Bureau 2287 readings

Sterlite Power Acquires WRSS-XIX & NERSS-IX Strengthening Scheme from PFC

WRSS-XIX and NERSS-IX will serve the growing power needs of Mumba region and improve renewable power availability across the western and northeastern India

Business | June 26, 2020 | By News Bureau 2479 readings

 
 
 
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