Renewable Energy
News & Press Releases
Renewable energy industry demands robust steps to push domestic solar manufacturing
India has an installed manufacturing capacity of about 3.1 gigawatt (GW) of PV cells and 11 GW of solar modules. However, out of the country’s annual demand of 10 GW solar PV equipment, nearly 85 per cent is still...
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
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
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
The Building Back Better Symposium Climate Crisis, Oil Price and Covid – 19
The global pandemic currently gripping our world has brought untold devastation to millions of people, striking deep on both the economic and social foundations of modern society. Crashing energy demand, plummeting oil price and workforce shutdown has left our...
News & Press Releases
Climate fund targets $2.5 bln in clean energy investment for SE Asia
A new climate fund backed by philanthropic donors is aiming to trigger $2.5 billion of clean energy investment in Southeast Asia and aid the region's green recovery after the coronavirus.
The South East Asia Clean Energy Facility (SEACEF) is managed...
Articles
Global Energy Demand to See Unprecedented Plunge This Year
The Covid-19 viral pandemic, which sparked a global quarantine, has caused short and long term consequences across most industries, including the global energy market. A halt in daily commuting worldwide coupled with the rise of home office work and...
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