Global energy sector leaders Enel and Eni are working together to develop green hydrogen projects. The two partners are planning to produce green hydrogen through electrolysers powered by renewable energy. The electrolysers will be located near two of the Eni refineries where green hydrogen appears to be the best decarbonization option. Each of the two […]

The Global Wind Energy Council (GWEC) appreciates the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed reduction to the FIT risks damaging the growth of Vietnam’s promising wind power sector by slowing down investment, the creation of new jobs and […]

Wind energy is well positioned to support Europe’s economic recovery from COVID-19. The EU wants a major expansion of wind energy to deliver the Green Deal. The wind industry has proved resilient this year and is ready to deliver the investments the EU wants – all of which will create jobs and growth. Starting at […]

Researchers from Aarhus University have modelled the decarbonisation of the sector-coupled European energy system using very high-resolution data. The results are clear: To reach climate-neutrality by 2050 we need solar energy; and lots of it Researchers from Aarhus University have modelled the decarbonisation of the sector-coupled European energy system using very high-resolution data. The results […]

Incentives will drive renewed interest from automakers. The decision of Thailand’s Board of Investment (BOI) to approve additional incentives to attract automakers for electric vehicle (EV) production will continue to cement the country’s position as EV production hub, according to an outlook by Fitch Solutions. The new package of incentives includes a full range of […]

Electric Vehicles (EVs), including hybrid electric cars, can drastically reduce carbon emissions released into the environment. Compared to conventional cars that release unhealthy amounts of carbon dioxide, carbon monoxide and nitrogen oxide into the environment, battery-electric cars effectively produce zero-emissions from their tailpipes.  Bloomberg Energy Finance predicts that 54 percent of new cars sold in 2040 […]

As the EU has already done, the ASEAN region can and must set a high bar to attract, retain and deploy ESG investments Before Covid-19, the world already faced an annual financing gap of around US$2.5 trillion required to attain the Sustainable Development Goals (SDGs) by 2030 – the plan endorsed by world leaders to […]

SINGAPORE is set to ink an agreement with Laos, Thailand and Malaysia at an Asean meeting next month to advance cooperation on cross-border power trading, Second Minister for Trade and Industry Tan See Leng said on Monday. The memorandum of understanding for the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP) is expected to be signed at […]

(MENAFN – Investor Ideas) November 25, 2020 (Investorideas.com Newswire) ASEAN countries have laid an aspirational five-year sustainability plan to improve the renewable energy (RE) capacity in the power mix to 35% to achieve the target of 23% of RE in the total primary energy supply by 2025. The renewables (including hydro) under this vision can […]

Renewable energy solutions can be the backbone of urban decarbonization efforts, a new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) on the Rise of renewables in cities: Energy solutions for the urban future finds. Responsible for over 70% of total energy-related CO2 emissions, cities are increasingly relevant in addressing climate change, […]

Two Republicans and a Democrat were leading in the race to secure three of the five seats on the Arizona Corporation Commission, which regulates publicly owned utilities in a state that faces growing challenges from the effects of climate change. Unofficial results from the Secretary of State’s Office on Friday morning, Nov. 6, showed Republican […]

French renewable power producer Neoen SA (EPA:NEOEN) has won a government contract to build a 300-MW battery facility in Victoria, Australia. The French firm will sign a contract with the Australian Energy Market Operator (AEMO), the Minister for Energy, Environment and Climate Change Lily D’Ambrosio announced on Thursday. Called the Victorian Big Battery, the project […]

The Association of European Development Finance Institutions (EDFI) this week committed to immediately stopping new coal and fuel oil financing. The 15 European bilateral development finance institutions (DFIs) that make up the association will also end other fossil fuel financing by 2030 at the latest. In the meantime, funds for fossil fuels will be restricted […]