Energy

Denmark

Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion

Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing inte…

Energy Investment

Canadian Banks Slammed for Continued Fossil Fuel Investments

Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.

Hydrogen Production

ACWA Power, PTT, and EGAT Support Thailand Through Use of Green Hydrogen

ACWA Power, PTT, and EGAT have signed a landmark MoU with a view to embarking on green hydrogen and derivatives projects that meet the Southeast Asia country’s…

Energy Storage Battery

Rolls-Royce to Supply 30MW Battery Solution to Balance Dutch Grid

A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow…

Energy Saving

UK Government Unveils £1bn ECO+ Energy Efficiency Scheme

It will extend support to those who currently do not benefit from any other government support to upgrade their homes, targeting the least energy efficient home…

Italy

Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows

Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…

Offshore Wind Power

China Expected to Be Part of Historic Offshore Wind Power Development

As climate change and energy issues are becoming more of a challenge, the offshore wind power industry has ushered in historic development opportunities.

China

China’s Solar and Wind Power Capacity Continues to Expand

China’s installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country’s pursuit of green development.…

Energy Transition

COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say

Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…

Japan

BOJ to Conduct Annual Survey on Climate Finance to Nurture ESG Market

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, se…

Solar Technology

EU Continues to Be at the Forefront of Clean Energy Research

The rapid development and deployment of home-grown clean energy technologies in the EU is key to the response to the current energy crisis, the European Commiss…

Eni and EDF Using Quantum Computing to Make Sustainability Gains

Quantum computing in the energy sector is gaining ground with the development of new use cases by Italy’s Eni and EDF in France.

Hydropower Plant

Two Major UK Renewable Energy Projects Delayed Due to Red Tape

Britain’s economy has been affected by Russia’s curtailment of gas exports

Solar Cell

'Simple' Tweak to Perovskite Solar Cells Could Boost Renewable Energy Generation

A 'simple' tweak to perovskite solar cells during the fabrication stage could help to unlock the untold potential of the renewable energy source, claims researc…

Hydrogen Production

Green Hydrogen Is Not a Silver Bullet Solution

In the United States, the Department of Energy is doling out billions of dollars in federal funding to create up to 10 “hydrogen hubs”.