Renewable Energy
News & Press Releases
India Must Commit $20 Trillion To Achieve Net Zero By 2070
In order to achieve its ambitious target of reaching net zero by 2070, India will need to invest $20 trillion in capital projects, according to a new estimate. According to a report by research firm UBS, they devised an in-house...
News & Press Releases
H1 Peak of $226bn Set For Global Renewable Energy Investment
According to a new BloombergNEF research, global renewable energy funding achieved a new six-month record of USD 226 billion (EUR 221 billion) in January–June 2022, demonstrating a greater than ever investor appetite for clean energy.
As per BNEF’s Renewable Energy...
News & Press Releases
EUR 2.98bn German Green Heating Project Earns EU Support
The German government's EUR-2.98 billion (USD 3.04 billion) funding initiative to assist green district heating received approval from the European Commission (EC) on August 2nd, clearing the way for the programme to begin in mid-September.
The assistance will be given...
News & Press Releases
Trade Wars Trigger 55% Dip In Clean Energy Projects In US
According to research released by an industry group on July 26th, COVID-19 delays, trade issues, and inaction by Congress all hindered the expansion of renewable energy sites in the United States, especially wind and solar power.
In comparison to the...
News & Press Releases
Waste-To-Energy Project of Dubai DWMC Starts In Q1 2023
The largest waste-to-energy project in the world, the Dubai Waste Management Center (DWMC), will start up its inaugural operations in 2023, according to the Dubai Municipality.
Two of the center's five treatment lines will be in use at first, processing...
News & Press Releases
Vernova Will Now Be The New Title For GE Energy Division
On July 18, General Electric (GE) announced yet another shift to its organisational structure, saying its energy and other divisions will function under new brand names.
The company's chairman and CEO, as well as the CEO of GE Aerospace, H....
News & Press Releases
German Legislators Favor Expansion Plan Of Renewable Energy
On July 7, German lawmakers adopted a significant reform package aimed at increasing the generation of renewable energy, as chancellor Olaf Scholz cautioned that the nation has been overly dependent on Russian energy supply.
Less than two months after Russia's...
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