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Global Wind and Solar Growth on Track to Meet Climate Targets
Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030.
Oil Price
Oil Rises on Supply Tightness Despite "Constructive" Ukraine-Russia Talks
Oil prices climbed on Wednesday on hopes of progress in peace talks between Russia and Ukraine and providing a fresh reminder supply remains tight as data showe…
Wind Turbine
Green Power Generation in Germany Rises Almost 25% in Q1
The generation of renewable electricity in Germany grew by nearly 25% to about 74.5 billion kWh in the first quarter of 2022 driven mainly by favourable weather…
Philippines
ACEN, CleanTech Form JV for 133MW Solar Farm in the Philippines
ACEN and CleanTech formed a joint venture company for the development and operation of a 133-megawatt solar farm and transmission project in Cagayan province.
United Kingdom
Macquarie to Purchase Controlling Stake in UK Gas Grid
Australian mining company Macquarie has agreed a deal to purchase control of the UK’s gas infrastructure for £4.2bn ($5.5bn).
Oil Price
Bank of England: ‘Historic’ Energy Shock Bigger than Any Year in the 1970s
Bank of England Governor Andrew Bailey has warned the shock to inflated-adjusted incomes in Britain as a result of rising energy prices will be larger than any …
Azerbaijan
Masdar Breaks Ground for 230MW Solar Project in Azerbaijan
United Arab Emirates-based energy firm Masdar held a groundbreaking ceremony for the construction of the 230-megawatt (MW) solar plant project in Azerbaijan.
Energy Transition
Fueling a Cleaner Future with a Hydrogen-First Economy
Today, hydrogen is experiencing unprecedented demand. Its potential to become a key facilitator of a global transition to a net-zero emission economy, and provi…
Smart City
Over 115 Million Smart Buildings to Deploy by 2026
A new study from Juniper Research has found that the number of buildings globally deploying smart building technologies will reach 115 million in 2026, from 45 …
Nuclear Fusion
World-First: HB11 Energy Demonstrates Nuclear Fusion Using a Laser
Australia's first fusion energy company HB11 Energy has demonstrated a world-first 'material' number of fusion reactions by a private company.
Wind Farm
Ørsted Sells 50% Stake in 1.3GW Hornsea 2 Wind Farm
Ørsted has signed an agreement to divest a 50% ownership stake in the UK’s 1.3GW Hornsea 2 Offshore Wind Farm to a consortium comprising AXA IM Alts and Créd…
Nuclear Power Plant
Kenya Selects Two Sites for Nuclear Power Production
The government in Kenya has picked Kilifi and Kwale as the two sites best suited for their nuclear energy production ambitions.
Rooftop PV System
SP Group in Tie-Up to Develop Rooftop Solar Projects Across Vietnam
Utility group SP Group is partnering CJ OliveNetworks Vina Co (CJ ONS) to develop up to 50 megawatt-peak (MWp) worth of rooftop solar projects in Vietnam in the…
Smart Meter
SparkMeter to Grow Advanced Metering Solution in Emerging Markets
SparkMeter has raised $10 million led by Accurant International and including existing investors Breakthrough Energy Ventures and Clean Energy Ventures.
Will Turning down Europe’s Thermostats Ease the Gas Supply Crisis?
To counter the extremely high gas prices caused by the Russia-Ukraine crisis the IEA has proposed turning thermostats down in households to use less gas.
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