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Indian Oil Corporation Ltd. | April 04, 2022
To support India's decarbonization efforts, Indian Oil Corporation Ltd. (IndianOil), the country's largest refiner and retailer of petroleum products, Larsen & Toubro (L&T), India's largest engineering and construction conglomerate, and ReNew Power, India's leading renewable energy company, announced the signing of a binding term sheet for the formation of a joint venture (JV) company to develop the country's nascent green hydrogen sector.
Renewable Energy Magazine | February 06, 2020
The U.S. Department of Energy (DOE) has announced up to $125.5 million in new funding to advance solar technology research. “Solar energy has grown tremendously in the last decade,” said U.S. Secretary of Energy Dan Brouillette. “The research and development supported by this investment will build on the technological foundations necessary to continue the solar industry’s growth and preserve American energy choice, independence, and security.” In addition to the solar funding announcement, EERE ...
BNamericas | April 14, 2020
Chile’s updated nationally determined contributions (INDC) to the Paris Climate Agreement include new quantifiable goals for the energy, construction and transport sectors. Under the new goals, the country will move faster toward a cleaner energy matrix and more sectors will use electric power instead of fossil fuels. The goals maintain the commitment to retire all coal-powered plants by 2040. Coal represented 37% of total power generation in 2019, more than any other technology. Most of the ret...
RECHARGE news | April 03, 2020
Automotive giant Toyota unveiled plans to enter the renewable power generation industry after a deal to set up Toyota Green Energy with a Japanese utility. Toyota – one of the world’s largest auto manufacturers and a pioneer of electric vehicles (EVs) with its Prius hybrid model – said the new company will run wind and solar plants in Japan to help the group meet its 2050 environmental ambitions. The auto-maker will own 50% of Toyota Green Energy, with power utility partner Chubu Electric holdin...
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