Last week marked a significant milestone in the financial sector’s ever-increasing rejection of coal, as the world’s largest fund manager BlackRock, with more than US$6.5 trillion assets under managemeNt, announced it would drop thermal coal from its actively managed portfolios.
India identifies offshore wind energy potential of 70,000 MW along Gujarat, TN coasts.
India has an estimated offshore wind energy potential to generate around 70,000 Megawatt (Mw) power, most of that identified in coastal Gujarat and Tamil Nadu, according to the ministry of new and renewable energy (MNRE).
Europe on track for decade-topping 16.7 GW of new solar this year.
Trade body SolarPower Europe’s preliminary statistics suggest this could be the continent’s best year for PV since 2010, with capacity additions set to soar 104% year on year. Spain is leading the way with an expected 4.7 GW of new solar, followed by Germany, with 4 GW.
Poultry Power: North Carolina Utilities Using Turkey Waste to Generate Electricity
The Carolina Poultry Power facility in Farmville generates 2 megawatts (MW) of power and 75,000 tons of steam per hour – using more than 230 tons of turkey waste a day. Carolina Poultry Power is 100% owned and operated by the Power Resource Group.
The EU’s big goals for offshore wind are achievable – with the right grid investments and spatial planning.
The EU Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in electricity grids and Governments take the right approach to maritime spatial planning.
Energy transition is only part of the change in electricity.
Electricity is at the heart of the energy policy debate. Some see it as the leading edge of the energy transition, with a dramatic expansion of solar and wind power. To others, it is the source of the biggest remaining problem — coal, which still dominates in most of the world’s largest and growing economies.
How do we end ocean plastic pollution? Go to the source of the problem – dirty rivers
A Dutch foundation devoted to fighting plastic pollution in the world's oceans on Saturday unveiled a new device designed to stop it from reaching the sea in the first place: by collecting and cleaning plastic waste from major rivers.
Siemens Gamesa doubles 2019 profits but cuts forecast and jobs.
Siemens Gamesa Renewable Energy SA (BME:SGRE) said Tuesday it doubled its net profit to EUR 140 million (USD 155.7m) in the fiscal year through September 2019 but announced glum short-term prospects and layoffs across its global team.
Offshore Wind Industry To Increase 15-Fold & Become $1 Trillion Industry, Says IEAOffshore Wind Industry To Increase 15-Fold & Become $1 Trillion Industry, Says IEA.
The global offshore wind industry is expected to grow by as much as 15-fold and attract a cumulative investment of $1 trillion by 2040, according to a new report published by the International Energy Agency (IEA),
Google signs up to $2bn wind and solar investment.
Google’s chief executive has revealed plans for the biggest renewable energy deal in corporate history. Sundar Pichai said the clean energy deal will include 18 separate agreements to supply Google with electricity from wind and solar projects across the world.
Here’s why JPMorgan and Goldman Sachs say 2019 is the year climate change is at the top of investors’ minds.
In July, Goldman Sachs formed a Sustainable Finance Group, a much-hailed project that CEO David Solomon in a letter called a “significant, long-term” priority that is increasingly a “strategic growth opportunity and competitive necessity for our firm and our clients.”
Revealed: the 20 firms behind a third of all carbon emissions
The Guardian today reveals the 20 fossil fuel companies whose relentless exploitation of the world’s oil, gas and coal reserves can be directly linked to more than one-third of all greenhouse gas emissions in the modern era.
Japanese carmaker Honda (TYO:7267) will be buying 320 MW of wind and solar power for its North American manufacturing operations.
The company said on Monday it has signed two virtual power purchase agreements (VPPAs) with German energy group E.on SE (FRA:EOAN) for electricity from a wind park in Oklahoma and a solar photovoltaic (PV) farm in Texas.
Banks of solar panels would be able to replace every electricity-producing dam in the US using just 13% of the space, according to a new study.
The researchers say this “surprisingly modest” figure provides a “tantalising” vision of what could be achieved if the nation phased out a power source that, while renewable, takes a significant toll on ecosystems.
A manure-to-energy deal brought to market by Goldman Sachs Group Inc. is hitting the fan.
Arizona’s Pinal County and its more than 300,000 cattle seemed like the perfect place to profit from the estimated 82 pounds of waste produced by a 1,000-pound cow each day -- all while creating an environmentally beneficial fuel source
In a world first, a railway line in Hampshire will be powered by a solar energy.
The Network rail’s Wessex route is now powered by 135 solar panels. The 30 kilowatt pilot will feed into the network power supply near Aldershot and is believed to pave the way for solar-powered trains.
Australian solar could power Singapore within a decade.
When the 720 km power cable from Norway to the UK made landfall two years ago it was hailed as the longest in the world. Now a Singaporean renewable energy company has plans for an undersea power line five times longer.
MADRID (Reuters) - Spanish authorities fear that a speculative rush threatens to hold back the development of renewable energy, saying coveted rights to connect to the national power grid are being secured with the sole aim of selling them on for a profit.
Schroders and BlueOrchard Finance Limited (“BlueOrchard”) have announced that they have entered into an agreement under which Schroders will acquire a majority stake in leading impact investor BlueOrchard.