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Business

Eni divides oil and gas and green energy projects in new finance plan

The aim of the move is to attract more investment by allowing both fossil fuel and renewable energy investors to invest solely in their preferred projects, without any crossover of funds.

Green News

Renewables covered 95% of Portugal’s power needs last month

Portugal has made huge progress in renewable power, up from 27 per cent in 2005 and 54 per cent in 2017.

Climate

Less than 25% of the EU’s electricity came from fossil fuels in April

The drop in fossil fuel generation was driven by wind and solar growth as well as the recovery of hydropower.

Eco-Innovation

Iceland: See inside the world’s biggest plant sucking CO2 from the air

Climeworks is harnessing Iceland’s geothermal power, while gearing up for megatonne capacity around the world.

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Business

Munich Re stock rises as company cheers investors with latest earnings

A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re's latest financial results.

Green News

World passes 30% renewables milestone for the first time

A decline in fossil fuel power is now ‘inevitable’, the report's authors say.

Eco-Innovation

‘Game changers’: Battery costs drop by 90% in 15 years

To hit our 2030 energy goals, global storage capacity needs to increase sixfold. Batteries will do most of the heavy lifting.

Green News

How Europe’s energy crisis is feeding the election campaign

The transition from fossil fuels to renewable energy was already a central pillar of the European Green Deal before a belligerent Moscow triggered an energy crisis; now the question of how best to ensure secure, affordable energy is dividing political camps as EU citizens head to the polls in June.

Green News

Biden announces billions of dollars in grants for rooftop solar

Biden announced €6.6 billion in grants that can be used for investments such as rooftop solar and community solar gardens

Green News

Two countries in Europe are powered by 100% renewable energy

Seven countries now generate 100 per cent of their electricity from renewable energy - two are in Europe.

Green News

23 member states sign Solar Charter, vow to tackle unfair competition

Leaders pledge extended support with new European Solar Charter to back European EU photovoltaic manufacturing.

Business

UAE state oil company has BP in sights as potential takeover target

Adnoc’s takeover bid for BP is the latest in a string of acquisition bids for energy companies, such as ExxonMobil's agreement to purchase Hess Corporation.

Europe News

EU to probe Chinese wind turbine subsidies

The European Commission has announced an inquiry into suspected illegal subsides for Chinese wind turbine producers, amid fears the domestic industry could be decimated by cheap imports.

Green News

Commission clears €1bn Greek aid for renewables

EU executive approved Greek financial support for two key projects predicted to boost renewables production.

Green News

Slovakia has just shut down its last coal power plant

Slovakia originally slated its coal phaseout for 2030 but has now expedited this to mid-2024.

Green News

Building wind and solar energy projects is getting harder - here’s why

Sprakebuell is something of a model village for the energy transition - with an above-average number of electric cars, a community wind farm and renewable heat from biogas.

Green News

Manchester City wants to be football’s biggest renewables generator

The panels will generate up to 4.39 MWh of energy every year - enough energy to power more than 2,000 homes.

Eco-Innovation

Solar batteries are crucial in avoiding blackouts during heatwaves

Batteries come into their own when air conditioner usage cranks up during heatwaves.

Green News

Good news: Germany is on track to reach 2030 emissions target

Germany is leading the way in Europe on the road to a greener future.

Eco-Innovation

This French town is building a solar canopy over its cemetery

Residents in Saint-Joachim can join this unusual community energy scheme for just €5.

Renewable energy is energy generated from natural sources that are constantly replenished, such as sunlight, wind, water, and geothermal heat.