Vikram Solar partners with U.S. DFC at COP28, securing a Retainer Letter for its 3 GW Tamil Nadu manufacturing facility. The collaboration amplifies Vikram Solar’s role in the clean energy revolution, strategically expanding PV module manufacturing and integrating backward into solar cell production. Aligned with DFC’s climate strategy, this initiative signifies a pivotal step towards…
Astronergy’s Yancheng base, the first Astronergy zero-carbon factory certified by TÜV Rheinland, is featured among the 26 exemplary cases in the 2023 Climate Action Cases. Through its upgrade, the first zero-carbon factory significantly reduces carbon emissions by 42,221.37 tons, with 69.61% energy from renewables. The environmental impact is equivalent to planting 2.34 million trees.
At COP28, Masdar commits $2 billion in equity by 2030 for the Africa Green Investment Finance Initiative, targeting $10 billion investments to deliver 10GW clean energy across six Sub-Saharan nations. The announcements include 150 MW solar projects each in Angola and Uganda, a 500MW initiative in the Republic of Congo, geothermal collaboration in Kenya, a…
Scatec is actively participating in COP28, emphasizing renewable energy as a critical climate change solution. During the conference, Scatec signed a cooperation agreement for a 1 GW solar and 200 MWh battery storage project with the Egyptian Electricity Holding Company, supported by the African Development Bank Group. The company highlights hybrid plants’ significance in addressing…
The 2022 State of Climate Action report emphasises the importance of COP28 in addressing climate change. Wood Mackenzie’s outlook indicates a concerning 2.5°C warming trajectory by 2100, and the first global stocktake shows no signatory meeting emission targets. COP28 aims to address the financing gap for mitigation in developing nations, refine carbon credit market rules,…
