USA

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107-year-old, $5 billion foundation founded on oil money is saying goodbye to fossil fuels in an effort to save the planet- Report CNN

The Rockefeller Foundation, a 107-year-old philanthropy built by oil magnate John D. Rockefeller, is breaking away from fossil fuels in an effort to save the planet. Beyond pledging to dump its fossil fuel stocks, the $ 5 billion endowment also promises no new investment in the troubled sector. The moves make the Rockefeller Foundation the […]

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JPMorgan Chase and Brookfield Renewable Launch Collaboration to Power Over 500 Offices and Branches in New York with 100 Percent Renewable Electricity

JPMorgan Chase and Brookfield Renewable, on this October’s press release announced a five-year energy agreement to supply clean, renewable electricity to more than 500 of JPMorgan Chase’s real estate operations in the state of New York. Brookfield Renewable, which is, together with its institutional partners, owner and operator of one of the world’s largest publicly

JPMorgan Chase and Brookfield Renewable Launch Collaboration to Power Over 500 Offices and Branches in New York with 100 Percent Renewable Electricity Read More »

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Nestlé’s largest direct investment (by capacity) in a renewable energy project to date announced

As per the press release by Nestle USA on 9th December 2020, Nestlé announced that it is investing in Taygete I, a 2000 acre solar project owned and developed by 7X Energy in Pecos County, Texas. This is Nestlé’s largest direct investment (by capacity) in a renewable energy project to date. With this investment, the

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Joe Biden’s win could double annual solar and renewable deployments, increase financial impacts for utility customers: S&P

As reported by Utility Dive, Biden administration victory could nearly double the annual rate of renewable solar deployment in the US, according to a new report from S&P Global Ratings, but the presidential candidate’s pragmatic approach to the nation’s ongoing energy transition could result in a more gradual implementation to minimize financial impacts to clients.

Joe Biden’s win could double annual solar and renewable deployments, increase financial impacts for utility customers: S&P Read More »

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China’s electric car segment is starting to go global. Researchers predict it to go ahead of the US in coming years.

Key points: While California-based Tesla captured popular attention for electric cars, national politics in Beijing encouraged the launch of several rivals in China, the world’s largest auto market. Once a fringe element in an oil-focused global energy market, electric vehicles are part of a potential new ecosystem that includes autonomous cars and transportation services, says

China’s electric car segment is starting to go global. Researchers predict it to go ahead of the US in coming years. Read More »

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India’s Pastiche Energy ties up with US based Hnu Energy for Electric mobility and Storage solutions

Pastiche Energy Solutions Private Limited,  based at Haryana, India is a company focused on the product development and operations of lithium and its allied products. It is one of the leading designer, manufacturer and supplier of customized batteries, battery packs and battery chargers for various applications and energy storage systems. The Founder of Pastiche, Mr.

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“Green Hydrogen” could become a market of 12 trillion US Dollars.

Yes!! The “green hydrogen” could become a market report of 12 trillion dollars. How to play it? Read here Calling it a once-in-a-lifetime opportunity, analysts estimate that the addressable market could be worth 10 trillion euros ($ 11.7 trillion) by 2050, divided between Asia, the United States and Europe. London-based analysts, led by Alberto Gandolfi,

“Green Hydrogen” could become a market of 12 trillion US Dollars. Read More »