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Iberdrola Renewables Investment Rises

Iberdrola invested almost €8bn globally in the first nine months of 2022, an increase of 14%, with 90% of funding allocated to renewables and smart grids.

United States

Electrical Generation by US Renewables Grew by 17%

Electrical generation by wind increased by 22%, according to a report.

Energy Transition

Malaysia’s TNB to Develop 2,100MW Combined Cycle Power Plant

This is scheduled to be in operation in 2031.

Solar Cell

Nanotech Breakthrough Sets World Record for Solar Cell Efficiency

In a new Nature Nanotechnology paper, scientists say they’ve cleared 31% efficiency in solar cells.

Wind Turbine

Chinese Wind Turbines Fuel Thailand’s Green Transition

In Thailand’s northeastern Chaiyaphum province, several 120-meter-high wind turbines tower over picturesque hills while delivering clean energy into the local …

Nuclear Power Plant

New Slovak Nuclear Plant Moves Closer to Launch

Slovakia's new 471 megawatt (MW) Mochovce Unit 3 nuclear power plant over the weekend took another step towards being ready to launch in early 2023, reaching a …

Net Zero Emission

U.S. Groups Urge Kerry to Back Climate Compensation Fund

Over 100 U.S. environmental groups on Monday urged top U.S. climate diplomat John Kerry to support the creation of a fund that would compensate countries that h…

Nuclear Fusion

Tokamak Energy Achieves Triple Product With ST40 Spherical Tokamak

UK-based private fusion energy developer Tokamak Energy has announced that its ST40 spherical tokamak has achieved a triple product result of 6×1018 keV.s.m-3.…

Oil Price

Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins

Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling…

Paris Climate Agreement

‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’

The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.

Dewa Appoints Companies to Consult on Hassyan Desalination Plant

Consulting companies on the 120m gallons per day plant include Deloitte, WSP and Addleshaw Goddard.

Electric Car

Vehicle Manufacturers to Double Spending on EVs, Batteries to $1.2 Trillion by 2030

Car makers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production.

Brazil

Wind Power Will Quadruple in Brazil by the End of the Decade

The 13th edition of Brazil Windpower, the main congress and fair in Latin America on wind energy, promoted this morning the panel “Production chain and its inp…

Electricity Transmission

EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …

Wind Turbine

Siemens Gamesa Seals Deal to Supply Finland With 105 MW of Wind Power

Siemens Gamesa selected by Energiequelle for first wind farm together in Finland.