Similar Posts
Matrix Energia issues Brazil’s first green bond for battery energy storage
Brazilian electricity company Matrix Energia has completed the country’s first green debenture issuance worth 100 million Brazilian reais ($17.9 million) to fund the construction of 224 MWh of battery energy storage capacity by 2025. This marks the first green issuance for a battery energy storage system (BESS) in Brazil and the second green issuance for a renewable project by Matrix Energia. Led by Caixa Econômica Federal, the six-year issuance was raised by Matrix Energia’s subsidiary,…
ReNew signs deal with Microsoft to supply 437.6 MW of green energy
ReNew, a leading renewable energy company in India, has entered into an agreement with tech giant Microsoft to supply 437.6 MW of green electricity attributes annually. This agreement is one of the largest corporate renewable deals in India and supports Microsoft’s goal to become carbon-negative by 2030. Under the agreement, ReNew will produce over one million units of green electricity attributes each year. As part of the deal, ReNew has pledged to allocate approximately $15…
Korean researchers achieve breakthrough in perovskite solar cell efficiency
Researchers from Chung-Ang University in South Korea have significantly boosted the efficiency of tin halide perovskite (Sn-HP) solar cells using 4-phenylthiosemicarbazide (4PTSC) as an additive. Led by Associate Professor Dong-Won Kang, the team achieved a record efficiency of 12.22 per cent. 4PTSC enhances Sn-HP solar cells by controlling crystal formation, passivating defects, and protecting against oxidation and moisture. This additive helps address the stability and conversion efficiency issues typically associated with Sn-HPs, which are less…
India to broaden sustainable finance framework, boosting ESG-labeled bonds
India’s market regulator, the Securities and Exchange Board of India (SEBI), plans to expand its sustainable finance framework to include a wider range of ESG-labeled instruments, potentially enhancing the market for such products in Asia. SEBI is consulting on the introduction of social bonds, as well as sustainable and sustainability-linked bonds, to complement the existing suite of environmental, social, and governance (ESG) debt. The proposed changes also include incorporating eligible asset-backed securities and requiring independent…
BP, Iberdrola to build 25 MW green hydrogen project in Spain
BP and Iberdrola have established a 50:50 joint venture to develop a 25 MW green hydrogen project in Castellón, Spain. The project has reached its final investment decision and is set to support the decarbonization of BP’s refinery operations by 2026, reducing CO2 emissions by 23,000 tons annually. The initiative has secured €15 million in funding from the Spanish Recovery, Transformation, and Resilience Plan, supported by NextGenerationEU. The plant is expected to create up to…
Shilchar Technologies expands transformer manufacturing capacity
Shilchar Technologies has completed a capacity expansion at its transformer manufacturing facility in Gavasad, Vadodara district, Gujarat. The facility’s capacity grew by 3,500 MVA in August 2024, reaching a total of 7,500 MVA annually, effective from October 1, 2024 (H2FY25). Senior management highlighted that the company is fully prepared to maximize this expanded capacity. Shilchar’s order book currently stands at approximately Rs 4.5 billion, expected to be executed over the coming nine months. Demand remains…