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Renewable
Israel
Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects
Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investmen…
Clean Energy Industries Form Alliance at COP27
Global industry organisations representing wind, solar, hydropower, green hydrogen, long duration energy storage (LDES) and geothermal energy industries have of…
EIB Approves €4bn in Clean Energy Investment
The Board of Directors of the European Investment Bank (EIB) have approved €4 billion ($4.2 billion) in clean energy investment to upgrade energy networks, enh…
Jordan
Masdar to Develop 2GW Renewables in Jordan
Jordan seeks to increase its share of renewable energy to 50% by 2030.
Energy Storage System
Australia’s Largest-Ever 1,200MW Battery Storage System to Be Built in Melbourne
Construction for the largest Battery Energy Storage System (BESS) ever deployed in the Asia-Pacific will begin in Melbourne, eventually supporting up to 1,200MW…
Energy Transition
The Energy Transition Will Fail Unless Industry Fixes Wind Power Issues, Siemens Energy CEO Says
Siemens Energy says its “overall performance” has been “held back by the negative development at Siemens Gamesa Renewable Energy,” a wind turbine manufactur…
Net Zero Emission
COWI to Support Equinor’s Energy Transition
To fulfil the Paris Agreement and become carbon-neutral by 2050, the world has started a decisive global transition to low carbon and renewable energy, with off…
Global Commission Formed to Accelerate Approvals of Renewables, Green Hydrogen
It is expected to present its recommendations to the UN General Assembly in September 2023.
EU
COP27: EU and Egypt Unite Behind Green Hydrogen and a Just Transition
The EU and Egypt have signed a cooperation agreement to develop renewable hydrogen and prepare the groundwork for a just transition in Egypt.
Solar Materials
51% Of Global Jinkosolar Facilities Powered by Clean Energy
Chinese solar module manufacturer JinkoSolar says it aims to have 60% of its global facilities powered by clean renewable energy by end of 2023.
Energy Transition
Hydrogen Overuse Could Hamper Renewable Energy Transition, Irena Says
Consumption of hydrogen by G7 countries will grow between 'four and seven times' by 2050.
Net Zero Emission
GE and IRENA Sign Collaborative Agreement at COP27 to Support the Global Climate Change Agenda
GE signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energ…
Pumped Storage
Global Pumped Hydropower to Reach 233GW in 2031
It will help resolve the intermittency of renewables.
Net Zero Emission
Mexico Vows to Double Renewable Energy Capacity by 2030
Mexico has pledged to deploy a further 30 gigawatts in renewable energy capacity by 2030, the nation's Foreign Ministry said in a statement on Monday.
Carlyle Launches European Clean Energy Developer: ‘We Would Rather Build’
Private equity firm Carlyle Group Inc has formed a unit to build solar and other renewable energy plants as part of a push into creating infrastructure to addre…
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