EU Commission says two sides will pursue ‘mutual interest’ in energy cooperation, including in North Sea A Brexit deal between the EU and UK lays the ground for “ambitious” co-operation over renewable energy and climate action, according to early clues to the substance of one of the most nerve-racking international trade treaties in recent history. […]

Government envisions nearly $2tn impact from green growth plan TOKYO — Japan unveiled a plan Friday to achieve its goal of net-zero greenhouse gas emissions by 2050 that calls for tripling renewables’ share of power generation to at least 50%. The government estimates that its “green growth strategy” will generate 190 trillion yen ($1.83 trillion) […]

Gunkul Engineering acquires 50MW solar power plant in Thua Thien-Hue for US$39.9 million Driven by its rising power demand, Vietnam has become one of the largest and fastest-growing renewable energy markets in Southeast Asia, and Thai companies are acting swiftly to take advantage of the vast opportunities in the country. Thai energy firm Gunkul Engineering, […]

It is also supporting the creation of a consortium dedicated to developing control technologies for a modernised electric grid The US Department of Energy (DOE) is providing up to $45 million (£33m) for research into advanced solar hardware and systems integration. The DOE’s Office of Energy Efficiency and Renewable Energy (EERE) is seeking new solutions that can […]

India is getting to work on what will be the largest renewable energy project in the world. Prime Minister Narendra Modi laid the foundation this week — physically — for the 30 gigawatt (GW) wind and solar power project being built in his home state of Gujarat, India. It was not that long ago that […]

Despite market uncertainty and construction delays in the pandemic, U.S. renewable power capacity installations have surged to a record this year. Both the solar and wind power markets will see record capacity additions in 2020, while electricity generation from those renewable energy sources has seen double-digit increases amid a decline in the overall U.S. power […]

The renewable energy sector is growing at an exponential rate. In 2020, for the first time, renewables have generated more electricity in the U.K. than fossil fuels and according to the International Energy Agency, solar energy is the “cheapest electricity in history.” Yet while the capacity of the renewable energy sector is strengthening, renewables still only account for 11 percent […]

The new project mainly aims to expand solar generation in and out of the Greater Male region The World Bank approved a $107.4 million project to help the Maldives accelerate its transition to renewable energy. The ‘Accelerating Renewable Energy Integration and Sustainable Energy’ (ARISE) project builds on the efforts of the existing World Bank-funded program […]

New York — New wind and solar power capacity build will increase globally in 2021, but economic recovery, gas-to-coal switching and low fossil fuels prices will drive energy sector carbon dioxide emissions 1.4 gigatons (4.4%) higher year on year in 2021, S&P Global Platts Analytics said Dec. 11. The global buildout of wind and solar power […]

The late-night agreement by European leaders is set to rapidly increase the cost of emitting greenhouse gases, potentially speeding up the energy transition EU leaders have agreed to cut the bloc’s net emissions by at least 55% by 2030, compared to 1990 levels, pushing the European carbon price to an all-time high of more than […]

EU leaders have asked the European Commission to set up an “enabling framework” to promote renewable energy projects across borders in a move that could benefit offshore wind. The EU-level framework would support cross-border projects, like offshore energy production and national renewable energy projects. The Council’s conclusions, published on Friday (11 December), looked at a wide […]

The addition of 26 new utility-scale wind and solar projects in Australia, France, Germany, Italy, South Africa, Sweden, the UK, and the U.S. bring Amazon’s total number of renewable energy projects to 127 Company’s total renewable energy investments to date will supply 6.5 GW of electricity production capacity — enough to power 1.7 million U.S. […]

Over the past few years, the global economy has been slowly switching power sources, pivoting away from greenhouse-gas-emitting fossil fuels towards cleaner and renewable alternatives.  This transition to clean energy was always meant to cost trillions of dollars and many decades to complete.  However, the recent win from President-elect Joe Biden should provide for a […]