A provisional agreement to increase the proportion of renewables in the energy mix of the European Union was reached on Thursday by negotiators from the EU’s parliament and countries in the EU. This is another step in the EU’s green transition. The agreement reached after late-night negotiations, according to the European Council, which represents the […]
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The U.S. Energy Information Administration announced that in the United States, renewable energy-generated electricity will surpass coal for the first time in 2022. After first surpassing nuclear generation last year, renewables also did so in 2022. The expansion of wind and solar power significantly fueled the expansion of renewable energy and contributed 14% of the […]
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According to the National Infrastructure Commission (NIC), despite Russia’s invasion of Ukraine highlighting the need to reduce reliance on gas for home heating, ministers have made negligible progress in improving the energy efficiency of UK homes. Despite the need for increased investment to meet the UK’s economic and climate goals, the annual report of the […]
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Ukraine will participate in the European Union’s joint purchasing platform for gas. Ukrinform reports that European Commissioner for Energy Kadri Simson made this statement during a meeting of the Committee on Industry, Research, and Energy (ITRE) of the European Parliament on Thursday, March 9, 2023. They have included Ukraine in the gas joint purchasing platform […]
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In order to advance the development of nuclear and renewable energy sources, the United Kingdom and France have collaborated. As part of the collaboration agreement, the nations will collaborate to advance nuclear and renewable energy sources. In such a volatile energy landscape, this will help accelerate the transition away from environmentally harmful fossil fuels and […]
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According to a government order, renewable energy companies in India will be blacklisted for three to five years if they fail to complete project deadlines. According to the order that was issued by the new and renewable energy ministry, the developer should be blacklisted and the bank guarantee of any renewable energy project should be […]
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Two people who are aware of the development stated that Aditya Birla Group has hired Standard Chartered to sell up to a 49 percent stake in the group’s renewable energy business in order to raise approximately $400 million. The conglomerate wants to strengthen its position in India’s rapidly expanding clean energy sector. Aditya Birla Renewables […]
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Through its Asia Energy Transition Fund (SAETF), the Swiss investment firm SUSI Partners has launched a renewable energy platform to develop renewable energy assets in Southeast Asia. The development, construction, and operation of utility-scale solar photovoltaic (PV), wind, and hydroelectric assets will be the primary focus of the platform. In collaboration with Pacific Impact, a […]
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In light of tough market conditions, Shell announced that it is considering closing its home energy retail businesses in the United Kingdom, the Netherlands, and Germany. Over the past year, governments’ efforts to protect consumers from rising bills and skyrocketing wholesale prices have been a challenge for European energy providers. Shell stated that it had […]
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Despite the industry warnings that the reforms could stifle investment in wind and solar farms, European Union energy commissioner Kadri Simson stated that Brussels plans to overhaul the bloc’s electricity market to prioritize cheaper renewable power. According to Kadri Simson, the European Commission is working under extraordinary conditions and delivering faster than the European Commission […]
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