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Author Archives: YDA

Norway’s oil fund to target green energy infrastructure, if allowed-CEO

Norway’s oil fund to target green energy infrastructure, if allowed-CEO Norway’s $850-billion sovereign wealth fund, the world’s largest, would target investments in renewable energy, the transport sector and grids, if it were allowed to invest in unlisted infrastructure, the fund’s CEO told Reuters on Tuesday. “From our point of view the focus will be on the energy transition, renewable energy,” ... Read More »

Indian companies boost green bond offerings on govt’s clean-energy push

Indian companies boost green bond offerings on govt’s clean-energy push * Private and public sector borrowers tap market * Strong issuance growth seen to fund renewable energy needs * Policy push key driver of volumes By Umesh Desai HONG KONG, Nov 27 Indian companies are beginning to embrace green finance to fund environmentally friendly projects, as they heed calls from ... Read More »

These eco-friendly firms #ActOnClimate

These eco-friendly firms #ActOnClimate U.S. businesses are serious about addressing climate change. “We’re seeing that [commitment] in many, many ways,” says Todd Stern, U.S. special envoy for climate change. Eighty-one ways recently. Just as world leaders were set to gather in Paris for the U.N. conference of parties, known asCOP21, to discuss climate action, that many companies — 81 — ... Read More »

Indian households spend over Rs 1,164 crore on purchasing electric water heaters

Indian households spend over Rs 1,164 crore on purchasing electric water heaters Indian households had spent over Rs 1164 crore on purchasing electric water heaters for bathing purpose in last twelve months, a latest study by market tracker GfK said. The study also pointed out Indian consumers prefer storage water heaters over the instant type with every seven in ten ... Read More »

Renewable energy supply to double in major economies by 2030

Renewable energy supply to double in major economies by 2030 Renewable energy supply in eight major economies will collectively more than double by 2030 due to new national climate and energy plans, according to a study by the think tank World Resources Institute (WRI). Total clean energy supply from eight of the world’s 10 largest greenhouse gas emitters – Brazil, ... Read More »

SunEdison to supply cheapest solar power in India

SunEdison to supply cheapest solar power in India U.S.-based SunEdison has won a bid to sell solar power in India at a record low tariff, which could boost the appeal of the renewable source at a time when Prime Minister Narendra Modi is pushing for clean energy to combat climate change. Solar energy still has a long way to go ... Read More »

Solar Power to the People: The Rise of Rooftop Solar Among the Middle Class

Solar Power to the People: The Rise of Rooftop Solar Among the Middle Class Homeowners across the United States have begun a rooftop solar revolution. Since 2000, more than 1,460 megawatts of residential solar installations have been installed across the country, and more than 80 percent of that capacity was added in the past four years. In 2012 alone, rooftop ... Read More »

Modi, Merkel vow to revive trade efforts, promote clean energy

Modi, Merkel vow to revive trade efforts, promote clean energy * To push for revival of India-EU free trade talks * Germany to provide 2 bln euros for clean energy, solar * India sets up one-stop shop for business approvals (Adds Indian foreign secretary on free trade deal) By Andreas Rinke and Douglas Busvine NEW DELHI, Oct 5 India and ... Read More »

Here comes the sun – 300 days a year

Here comes the sun – 300 days a year While Chancellor Merkel talks trade with Prime Minister Modi, a German firm is finishing a large-scale solar park in Delhi. India is an ideal market for solar power because of its plentiful sunshine – and its increasing number of consumers of energy. Read More…. Here comes the sun – 300 days ... Read More »

This incredible fact will get you psyched about solar power

This incredible fact will get you psyched about solar power There’s one simple fact that may just change your thoughts on renewable power. In a single hour, the amount of power from the sun that strikes the Earth is more than the entire world consumes in an year. To put that in numbers, from the US Department of Energy: Each ... Read More »