Bill

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…

Wind Turbine

Global Wind Turbine Order Intake Breaks Record in Q2

Strong activity in China pushed global wind turbine order intake to a new record of 43GW in quarter two of 2022 and up 36% from year-ago levels. This equates to…

Carbon Emissions

Swiss Could Hit CO2 Target With $156 Billion Package-Study

Switzerland could hit the target of halving carbon emissions by 2030 via a package of measures that would cost around 150 billion Swiss francs

Carbon Emissions

U.S. Farm Agency to Triple Investment in Climate-Friendly Farming

The U.S. Department of Agriculture will invest nearly $3 billion in projects to reduce climate-harming emissions from farming and forestry, tripling the funding…

Solar Materials

Jinkosolar Signs Two Polysilicon Supply Contracts in a Month Totalling Nearly Us$30 Billion

JinkoSolar has signed a major polysilicon supply contract worth more than RMB103.3 billion (US$14.9 billion).

Hydrogen Project

Billionaire Forrest Launches 9GW Renewables-Fuelled Hydrogen Megaproject in Egypt

North African nation is on track to 'global powerhouse' for generation of green fuels, says Fortescue Future Industries chief at meeting with Egyptian president…

Energy Transition

Egypt Climate Champion Calls for New Metric on Climate Finance

Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…

Electric Car

Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects

U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…

Oil Price

What Will Be Inside UK’s Energy Bill Package for Households and Businesses?

Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week

Natural Gas

Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture

Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…

Energy Transition

Transport Group CMA CGM Launches $1.5 Bln Energy Fund

French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…

Oil Price

Will Germany Introduce a Windfall Tax on Energy Firms?

As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…

Smart Grid

$10.5 billion programme for US grid upgrades launched

The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid…

Smart Meter

EDF Looks to Pay as You Go Meters amid British Billing Crisis

Electric utility company Électricité de France (EDF) has announced support packages for British consumers, one of which involves using smart prepayment meters…

Nuclear Reactor

South Korea’s SK invests $250m in Bill Gates’ TerraPower

The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia