Portugal’s Prime Minister António Costa has presented the new procedures to speed up renewable projects in the country from the Alcochete solar plant, which has just completed its construction. Iberdrola has reaffirmed its commitment to clean energy in Portugal and announced that it will accelerate its investments to expand the country’s renewable capacity during a … Continue reading Iberdrola’s investment commitment to renewable energy in Portugal
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IEA predicts renewable energy to overtake coal by 2025
A report by the International Energy Agency says energy insecurity amid war in Ukraine is spurring a renewable power surge. Experts predict the sector will soon surpass coal as the world’s largest electricity source. The global capacity for producing renewable energy will soar by some 75% in the next five years, the International Energy Agency … Continue reading IEA predicts renewable energy to overtake coal by 2025
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New Report Warns World of Huge Untapped Renewable Energy Potential
Renewables are the backbone of the energy transition and a viable climate solution. Yet out of the 183 parties to the Paris Agreement with renewable energy components in their Nationally Determined Commitments (NDCs), only 143 have quantified targets with the vast majority focusing on the power sector. Only 12 countries had committed to a percentage … Continue reading New Report Warns World of Huge Untapped Renewable Energy Potential
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RWE agrees to acquire Con Edison Clean Energy Businesses, Inc. and to become one of the top leading renewable energy companies in the United States
RWE AG, one of the world’s leading renewable energy companies, signed a purchase agreement with Con Edison, Inc. to acquire all shares in Con Edison Clean Energy Businesses, Inc. (Con Edison CEB). Headquartered in Valhalla, New York, Con Edison CEB is a leading operator and developer of renewable energy plants in the United States, with … Continue reading RWE agrees to acquire Con Edison Clean Energy Businesses, Inc. and to become one of the top leading renewable energy companies in the United States
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Mango selects Acciona Energía to supply 100% renewable energy for 10 years
The contract will cover the headquarters in Palau Solità i Plegamans (Barcelona), the logistics warehouse in Lliçà d’Amunt (Barcelona) and ten of the largest stores in Spain. Mango, one of Europe’s leading groups in the fashion industry, and ACCIONA Energía, the world’s largest 100% renewable energy company with no fossil legacy, have signed an agreement … Continue reading Mango selects Acciona Energía to supply 100% renewable energy for 10 years
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Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that Egypt seeks to be a corridor for the transit of clean energy that the African continent enjoys. “Egypt is keen to support the efforts of African countries to access clean energy from renewable sources,” he stated, explaining that there is a plan to localize … Continue reading Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts
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Renewable Energy Jobs Hit 12.7 Million Globally
Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year despite the lingering effects of COVID-19 and the growing energy crisis, according to a new report. Renewable Energy and Jobs: Annual Review 2022 identifies market dynamics as major factors influencing employment generation in renewables, along with labour … Continue reading Renewable Energy Jobs Hit 12.7 Million Globally
Continue readingSwitching from fossil fuels to renewable energy could save the world as much as $12tn by 2050
Switching from fossil fuels to renewable energy could save the world as much as $12tn (£10.2tn) by 2050, an Oxford University study says. The report said it was wrong and pessimistic to claim that moving quickly towards cleaner energy sources was expensive. Gas prices have soared on mounting concerns over energy supplies. But the researchers … Continue reading Switching from fossil fuels to renewable energy could save the world as much as $12tn by 2050
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Mobilising Renewable Energy Projects in Small Island States
Despite increasingly intense natural disasters and a high dependency on fossil fuels, Small Island Developing States (SIDS) have demonstrated strong leadership by setting ambitious climate targets and national energy policies in pursuit of Paris Agreement and Sustainable Development Goals. On-ground capacity building, project facilitation and access to international finance are critical to support SIDS in … Continue reading Mobilising Renewable Energy Projects in Small Island States
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The United States is still a land of opportunity
Since Statkraft opened an office in the U.S. in 2015, the company’s U.S. operations have revolved largely around trading in CO2 allowances and renewable energy certificates. Statkraft is now well positioned to take advantage of additional opportunities in a rapidly growing U.S. renewables market. “When I started in Statkraft in 2015, no one in the … Continue reading The United States is still a land of opportunity
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Faster progress on renewables in Italy?
With its long coastline, high mountains and sunny Mediterranean islands, Italy should be well placed to increase its production of renewable energy. The challenge is to link power production with consumption over long distances and complex topography. Italy is the fourth-largest energy consumer in Europe, after Germany, France and the United Kingdom. Its per capita … Continue reading Faster progress on renewables in Italy?
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IRENA and OPEC Fund Join Forces to Unlock Investment in Energy Transition
The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed today in Vienna by IRENA’s Director-General Francesco La Camera and the Director-General of the OPEC … Continue reading IRENA and OPEC Fund Join Forces to Unlock Investment in Energy Transition
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Statkraft and FREYR Battery Sign Agreement, Securing Long-Term Supply of Renewable Energy
Statkraft, Europe’s largest producer of renewable energy, has signed a binding Heads of Terms with FREYR Battery, a developer of clean, next-generation battery cell production capacity, The Heads of Terms is expected to be finalized as a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power under globally competitive … Continue reading Statkraft and FREYR Battery Sign Agreement, Securing Long-Term Supply of Renewable Energy
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Iberdrola builds 1,800 new MW of renewable energy in the US
The company, the country’s leading offshore company, continues to make progress in the construction of Vineyard Wind 1. The group’s CO2 emissions in the United States are 6.5 times lower than the average for utilities. Iberdrola continues to make progress in its commitment to the development of renewable energies in the United States. At the … Continue reading Iberdrola builds 1,800 new MW of renewable energy in the US
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Macron thinks that Le Pen, Putin’s friend, plan to ban renewable energy is an aberration
The president of France criticized his opponent in the second round of presidential elections; Le Pen seeks to end all subsidies to the solar and wind energy sector and benefit her friend Putin. Le Pen represents the worst of France, although fortunately it is just possible that she will be elected, which would be a … Continue reading Macron thinks that Le Pen, Putin’s friend, plan to ban renewable energy is an aberration
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ACP Statement on IPCC Report Calling for Urgent Deployment of Renewable Energy
Heather Zichal, CEO of the American Clean Power Association (ACP), issued the following statement today after the UN’s Intergovernmental Panel on Climate Change (IPCC) released the Working Group III report, Climate Change 2022: Mitigation of Climate Change: “How many more times must we be reminded about the urgency of aggressively ramping up the deployment of clean … Continue reading ACP Statement on IPCC Report Calling for Urgent Deployment of Renewable Energy
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CRUL and IRENA Sign Partnership to Promote Research on Renewable Energy
The Lazio Region Universities Coordination Committee (CRUL) and the International Renewable Energy Agency (IRENA) have signed a Memorandum of Understanding (MoU) establishing a new partnership aimed at developing joint research on how to boost renewable energy as a key element in energy transition. The research will focus, among others on bioenergy, geothermal, hydroelectric, ocean, solar … Continue reading CRUL and IRENA Sign Partnership to Promote Research on Renewable Energy
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WWEA and Global100RE call for renewable energy equipment for immediate humanitarian relief in Ukraine
With the ongoing war in Ukraine, more and more areas in the country are cut off the electricity supply, including hospitals and other places which urgently require access to power. In order to help civilians, the World Wind Energy Association WWEA and the Global 100% Renewable Energy Platform Global100RE (http://www.global100re.org/), supported by Global100RE Ambassador Ruslana … Continue reading WWEA and Global100RE call for renewable energy equipment for immediate humanitarian relief in Ukraine
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renewAfrica: turning challenges into renewable energy opportunities
At the recent EU-Africa Business Forum in Brussels RES4Africa Foundation President and Enel Green Power CEO Salvatore Bernabei talked about what needs to be done in order to attract private investors and accelerate the energy transition in Africa. The 7th EU-Africa Business Forum (EABF22), was held in Brussels in a hybrid format on February 16 and … Continue reading renewAfrica: turning challenges into renewable energy opportunities
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Financing for renewable energy becomes marred by regulatory instability
After two extraordinary and complicated years in many ways, such as 2020 and 2021, the development of new renewable energy projects continues despite the difficulties. This article summarises the situation of PPA and renewable energy projects financing in general during 2021. The renewable energy projects financing in 2021 The previous year, 2020, was an atypical … Continue reading Financing for renewable energy becomes marred by regulatory instability
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