Renewable Energy to Generate 35 Million Jobs Globally by 2050: Report

The report, ‘Job creation during the global energy transition towards 100% renewable power system by 2050’, estimates that the number of jobs globally will grow from 21 million in 2015 to 35 million in 2050, with renewable energy accounting for 80% of total direct energy jobs

Business | 22/01/2020 | By Moulin

India Requires Investments Worth $2.64 Trillion to Meet UN SDG by 2030: Standard Chartered

According to the Standard Chartered SDG Investment Map, the total investment that the country needs to make by 2030 is USD 2,633.9 billion. Of the total, USD 1,558.8 billion is for clean energy, USD 505.5 billion for transport infrastructure, USD 377.4 billion for digital access; and USD 192.2 billion for clean water and sanitation

Business | 22/01/2020 | By Moulin

India Tops the List for Power Generation Tenders Globally in Q4, 2019

Comparing tenders’ activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 209 tenders and a share of 71.8% during Q4 2019, followed by Europe with 36 tenders and a 12.4% share and the Middle East and Africa with 29 tenders and a 10% share

Renewable energy / Solar PV | 20/01/2020 | By Moulin

India’s Renewable Energy Capacity Touches 86 GW in 2019; Wind Power Leads the Pack

Karnataka led the market with about 2 GW of new solar capacity additions followed by Rajasthan with 1.7 GW, Tamil Nadu with 1.5 GW, Gujarat with 936 MW, Andhra Pradesh with 917 MW, and Madhya Pradesh with 651 MW

Business | 15/01/2020 | By Moulin

IEA Launches First In-Depth Review of India’s Energy Policies

The report highlights the accomplishments of India’s energy policies and delivers recommendations to support the government’s goals of promoting well-functioning energy markets and boosting deployment of renewables

Business | 13/01/2020 | By Moulin

Alfa Laval Joins the 'Getting to Zero Coalition', Aims Development of Sustainable Solutions

The 'Getting to Zero Coalition' s aim of zero-emission vessels by 2030 is ambitious but necessary as the International Maritime Organization (IMO) has the target of cutting vessel-related greenhouse gas emissions by at least 50 percent by 2050

Business | 24/01/2020 | By Moulin

EDP Renewables & ENGIE Inks Agreement for Creation of 50:50 Wind JV

The agreement announced is subject to certain conditions precedent such as the European Commission regulatory approval process. The JV is expected to be operational during the first quarter of 2020

Renewable energy / Wind Power | 24/01/2020 | By Moulin

China and USA Display a Contrasting Picture in Terms of RE Capacity Addition: GlobalData

This is despite the government subsidies for centralized solar projects to the extent of Yuan 1.7bn ($247.6m) involving a total installed capacity of 22.8GW as against no subsidies in 2018

Renewable energy / Solar PV | 24/01/2020 | By Moulin

AT&T, Amazon, IKEA, Others Join Ceres New Corporate EV Alliance

The Corporate Electric Vehicle Alliance will aid its members to commit to EVs, and it’s projected to boost the EV market by expanding the business case for the production of a more diverse array of EV models. It will also provide a platform to coordinate support for EV-friendly policies.

Other Energy Applications / Sustainable Transport | 24/01/2020 | By Moulin

Israel Unveils Solar-Plus-Storage Tender Worth 300 MW

The ministry said the solar park would be prevalent in the country upon completion. “For the first time in a national tender, a request to deploy energy storage will be included to meet the cost challenges,” stated Jerusalem

Renewable energy / Solar PV | 24/01/2020 | By Moulin

42 Global Organisations Including Amara Raja Agree On Set of Guiding Principles for Batteries

Announcing the new initiative at its 50th annual meeting, the World Economic Forum said batteries will be a major driver in decreasing the carbon footprint of the transport and power sectors through the use of electric vehicles and renewable energy

Energy Storage | 24/01/2020 | By Moulin

EESL Issues RfP Pursuing Partners for Energy Efficiency and Renewable Projects in UAE

The objective of the RfP is that EESL aims to encourage and implement energy efficiency and renewable energy solutions in both the public and private sectors. Inorganic growth strategies like local implementation partners and JVs shall thus remain the foundation of its growth strategy

Energy efficiency | 24/01/2020 | By Moulin

Myanmar Commences 2nd Phase of National Electrification Project

Myanmar Union Minister for Electricity and Energy U Win Khaing said that the electrification project has been initiated after the country received a $310m loan from the World Bank

Other Energy Applications / Rural Electrification | 24/01/2020 | By Moulin

EBRD, EU Sanctions Financial Guarantees for Renewable Energy in EU Neighbourhood Regions

The programme is expected to deliver an additional 340MW installed renewable energy capacity. This is equivalent to an extra 970GWh of clean electricity generated from renewable sources annually while offsetting 530 kilotonnes of CO₂

Business | 24/01/2020 | By Moulin

India Pursues Brazilian Investment in Renewable Energy Sector

India aims to add 175 GW of renewable power by 2022 and has already added 86GW with a further 36GW under installation. Power generation capacity is at roughly 360GW and is expected to treble by 2030.

Policies & Regulations | 24/01/2020 | By Moulin

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