Sources say that the Energy Department may cut funding for US carbon removal hubs.
Three sources familiar with this matter have confirmed that the U.S. Department of Energy has been considering cutting hundreds of millions of dollar in grants for two projects in Texas or Louisiana…
US considers cutting funding to four of seven hydrogen hubs
According to a source familiar with the issue, the U.S. Department of Energy has considered cutting funding to four of seven hubs for hydrogen that were chosen under a $7-billion federal program.
Laos signs clean energy agreement worth $1.45 billion with Chinese industrial company
Laos signed a clean energy agreement worth $1.45 billion with a Chinese manufacturer of power plant equipment as it continues its drive to generate and transmit clean electricity. China…
UK invests $260 Million on solar panels for hospitals and schools
GB Energy, a state-owned firm, will be leading a 200 million pound ($260) solar panel project to benefit hospitals and schools in Britain, the country announced on Friday. This is the first…
Copenhagen Infrastructure Partners closes third offshore wind project with Taiwan
Copenhagen Infrastructure Partners, a clean energy fund manager, announced on Wednesday that it had reached financial closure on its 495 Megawatt (MW), Fengmiao I Wind Project, located off the coast Taichung in Taiwan.
Report: Solar power will account for 84% of the new US electricity added in 2024.
A report released on Tuesday stated that solar energy contributed 84% of the new electricity generation capacity to the U.S. grid in the past year. However, the industry will face challenges…
Republicans protect green tax credits through budget bill
According to a Monday letter, a group of Republican legislators urged the House Committee drafting the proposed tax cuts for President Donald Trump in the upcoming Budget Reconciliation…
CERAWEEK - IEA chief sees investment needed in existing oil and gas fields
Fatih Birol said that the International Energy Agency in Paris, which is headed by Fatih Birol himself, has a responsibility to invest in oil and natural gas fields for the sake of global energy security.
Aramco CEO: More likely Elvis will speak than energy transition plans to succeed
Saudi Aramco's CEO said Monday that policymakers and energy executives should rethink their energy transition plans. They must stop investing in elements of the energy transition which…
Tata Power, India's Tata Energy unit, is exploring a $5.6 billion investment in clean energy in Andhra Pradesh
Tata Power Renewables Energy Ltd. (TPREL), an Indian company, said it was exploring the possibility of setting up seven gigawatts of green energy in Andhra Pradesh's southern state for…
Corning and US solar manufacturers join forces to produce American-made panels
The companies announced on Thursday that Corning, a technology company, has signed a deal to produce the first solar panel made entirely of American components. The alliance between Georgia's Suniva and Corning…
The world must adhere to climate goals, despite what the US and UK envoys say
Britain's climate ambassador said that despite the United States pulling out, the world must continue to pursue the reductions in greenhouse gas emissions outlined in Paris Agreement. The UK is also moving forward with its goals.
Report says India's renewable sector is hit by low demand and cancellations
The Institute for Energy Economics and Financial Analysis reported on Thursday that India's renewable sector faces a number of obstacles, including a weak demand for bids, delays in power agreements and cancellations of projects.
UK replaces windfall oil tax with consultation on clean energy future
Britain announced that it will end the windfall taxes on North Sea oil producers by 2030, and replace them with a new mechanism for responding to price increases. It is pushing ahead with…
World Bank and other lenders criticise Pakistan’s energy negotiations
A group of eight development financing institutions warned that Pakistan's unilateral renegotiation will damage investor confidence in the clean energy sector and harm its long-term prospects.
Report: India must double its renewable energy capacity to achieve 2030 clean-energy goals
Global Energy Monitor's (GEM) report released on Wednesday said that India needs to double its annual additions of solar and wind power over the next five year in order to reach its 2030 clean energy targets.
As the price cap increases by 6.4%, millions of Britons will be paying more for their energy.
After Ofgem announced that its domestic price cap will rise by 6.4% in April due to the soaring wholesale prices of energy, millions of Britons are expected to pay more for their energy.
UK announces plans to reform subsidy schemes in order to accelerate green energy projects
The British Government on Friday announced plans to reform its flagship Contracts for Difference scheme (CfD), which will remove planning obstacles and accelerate green energy projects in particular offshore wind farms.
Japan has a plan to make green steel work.
The energy transition is a major challenge, and one of them is decarbonising steel production. This is especially true when consumers around the world are unwilling to pay more money for greener steel products.
Researchers find that China's clean-energy investments are on par with global fossil fuel investments.
According to a recent analysis by the U.K.-based Carbon Brief, China will invest 6.8 trillion yuan (about $940 billion) in clean energies in 2024. This is close to the global investment of $1.12 trillion made in fossil fuels.
