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Shell Completes Acquisition of Renewable Platform Sprng Energy Group
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited, and with …
Carbon Emissions
Climate Change Compensation Fight Brews Ahead of COP27 Summit
Tensions are mounting ahead of this year's U.N. climate summit, as vulnerable countries ramp up demands for rich countries to pay compensation for losses inflic…
Hydrogen Production
Big Names Including Amazon, Honeywell, Mitsubishi Line Up Behind Green Hydrogen
Even as the overall VC market slows during the second half of 2022, investments in climate tech — particularly technologies that could enable green hydrogen to…
LNG
Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited expor…
Carbon Emissions
Amazon’s CO2 Emissions Grew 18% In 2021
The retail giant has admitted that there are “big challenges” ahead as it races to reach its 2040 net zero target
Energy Storage Project
Foresight Acquires 50% Stake in UK Battery Project
Clayfords Energy Storage Limited holds the development rights to 50MW lithium-ion storage plant in Scotland
LNG
Australia May Limit LNG Exports Amid Domestic Gas Shortage
Australia is again facing a domestic gas shortage because of excessive exports, and the Australian Competition and Consumer Commission is warning that the gover…
United Kingdom
Space-Based Solar Power Gets £3M UK Boost
The UK government has committed £3 million (US$2.5 million) for new innovations to advance space-based solar power projects.
Coal-Fired Power Plants
UK Relaxes Permitting Conditions for Coal-Fired Power Plants This Winter
It will cover the period from 1st October 2022 to 31st March 2023 to address energy security issues if they arise, ‘whilst aiming to limit unnecessary pollutio…
Iran
Iran Says Proposed Ideas Submitted to Accelerate Nuclear Talks
Iran has submitted proposed ideas in "both substance and form" to the other sides of the Vienna talks on reviving the 2015 nuclear deal, to pave the way for the…
Hydropower Plant
Experts Say Hydropower Needs to Double by 2050 to Meet Climate Goals
Global installed hydropower capacity rose by 26 GW in 2021 to 1,360 GW, but that’s far short of the progress needed to achieve the world’s climate change miti…
Energy Transition
Siemens Gamesa’s Top S&P Global Ratings ESG Evaluation Showcases Its Commitment to Energy Transition
The company, the only wind turbine manufacturer to receive this evaluation from S&P, achieved a score of 83/100 and is ranked #2 in Spain and #12 worldwide.
Europe Needs Faster Renewables Growth Rate to Reach Climate Goals
Wind and solar energy deployment in the European Union is not proceeding fast enough to meet global climate goals due to a slow permitting process, a report by …
Energy Storage Project
Canadian Solar Announces Transaction With Gresham House
Canadian Solar has announced that it has completed the sale of two fully-permitted solar and battery energy storage projects in the UK to specialist alternative…
Colombia
Colombia Establishes New Regulations on Geothermal Exploration and Exploitation
The new regulation defines the permitting process for geothermal projects in Colombia and establishes a geothermal registry for the details and terms of the pro…
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