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Energy Transition
Coal
Indonesia, ADB Launch First Coal Power Plant Retirement Deal
Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and prematurely retire a coal-fired power plant, the first such proje
Coal
The $15 Billion Plan to Curtail Indonesia’s Coal Industry
The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l
Climate Change
New Action Plan Comes Into the Limelight to Accelerate Decarbonisation
With COP27 in full swing, governments have set out an action plan to make clean technologies cheaper and more accessible in a bid to scale up decarbonisation ef
Energy Economy
Global Investment Firm KKR Invests $400m in India’s Serentica Renewables
Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.
Energy Economy
IRENA’s Energy Transition Platform Bags $1b Investments
The platform aims to ramp up funding for renewable projects in developing countries.
Energy Economy
Brookfield Bets $11.8 Billion on Australia’s Energy Transition
Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way
Energy Economy
AIIB, GEAPP to Invest $1b for Energy Transition Projects
They will identify co-financing opportunities in both the public and private sectors.
Energy Economy
Show Us the Money: Developing World at COP27 Seeks Financing Details
Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back
Energy Economy
Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25
Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year
Climate Change
Panama, Uruguay, and Norway Join Clean Energy Marine Hubs Initiative at COP27
The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzin
Climate Change
Global Climate Pledges Lack Renewables Ambition Warns IRENA
Despite the Glasgow Climate Pact to upgrade 2030 targets in national pledges, the collective level of energy transition ambition to date is not enough.
Climate Change
South Africa Says It Needs $84 Billion for Energy Transition in Next Five Years
South Africa needs about 1.5 trillion rand ($84 billion) over the next five years for its plans to cut carbon emissions, harness economic opportunities from the
Energy Economy
British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal
Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of
Energy Economy
ACWA Power, EBRD Sign Sustainable Infrastructure Financing Deal
Focus countries are Uzbekistan, Azerbaijan, and Egypt.
Climate Change
IRENA Rolls out Indonesian Energy Transition Roadmap
As climate concerns mount, and the world looks to gather in Egypt at COP27 in early November to deliver a collective response to the crisis.
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Suggestions of the Central Committee of the Communist Party of China on Formulating the 15th Five-Year Plan for National Economic and Social Development
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Siemens Gamesa’s Top S&P Global Ratings ESG Evaluation Showcases Its Commitment to Energy Transition
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Philippines' AC Energy to Fully Divest Coal Assets by 2030