News & Press Releases
News & Press Releases
PetroVietnam to invest in renewables amid shrinking crude oil production
Vietnam's state oil firm PetroVietnam is seeking to venture into renewable energy sources like wind farms and floating solar panels, as domestic crude oil production has peaked at most of its offshore oil fields.
The company, formally known as Vietnam...
News & Press Releases
EU to boost green hydrogen use for decarbonisation, focus on energy efficiency
The European Commission on Wednesday unveiled a strategy to scale up renewable hydrogen projects across polluting sectors from chemicals to steel and push for clean fuels and energy efficiency to meet the EU's net-zero emissions goal by 2050.
European industry...
News & Press Releases
BP to invest USD 70 million in Indias Green Growth Equity Fund
The UK-based BP plc on Tuesday said it will invest USD 70 million in the Green Growth Equity Fund (GGEF) that supports the growing renewable energy sector in India.
The fund, established in 2018, is focused on identifying, investing and...
News & Press Releases
Orsted, Taiwans TSMC sign worlds largest wind power CPPA
Ørsted and Taiwan-based TSMC have signed a corporate power purchase agreement (CPPA). TSMC will offtake the full production from Ørsted’s 920MW Greater Changhua 2b & 4 offshore wind farm, making it the largest-ever contract of its kind within renewable...
News & Press Releases
IEA launches green energy JV in Indonesia
Indonesian Minister of Energy and Mineral Resources Mr Arifin Tasrif and IEA Executive Director Dr Fatih Birol are pleased to announce the launch of a new joint project on electricity and renewable energy in Indonesia.
The project will focus on...
News & Press Releases
NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR
NextPower III, NextEnergy Capital’s third institutional solar fund, is pleased to announce its first acquisition in India.
This 27.4MWp plant was acquired from IBC SOLAR Energy GmbH, the international project division of IBC SOLAR AG, a leading global system...
News & Press Releases
CleanMax solar Receives Financing From GCPF for Southeast Asia Expansion
The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand as its first new market. GCPF...
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