Cyprus in EU top three for fossil fuel usage

Cyprus along with the Netherlands is joint third within the EU for the highest share of fossil fuels in gross available energy at 89 per cent, far beyond the EU’s average of 69 per cent. Cyprus is just behind Malta’s 96 per cent, is in stark contrast to Sweden’s 32 per cent and Finland’s 38

Largest desert-based renewable energy project begins in China

China has broken ground on a renewable energy project worth an estimated $11 billion in the province of Inner Mongolia. The project will have a capacity of 16 GW and produce some 40 billion kWh of electricity to Beijing and the provinces of Tianjin and Hebei. The project will combine solar, wind, and upgraded coal

Egypt inks deals on renewable energy

Egypt signed agreements and MoUs in the field of renewable energy and green hydrogen worth $119 billion, according to Maged Karam al-Din, a technical director of the Regional Center for Renewable Energy. In an interview, he noted that Egypt generates 6,000 megawatts of electricity from power plants powered by renewable energy. He pointed to progress

UW-Oshkosh, Agra Energy partner to turn dairy waste into renewable energy

Wisconsin’s first commercial facility to convert dairy farm waste into renewable biofuel for vehicles broke ground. Thanks to a partnership between the University of Wisconsin-Oshkosh and the California-based Agra Energy. The $20 million facility is located at the Dairyland Farm in New Franken. It will use new technology to convert manure into an estimated 750,000

Samskip signs biofuels agreement with GoodFuels

Samskip has signed a new agreement with GoodFuels, committing the Samskip container ships Endeavour, Innovator, Hoffell and Skatafell to run on marine grade bio-residual fuels until the end of 2022. GoodFuels MDF1-100 biofuel is formulated entirely from sustainable waste streams from the EU’s Renewable Energy Directive list. Initially using a biofuel blend which achieved a

Adani incorporates two new subsidiaries

Adani Green Energy announced that its wholly owned subsidiary, Adani Renewable Energy Holding Four has incorporated two new subsidiaries, Adani Renewable Energy Forty Four and Adani Renewable Energy Forty Eight. The company’s arm, Adani Renewable Energy Holding Four, has incorporated two new subsidiaries with an authorised and paid-up capital of Rs 1 lakh each. The

KKR to invest $450 mn in Hero Group’s renewable energy

Global private equity (PE) major KKR will invest $450 million (₹3,585 crore), in Hero Future Energies (HFE), the renewable energy arm of the Hero Group, the companies announced. The majority investment comes from KKR along with co-investment from parent conglomerate Hero Group, details of which along with the valuation remain undisclosed. US-based investor KKR makes

It’s high time to rev up renewable energy sources

Wind and solar are the renewable sources of energy, which emit very tiny or no greenhouse gases. They are readily available and much cheaper than coal, oil and gas. Indeed, the fossil fuels like coal, oil and gas are the worst contributors to global climate change. Theay account for over 75 percent of global greenhouse

NHPC’s subsidiary to develop UMREPP in Rajasthan

NHPC Ltd announced that its subsidiary and the Rajasthan government to develop renewable energy parks with a capacity of 10 gigawatts (GW) in Rajasthan. The ultra-mega renewable energy power parks (UMREPP) will be developed by NHPC Renewable Energy Limited (NHPC REL), the wholly-owned affiliate of the hydropower firm, which has signed the pact with the

Tata Motors to develop solar project at Jamshedpur facility

Tata Motors has signed a Power Purchase Agreement (PPA) with Tata Power to develop a 7.25 Mwp onsite solar project at its commercial vehicle manufacturing facility. The project will be a significant move to increase the renewable energy portfolio at its manufacturing facility. With this project, the onsite solar plant capacity of Tata Motors’ Jamshedpur