Green technology
Arvato, an international supply chain and e-commerce service provider, has successfully integrated a new solar power plant into its Ontario distribution center, significantly reducing greenhouse gas emissions. This initiative is part of Bertelsmann's ambitious goal to become carbon neutral by 2030. The solar power plant, featuring 1,160
Green technology
The Oman Power and Water Procurement Company (OPWP) has issued requests for proposal (RFPs) to interested bidders to provide project management and supervisory consultancy services for its Manah I and Manah II solar PV projects. The two independent power projects, situated on a 15 million sq m area in the
Green technology
On the occasion of President Yoon Suk-yeol's state visit to the US, South Korea and the US held a ceremony to sign 23 memorandums of understanding (MOUs) aimed at strengthening bilateral cooperation in high-tech and clean energy areas. The MOUs were signed in 10 high-tech industry areas, including
Green technology
The Asian Development Bank's pre-feasibility study on the Energy Transition Mechanism (ETM) in Pakistan has drawn criticism from various local and international advocacy and community-based organizations promoting cleaner and sustainable energy sources. The ETM initiative aims to help countries reduce their carbon footprints through low-carbon investments and the
Green technology
The American Clean Power Association (ACP), the Solar Energy Industries Association (SEIA), and the American Council on Renewable Energy (ACORE), among others, have issued a joint letter calling on members of Congress to oppose H.J. Res. 39/S. J. Res. 15, a resolution that uses the Congressional Review Act
Green technology
In a pioneering move, the Algorand Foundation, through its India arm AlgoBharat, has collaborated with the State of Telangana to launch a campaign aimed at driving the adoption of blockchain-based solutions for promoting sustainable agricultural practices. The campaign focuses on enabling farmers to adopt practices such as organic farming, agroforestry,
Green technology
Uzbekistan's new energy policy has shifted focus towards renewable energy sources, driven by early successes in private sector investments in solar and wind power projects. To build on this momentum, the government aims to increase solar capacity to 5 GW and wind capacity to 7 GW, setting a
Green technology
The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements with Abu Dhabi Future Energy Company PJSC (Masdar) for the construction of three greenfields solar PV power plants in Uzbekistan's Samarkand, Djizzakh, and Surkhandarya regions. The projects are valued at USD 396.4 million
Green technology
Indiana Michigan Power (I&M), a subsidiary of American Electric Power, is taking significant steps to increase its clean energy capacity, filing plans with state authorities for four solar power plants capable of generating enough electricity to power more than 200,000 homes. The company is also seeking proposals
Green technology
The European Bank for Reconstruction and Development (EBRD) has provided a 140 million capex bridge loan to Fraport TAV Antalya Yatirim, Yapim ve Isletme (FTA) in Turkey as part of a financing package that includes funds from the International Finance Corporation (IFC) and Asian Infrastructure Investment Bank (AIIB). The EBRD&
Green technology
The European Bank for Reconstruction and Development (EBRD) has partnered with the International Finance Corporation (IFC) and the Asian Infrastructure Investment Bank (AIIB) to provide a 140 million capex bridge loan to Fraport TAV Antalya Yatirim, Yapim ve Isletme (FTA) in Turkey. This financing package is expected to enable the
Green technology
The inverter market is witnessing significant growth, driven by increasing investments in renewable power generation technologies and green infrastructure. The global inverter market is expected to grow at a CAGR of 15.7% to reach USD 33.8 billion by 2027, up from an estimated USD 16.3 billion in
