Energy

Net Zero Emission

U.S., Japan and Partners Mobilise $20 Bln to Move Indonesia Away From Coal Power

A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak em…

Net Zero Emission

Mexico Vows to Double Renewable Energy Capacity by 2030

Mexico has pledged to deploy a further 30 gigawatts in renewable energy capacity by 2030, the nation's Foreign Ministry said in a statement on Monday.

Carlyle Launches European Clean Energy Developer: ‘We Would Rather Build’

Private equity firm Carlyle Group Inc has formed a unit to build solar and other renewable energy plants as part of a push into creating infrastructure to addre…

Hydropower Plant

Comment: Hydropower Is the ‘Forgotten Giant’ of the Energy Transition

Eddie Rich, CEO of the International Hydropower Association and Pascal Radue, CEO of General Electric Hydro Solutions, explain why the often-overlooked hydropow…

Electric Car

EV Makers Burning Cash Due to Sky-High Raw Material and Production Costs

Many EV start-ups recorded huge losses in September quarter and warn high costs are here to stay due to surging inflation and global supply chain crisis.

Coal-Fired Power Plants

South Africa’s Energy Crisis May Last for Years

South Africa’s recent focus on coal-powered generation has led to a collapse of the country’s renewable energy manufacturers and power providers, and the curr…

Electric Vehicle Battery

The Move Toward More Sustainable Batteries

Batteries presently play a major role in the energy transition and could even be the key to kickstarting the decarbonization of several industries, including th…

Smart Grid

EIT Innoenergy and Redeia Enterprises Close Three Smart Grid Projects

Together with EIT Innoenergy, Red Eléctrica and Elewit – Redeia enterprises – have closed three grid projects as part of the Grid2030 programme, aiming to de…

Net Zero Emission

COP27: India Lays Out Plan for Long-Term Decarbonization

India will prioritize a phased transition to cleaner fuels and slashing household consumption to achieve net zero emissions by 2070.

Namibia

Namibia’s First Green Hydrogen Power Plant Finds Finance

Hydrogène de France (HDF) Energy has partnered with European Investment Bank partner to implement Namibia’s first green hydrogen power plant.

Natural Gas

‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says

The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.

Electric Car

UK Unveils First Large-Scale Lithium Refinery to Boost EV Supply Chain

The UK’s first large-scale merchant lithium refinery has been announced, providing battery grade materials to bolster the electric vehicle (EV), renewable ener…

Net Zero Emission

Alliance Launches to Accelerate Green Infrastructure Finance in Africa

The African Union, the African Development Bank and Africa50 together with several global partners launched a multi-billion alliance for green infrastructure. …

Hydrogen Production

COP27: US and Ukraine in Deal for SMRs to Produce Hydrogen and Ammonia

US Special Presidential Envoy for Climate, John Kerry, and Ukraine Minister of Energy, German Galushchenko, announced at COP27 in Egypt a Ukraine Clean Fuels fr…

Floating Offshore Wind

The ‘World’s Largest Floating Wind Farm’ Produces Its First Power

Norwegian energy firm Equinor said power production from Hywind Tampen’s first wind turbine took place on Sunday afternoon.