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Enel, a leading private electricity company in the world by renewable installed capacity, has launched a “sustainable” bond for institutional investors on the US and international markets worth US$1.5 billion. The funds, which were oversubscribed by almost three times, will
Using energy in smarter ways can save companies a lot of money even for large multinational companies, such as UltraTech Cement, Hilton and H&M. Smarter energy use has saved 18 companies over US$$55 million in the last year alone, helping
Samsung together with the United Nations Development Programme (UNDP) announced a new partnership in support of the Sustainable Development Goals (SDGs). As part of this initiative they plan to release the ‘Samsung Global Goals’ application for Galaxy users to increase
Automakers Ford and Volkswagen have announced a new partnership to collaborate on electric vehicles and investment in self-driving technology platform Argo AI. Both companies have taken an equal and majority stake in Argo AI. As part of the investment in
Investment in renewable energy reached US$288.9bn in 2018, according to new figures published in BloombergNEF’s Renewables 2019 Global Status Report. The amount spent on new capacity far exceeding investments for new fossil fuel power. “Global trends continue to indicate that
The renewable energy industry employed 11 million people worldwide in 2018, an increase from 10.3 million in 2017, according to the latest analysis by the International Renewable Energy Agency (IRENA). The report, Renewable Energy and Jobs – Annual Review 2019,
The latest report from the International Renewable Energy Agency (IRENA) shows renewable power is the cheapest source of electricity in many parts of the world already, reaffirming the role of renewables as low-cost solution to boost global climate action. With
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