India's Jakson Green closes to $476 million in funding for renewables capacity expansion
Krishnan Kannan, the Joint Managing Director of India's Jakson Green, said that they are closing in on raising more than 40 billion rupees ($476.4 millions) to expand their renewable energy capacity.
Research group: China has invested over $100 billion in cleantech overseas since 2023.
According to the Australian Climate Energy Finance group, Chinese companies have invested more than $100 billion in clean energy projects since 2023. They do this in order to avoid tariffs on imports from the U.S.
Tata Power, an Indian company, will invest $14.3 billion in Rajasthan over a period of 10 years.
Tata Power, an Indian company, announced on Monday it would invest 1.2 trillion rupees (14.32 billion dollars) over the next ten years in Rajasthan in the north of India. The majority of…
Solex Energy, an Indian company, plans to invest $1 billion by 2030 in order to expand its manufacturing
Solex Energy, a solar module manufacturer in India, announced on Monday its intention to invest $1 billion to expand their existing capacity and enter the solar cell manufacturing business by 2030.
Saatvik Solar, India, in talks with international lenders about expansion
Abani Jha, chief financial officer of Saatvik solar in India, said that the company is in discussions with international lenders about funding its expansion plan worth $263 million over the next two-years.
Octopus Energy invests 2 billion stg into UK clean energy
Octopus Energy, a UK-based power company, announced on Thursday that it will invest 2,7 billion pounds (2 billion dollars) in British clean energy initiatives by 2030. The plan was announced…
Edison International says that California's climate goals will be met only with more clean energy. Edison International CEO says
Edison International's chief executive told reporters on Wednesday that to fully decarbonize California's electric grid, it will be necessary to use more clean energy sources, such as advanced geothermal…
Spain increases green hydrogen goal
Spain has raised its target for green hydrogen production capacity as a sign that it is confident in the industry, which has seen many energy giants cut back their plans due to high prices and an uncertain demand.
Brookfield raises $2.4 Billion for Climate Fund backed by UAE
Brookfield Asset Management announced on Monday that it had raised $2.4 billion to support the Catalytic Transition Fund, which is supported by the United Arab Emirates. The fund aims at…
Cyprus and Greece sign an agreement on the 'world's largest' subsea cable
The energy ministers of Greece and Cyprus announced on Saturday that they had signed a Memorandum of Understanding (MoU), which will allow them to proceed with the construction of a submarine…
The green energy arm of NTPC, a state-run company, files for a $1.2 billion India IPO
India's NTPC Green Energy filed a draft paper for a $100 billion rupee ($1,19 billion) initial IPO on Wednesday. The company is looking to capitalize on India's plans to expand its renewable…
Biden Administration spending climate cash quickly as Trump threatens cancel it
If Donald Trump wins the Nov. 5 presidential election, he has promised to cancel all funds that have not been spent from President Joe Biden’s climate law. Biden administration officials…
Russell: China's coal consumption and output is increasing, while renewable energy surges.
China's thermal energy generation grew in August, the first time it has done so in four months. However, it is still behind the overall increase in electricity production as renewables continue to grow.
Russell: China's coal consumption and output is increasing, while renewables are on the rise.
China's thermal energy generation grew in August, the first time it has done so in four months. However, it is still behind the overall increase in electricity production as renewables continue to grow.
Hero Future Energies, a company in India, plans to invest $20 billion over six years in renewable energy.
Rahul Munjal, Chairman of Hero Group's Power Production Unit, said at an industry event Tuesday that the unit will invest $20 billion in six years to increase its production capacity by 16 times.
The Indian unit of German lender KfW plans to double its investments to $1 billion
A top executive at the German state bank KfW said that the unit's investments in India will more than double to $1 billion within the next few year, with a particular focus on India's energy and Infrastructure projects.
Occidental's 1PointFive receives funding up to $500 mln by US DOE
Occidental Petroleum’s carbon capture unit 1PointFive announced on Thursday that the U.S. Department of Energy’s Office of Clean Energy Demonstrations had committed up to 500 million dollars…
European and Southern African Development Banks to lend an extra $220 million to clean energy projects
The European Investment Bank and Development Bank of Southern Africa announced on Wednesday that, together, they will lend an additional 200 millions euros ($220.16million) to renewable energy project in South Africa.
Developments in Clean Hydrogen Production
The recent release of proposed regulations to the Clean Hydrogen Production Credit by the U.S. Department of the Treasury and IRS has stirred significant interest in the energy sector.
Indonesia seeks global assistance to accelerate the retirement of coal-fired power plants
Luhut Pandjaitan - Indonesia's senior mining minister - said that the Indonesian government was asking global leaders for assistance in negotiating with lenders for a faster coal power…
