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Hydrogen Project

EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development

The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a…

Hydrogen Production

South Korean Firms to Set up Green Energy Hub in Australia

Three major South Korean groups said on Wednesday they hope to build a green energy export hub in Australia's Queensland state, aiming to produce a million tonn…

Natural Gas

Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln

Germany confirms nationalisation of gas importer Uniper.

Carbon Pricing

Britain’s Drax Signs Deal to Sell 2 Million U.S. Carbon Removal Credits

British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International

Net Zero Emission

GM Backs Setting Tough U.S. Emissions Targets for 2030

General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-e…

Natural Gas

Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project

Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…

Natural Gas

Hungary Warns Against Further EU Sanctions on Russia

Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.

Energy Transition

UN Secretary-General Calls for a Fossil Fuels Intervention

The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…

Coal-Fired Power Plants

TerraPraxis and Microsoft Partner to Decarbonise Coal Plants

Non-profit sustainability group TerraPraxis will partner with Microsoft to deliver a digital solution to support the repurposing of over 2,400 coal-fired power …

Solar Cell

Naturgy Builds 683 MW of Wind and Solar Power in Spain

The company currently has 20 wind farms and photovoltaic projects under construction and will start work on another 9 facilities in the coming weeks, with a tot…

Wind Power Project

Vestas Receives Order for 104 MW of Wind Power in Spain

Vestas has received an order for 104 MW for the Pinta y Guindalera wind farm, which will be located in Valladolid, Castilla y León, Spain.

Net Zero Emission

Global Climate Goals Threatened by Lack of Clean Tech Collaboration – IEA

Global efforts to reduce emissions and curb rising temperatures are threatened by a lack of collaboration between countries in sharing and developing new techno…

Net Zero Emission

Dubai Reduced Carbon Emissions by 21% In 2021

Emirate has increased proportion of solar energy and enhanced operational efficiency in factories and facilities

Net Zero Emission

Net Zero Investor Group Members Set More Short-Term Emissions Targets

The Net Zero Asset Owner Alliance (NZAOA) said on Tuesday that nearly two thirds of its members had set short-term goals to cut portfolio emissions in line with…

Natural Gas

Germany’s Natural Gas Storage Will Last for Two and a Half Months

Gas storage sites in Germany, now nearly 90% full, will be empty after the winter, German Economy Minister Robert Habeck said on Monday.