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Germany To Provide 15 Billion-Euro Credit Line To Fill Gas Storage
Germany will provide an additional 15 billion euros in credit lines for the purchase of gas to replenish storage facilities.
Ireland
Ireland’s Energy Poverty Breaks New Record
The number of fuel poor households surpassed that recorded 28 years ago, according to a report.
Wind Farm
GE Acquires Minority Stake in 148MW Onshore Wind Farm in India
GE Renewable Energy has acquired a 49% stake in the Indian independent power producer Continuum Green Energy’s 148.5MW Morjar onshore wind project in Gujarat, …
EU
EU and Egypt Boost Co-Operation on Climate, Energy and Green Transition
They will join efforts to implement the Paris Agreement and ensure ambitious outcomes at COP27, which is taking place in Sharm El-Sheikh this November
Non-hydropower to Grow 230GW Annually From 2020 to 2024
Asia will be the key growth driver, accounting for 55% global generation growth.
Energy Transition
South Africa: Planning for Life After Coal While Exploring the Ideal Energy Mix
Unpacking the ideal energy mix for one of Africa’s leading economies, was a hot topic in several conversations at the recent Enlit Africa conference.
Wind Turbine
End-Of-Life Plan Needed for Tens of Thousands of Wind Turbine Blades
A new study led by The University of South Australia indicates tens of thousands of wind turbine blades will end up in landfill by the end of the decade unless …
EU
Europe Needs 14GW/Year of Energy Storage – Ease
The European Association for Storage of Energy (EASE) assesses Europe’s storage needs around 200GW by 2030 and 600GW by 2050.
Carbon Emissions
Australia Increases Emission Reduction Target to 43 per Cent by 2030
The Federal Government has submitted a new 2030 Nationally Determined Contribution (NDC) under the Paris Agreement to increase the national emission reduction t…
BP Buys 40.5% Stake in Asian Renewable Energy Hub
The multi-billion dollar investment at Pilbara, western Australia, will produce around 1.6mn tonnes of green hydrogen at full capacity.
Wind Power Project
Ørsted’s First Scottish Wind Project Generates First Power
Ørsted’s first Scottish wind project, Kennoxhead, generates first power.
United States
U.S. Sustainable Funds Mark Rare Outflow in May
Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc said on Thursda…
Oil Price
Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall
Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou…
Coal-Fired Power Plants
Australian Power Crisis Eases as Coal-Fired Plants Crank Up
Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but…
Wind Farm
Vattenfall Offshore Wind Farm Will Use Recyclable Wind Turbine Blades
The Hollandse Kust Zuid offshore wind farm in the Netherlands will use a new type of wind turbine blades that can be recycled. The blades are made with a new ty…
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