Germany could close its last coal-fired power plant long before a 2038 deadline as the dirtiest fossil fuel gets squeezed out of the energy mix by clean electricity. A plan struck on Thursday by Chancellor Angela Merkel to compensate regions and companies for the exit anticipates some of the most polluting plants running down the […]
LATE SURGE IN OFFSHORE WIND FINANCINGS HELPS 2019 RENEWABLES INVESTMENT TO OVERTAKE 2018
A string of billion-dollar deals off coasts of mainland China and Taiwan, and in British, French and Dutch waters, made 2019 an all-time high for offshore wind London and New York: Investment in renewable energy capacity worldwide was $282.2 billion last year, up 1% from 2018’s $280.2 billion, with the world’s biggest market (China) […]
Investing in renewables for a long-term impact
Early-stage investments in clean energy made more than a decade ago has given Masdar a head start in a fast-growing sector At the opening of this year’s Abu Dhabi Sustainability Week, it was humbling to see such a diverse, global group taking part. Abu Dhabi, under the leadership of Sheikh Mohamed bin Zayed, Crown Prince […]
National Grid Pension Plan to Invest $241 Million in Renewables
National Grid Plc’s U.K. pension scheme will invest 185 million pounds ($241 million) in solar and wind farms in the nation. The investment will be managed by Octopus Renewables as part of a fund for institutional investors that are looking to increase their exposure to green energy. The firm manages more than 3.2 billion pounds […]
RWE is possible takeover target in renewables boom – Goldman Sachs
Following an asset swap with E.ON, RWE last year became Europe’s third-largest renewables player after Spain’s Iberdrola and Italy’s Enel, and the world’s No.2 offshore wind player after Denmark’s Orsted FRANKFURT: RWE, Germany’s largest power producer, could become a takeover target as big industry players strive to expand their renewable portfolios around the world, Goldman […]
Opinion: Hayleys Fentons MD bullish on construction, renewables despite challenges
As an industry which relies on large scale investments to fund long-term projects, the construction sector is by nature, a business that relies on confidence, precision, and quality. One of the sector’s leading the charge on these fronts is Hayleys Fentons. Since its establishment in 1921 and acquisition, followed by the recent rebranding under the […]
Energy transition: Renewables in India’s electric future
Will their intermittency condemn renewable energy sources to the margins in the Indian electricity mix? India today is witnessing an energy trajectory that straddles multiple imperatives: Sustainability, energy access for 1.35 billion people and energy self-sufficiency while establishing and sustaining viable economic growth. In response, the economy has embraced renewable energy at a scale and […]
What it takes to power the Middle East’s renewables revolution
The UAE’s comprehensive approach to hitting ambitious sustainability and renewable energy targets over the next 50 years is a blueprint for other responsible countriesThe Paris climate agreement was a watershed moment for many reasons. It caused a tidal wave of change, sending ripples through governments, policy makers and thought leaders as they have pledged to […]
3 Predictions for US Renewables and Storage Markets in 2025
It’s easy to lose sight of the extraordinary progress being made with renewables and energy storage, the author writes. With increasing climate change impacts and decades of power infrastructure neglect, we can lose sight of the extraordinary progress we are making with renewables and energy storage to build a clean energy future, healthier planet and more efficient […]
Going 100% Green Will Pay For Itself in Seven Years, Study Finds
A Stanford University professor whose research helped underpin the U.S. Democrats’ Green New Deal says phasing out fossil fuels and running the entire world on clean energy would pay for itself in under seven years. It would cost $73 trillion to revamp power grids, transportation, manufacturing and other systems to run on wind, solar and […]