EU solar growth slows, raising concerns for energy transition
Industry data revealed on Tuesday that the growth in solar power installations in Europe has slowed to 4% after years of double digit increases. This is raising concerns over the continent's transition to clean energy.
Japan aims to reach 40-50% of its power needs from renewable sources by 2040
According to a draft version of the revised basic energy policy of Japan, it wants nuclear power to make up 20% of its mix of electricity by 2040, while renewable energy will account for 50%.
Nuclear roadblock to EU's new renewable energy target
On Monday, pro-nuclear countries expressed their opposition to the European Union's plans for a renewable energy goal. They said they would not support a goal which excluded atomic energy.
Britain announces plan to encourage the development of clean energy projects
The UK launched on Friday a plan that will make it easier for developers and investors to build clean energy project, which they hope will help them meet their climate targets as well as create jobs.
Eastern Canadian provinces replace controversial Churchill Falls Hydropower deal
On Thursday, the Canadian province Newfoundland and Labrador signed a Memorandum of Understanding with its neighboring Quebec to create a deal for hydroelectric generation in Labrador.
ReNew Energy, India's energy company, has offered to be privatized in a $2.82 billion deal
Filings with the U.S. Securities And Exchange Commission show that some of the largest investors in ReNew Energy Global are offering to take the company public. The proposed deal values the generator…
Equinor, BP and TotalEnergies invest in Britain's carbon-capture projects
They announced on Tuesday that Equinor, BP, and TotalEnergies have made the final investment decisions for two of Britain's first projects to capture and store carbon in the north. The Northern Endurance Partnership Project…
India will mandate the use of solar cells made locally in all clean energy projects by June 2026
From June 2026, Indian clean energy companies will have to use solar photovoltaic modules made from local cells by a list of approved companies. This is a measure to reduce imports from China, the top supplier.
Continuum Green Energy Files for $430 mln India IPO
Continuum Green Energy, an Indian power company, filed a 430.26-million rupee ($36.5-billion) initial public offering on Monday to capitalize on the growing demand for clean energy in India.
Sechin, Rosneft's boss, says that targets and costs are a hindrance to the appeal of green energy.
Igor Sechin is a well-known sceptic of green energy and the boss of Russia's largest oil producer Rosneft. He believes that investors are losing interest in clean energy because of elusive targets, high cost and lack of funding.
EDF will extend the operational life of four British nuclear reactors
EDF said it would extend the lives of four British nuclear power plants and invest 1,34 billion pounds in the British fleet between 2025 and 2027. This will boost the energy security of…
Exxon names GM's former president to lead oil and gas business
Exxon Mobil announced on Tuesday that Dan Ammann - the former president of General Motors will be taking over its most profitable and largest business in early 2013. Ammann, who joined Exxon in 2012 to lead its Clean Energy Unit…
BOEM ID's Environmental Measures for NY Bight Wind
In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a…
Indonesia talks nuclear technology with US and Russia
A deputy minister of the Indonesian government said on Friday that Indonesia has been in discussions with the United States about developing nuclear power plants. Vivi Yulaswati is a deputy…
A survey shows that big steelmakers are not switching to renewable energy sources.
A survey of 18 major firms revealed that the world's largest steelmakers are falling further behind in their shift to low-carbon production. Some still rely on fossil fuels as their primary source of energy.
Adani allegations bring India's clean-energy conundrum to the forefront
The allegations of bribery against Adani Group's founder Gautam Adani highlight the increasing difficulty that India's renewable energy developers have in finding buyers for their power.
India's floating-solar plans face opposition from fishermen
But he fears his livelihood could evaporate if plans to install a huge floating solar farm on the Nathsagar reservoir go ahead. The government is considering a project to blanket about 7…
Philippines communities challenge dash for fossil gas
The government claims that LNG is an alternative to coal, and the capacity to generate it is required to meet the energy demands of Luzon Island, which is also home to Manila, the capital city, located 110 km (68 mi) north.
India's NTPC Green Energy surges 12% on its trading debut
Investors bet on India's growing need for clean energy as shares of India's NTPC Green Energy, the renewable energy division of power producer NTPC, surged 11.9% on their trading debut Wednesday.
Anglo sells Australian coal mines for up to $3.78 billion to Peabody
Anglo American agreed on Monday to sell the remaining Australian steelmaking mines to Peabody Energy, for up to $3.78 Billion in cash. This is its first large disposal under a restructuring plan.
