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China
China Unveils Boost for 2021 Renewable Subsidies, Solar Wins Biggest Share
China’s Ministry of Finance has revealed subsidies for renewable energy in the country will increase by nearly 5% next year.
Carbon Neutral
Italy's Snam Sets 2040 Carbon Target in Cean Energy Drive
Italian gas group Snam aims to be carbon neutral by 2040 and will increase spending to get its network ready for hydrogen and the transition to cleaner energy s…
Coal Production
As More Countries Pledge Zero Emissions, Coal Finance Evaporates
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world.
Clean Energy Transition
UK Aims to Increase Renewable Energy Capacity by 12GW
The UK Government is planning to increase renewable energy capacity to 12GW in the fourth round of the Contracts for Difference scheme, which will open next yea…
Oil & Gas Trade
Azerbaijan Boosts Natural Gas Production, Export in Jan-Oct 2020
Azerbaijan increased gas production and export while reducing oil production and export in January-October 2020.
Net Zero Emission
IRENA and GWEC Join Forces to Boost Global Renewables Adoption
The International Renewable Energy Agency and the Global Wind Energy Council have signed a cooperation agreement to join efforts to increase the adoption and de…
Mexico
China's SPIC Buys Mexican Renewable Power Firm Zuma Energia
China's SPIC has completed its purchase of Mexico's largest independent renewable power company Zuma Energia, SPIC said on Thursday, furthering goals to increas…
Electric Car
South Korea’s October EV Exports, Domestic Sales Rise
South Korea's exports and domestic sales of green cars increased on the year in October, supported by a rise in demand in and outside of the northeast Asian cou…
Graphene
Graphene’s Big Moment In Energy May Have Finally Arrived
Ultrathin, incredibly strong, superconductive, cheap--and impossible to use.
Market Analysis
EU Plans to Increase Offshore Windfarm Capacity by 250%
Proposal would create 62,000 jobs and help towards carbon neutrality, says commission.
Electric Car
Germany to Extend Electric Car Subsidies to 2025
The increased bonus will now be extended beyond 2021, but lowered in two steps until 2025, the sources said. The extra bonus for hybrids could be scrapped altog…
Wind Power Company
RWE Offshore Wind Earnings up 12% in First Nine Months
RWE’s offshore wind business reported a 12% increase in earnings before interest, tax, depreciation and amortisation in the first three quarters of 2020 to €7…
Market Analysis
Renewable Energy Generation will Overtake Coal within 5 Years, Says IEA
A new report from the International Energy Agency has cast a spotlight on the incredible resilience of renewable energy growth to the emergence of the COVID19 p…
Oil Price
Azerbaijan Sees Increase in Oil Price
Azerbaijani oil price has increased on the world markets
SMR
NuScale Announces SMR Power Uprate
NuScale Power has announced a 25% increase in power output for its NuScale Power Module small modular reactor, which it says will lead to significant cost savin…
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