Latest News
Seven simple questionsHelp us improve your experience, delivering more of what you want
ESG Survey
Tag: Renewable Energy
Key Impact Points: “Clean energy and water are foundational to healthy communities and essential building blocks for a responsible business,” said Lisa Jackson, Apple’s vice president of Environment, Policy, and...
Phillips 66’s San Francisco Refinery, which for years manufactured products like gasoline and jet fuel, is now producing only renewable fuels. Long known as the company’s Rodeo Refinery, and recently...
The global wind industry installed a record 117GW of new capacity in 2023, making it the best year ever for new wind energy. Despite a turbulent political and macroeconomic environment,...
JERA Co., Inc. (“JERA”), Japan’s largest power company, announces the creation of JERA Nex Limited (“JERA Nex”), a new global renewable energy business. JERA Nex will develop, invest in, own and operate...
The world’s dependence on coal-fired power plants witnessed a surprising rise in 2023, marking the highest annual increase since 2016. This trend, highlighted in a report by Global Energy Monitor...
Australian electricity giant Origin Energy (ORG.AX) has appointed a company insider, Tony Lucas, to take the helm as its Chief Financial Officer. Lucas, currently leading Origin’s future energy and technology...
A new World Bank program is set to strengthen and expand the electricity network, improve sector financial viability, and enable renewable energy generation through private sector participation in Ethiopia. Ethiopia...
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power...
California is accelerating its transition to clean energy with a revamped 2023-2024 transmission plan proposed by the California Independent System Operator (ISO). The $6.1 billion plan prioritizes grid reliability and...
Policy responses to geopolitical developments and global commitments accelerated the deployment and use of renewable energy in 2023, especially in the power sector. The historic decision at the 2023 United...
In a groundbreaking revelation, the Rhodium Group and MIT CEEPR have unveiled the 2023 Clean Investment Monitor (CIM), a comprehensive database showcasing the transformative landscape of clean technology investments across...
Octopus Energy today launches the UK’s first heat pump and solar referral scheme to further drive the rollout of clean heating devices and help deliver net zero. Since launching to...
Investment round led by Mercuria Energy Group with participation from Ridgewood Infrastructure and supported by existing investors MN8 Energy LLC (“MN8” or “The Company”), one of the largest and most sophisticated...
Leeward Renewable Energy, a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. Through these PPAs, Microsoft will...
TenneT Holding B.V. successfully priced a dual Tranche Green Hybrid Bond of EUR 550 million with a coupon of 4.625% and a non-call period of 5.25 years and EUR 550...
Walmart recently announced significant progress in its energy transformation strategy. This initiative aims to expand access to clean energy, create positive economic and environmental outcomes, and support the company’s growth...
South Korea has pledged a significant financial commitment to tackling climate change, announcing a $313 billion green financing plan. This initiative aims to slash greenhouse gas emissions by 40% from...
Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts...
ESO publishes investment plan for future energy system: The Electricity System Operator (ESO) has published a report called “Beyond 2030”, which proposes a £58 billion investment in the electricity grid to...
RWE has taken a major step towards the realisation of its first solar farms in the UK, with seven projects, representing 330 megawatts (MW) of new, clean electricity capacity, now...
The Federal Government believes that Germany’s climate targets for 2030 are achievable. “Providing we stay on course, we are set to achieve our 2030 climate targets,” said Economics and Climate...
Manchester City has announced plans to make its training facility, the City Football Academy, one of the largest producers of renewable energy in world football. The current Premier League Champions...
Konexa, a UK-based integrated energy development and investment platform has achieved financial close on a combined USD 18 million investment from climate-centric blended finance fund manager Climate Fund Managers (CFM)...
In line with High Royal Directives, Morocco’s Head of Government Aziz Akhannouch issued a decision on Monday outlining the implementation of the “Morocco Offer” for the development of the green...
NatPower announces the development of the largest project for the construction of battery storage systems for over 60 GWh in the UK Over 10 billion GBP NatPower UK investments earmarked for...
Government announces the largest ever budget for the upcoming Contracts for Difference auction round. Britain’s flagship renewables scheme has received its biggest ever funding boost from government, with more than...
Annual Climate Report provides first insights on assessment of RBC Capital Markets’ energy client transition plans; new actions from RBC to provide capital for renewable energy and other low-carbon energy,...
JLR announced it will generate more than a quarter of its UK electricity** from new onsite and near site renewable energy projects, slashing energy bills and reducing reliance on grid...
One of the copper company’s sustainability goals is to be able to supply all of its operations only from renewable energy sources by the end of the decade, to contribute...
Hive Hydrogen South Africa has signed an agreement with Genesis Eco-Energy to implement 372MW of wind power in the Western Cape, to support the development of its Green Ammonia project...
Tanzania has activated the first turbine of its highly anticipated Julius Nyerere Hydropower Plant, marking a significant step towards doubling the country’s electricity generation capacity. Despite concerns from conservationists about...
Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned...
AIB said today it has appointed Paul Travers as Managing Director Climate Capital at the bank. The bank said the appointment will support the delivery of its three-year strategy which...
Verizon Communications Inc. issued its Green Bond Impact Report, outlining the full allocation of the nearly $1 billion of net proceeds from its fifth green bond, which was issued in May 2023....
Iberdrola España and the Asturian business group Exiom continue their steps towards the definitive opening of the photovoltaic module factory Iberdrola España and the Asturian business group Exiom continue their...
Adani Green Energy Limited (AGEL), India’s largest renewable energy (RE) company and the second largest solar PV developer in the world, has operationalized 551 MW solar capacity in Khavda, Gujarat, by supplying...
Gryphon Digital Mining Completes Second Annual Carbon Emissions Assessment Audit with Top Results Gryphon Digital Mining, Inc. is pleased to announce that it has completed two annual carbon emissions assessments with...
Amidst the dazzling lights of the Las Vegas Strip lies Allegiant Stadium, a sleek black marvel that serves as the home of the Las Vegas Raiders and a premier venue...
The Board of Directors of the European Investment Bank (EIB) today approved €3.2 billion of new financing to support clean energy, transport, corporate research and development, and business investment. “The...
EIB President Nadia Calviño announced today in Madrid that the European Investment Bank Group had signed new financing worth around €11.4 billion in Spain in 2023. This financing went to high-impact projects...
57% of the energy mix covered by photovoltaics, wind, and hydroelectric power 2023 marked a historic milestone in Greece’s clean energy production, with 57% of the energy mix being supplied by...
In a major push towards its ambitious carbon neutrality goals, Google has announced a series of power purchase agreements that secure over 700 megawatts of clean energy across Europe. This...
Amazon has signed agreement with ENGIE to procure 473MW of renewable energy from the Moray West 882 MW offshore wind farm in Scotland. It will help power its operations with...
Long-term agreement fully contracts solar farm and supports conservation commitment, advances Bloomberg’s pledge to 100 percent renewable-sourced electricity by 2025 Ørsted, a leading U.S. clean energy developer, announced the signing...
bp and Equinor announced an agreement to restructure the ownership of their joint US offshore wind projects which, following completion, will result in bp taking ownership of Equinor’s 50% stake...
CVS Health® announced two agreements that total 264,000-megawatt hours with Constellation to purchase zero-emission, renewable energy equivalent to the annual electricity use of nearly 1,000 CVS Health locations in California, Washington, D.C.,...
DHL Group has agreed a long-term electricity supply contract with RWE Supply & Trading for the purchase of around 104 gigawatt-hours of electricity from renewable sources per year from 2026,...
Alight, a leading European solar developer and independent power producer, and global fashion retailer H&M Group have signed long-term power purchase agreements (PPAs) to enable the construction of three new...
Budderfly, the premier sustainability partner for commercial businesses with repeatable footprints, today announced it has secured a $400 million senior debt facility originated by Vantage Infrastructure (“Vantage”) with the financing co-led by...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors in his capacity as its Chairman. During the...
Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer and owner of solar and energy storage assets, announced today that Recurrent Energy B.V. has secured a $500 million preferred equity...
Plenitude has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of offshore wind projects in Spain. The agreement with...
Dominating the Renewables Landscape: For four consecutive years, Amazon has held the undisputed title of the world’s largest corporate purchaser of renewable energy. This translates to a staggering portfolio of...
Key Impact Points: Iberdrola and the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management, are to double their clean energy investment alliance, adding 1,300 MW of additional renewable energy capacity to unlock...
Key Impact Points: The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the...
Key Impact Points: Plenitude, through its US subsidiary Eni New Energy US Inc., has signed an agreement with global energy leader EDP Renováveis, S.A. (“EDPR”), to purchase an 80% equity...
Key Impact Points: Shining a Spotlight on Culinary Excellence and Sustainability The City of Helsinki will be the center of the Nordic culinary world this May, as it plays host...
Key Impact Points: GreenIT, the Italian renewable energy joint venture founded in 2021 by Plenitude (Eni, 51% ownership) and CDP Equity (CDP Group, 49% ownership), has signed an agreement with...
Key Impact Points: Statkraft is planning to invest up to €6 billion (US$6.6 billion) in upgrades to its Norwegian hydro and wind power facilities and construction of new onshore wind...
Key Impact Points: Historic 12 GW agreement designed to help decarbonize the grid and diversify the global clean energy supply chain Qcells, a global leader in complete clean energy solutions...
Key Impact Points: TotalEnergies announces that Libra Consortium has taken the final investment decision to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero field...
Germany’s CO₂ emissions fell to their lowest level in 70 years in 2023. A large part of this reduction is due to an unexpectedly sharp decline in coal use. At...
Shanghai Electric announced its achievement in the energy storage business that the 100MW/100MWh REP1&2 energy storage station in the UK (“REP1&2”), also its first large-scale overseas energy storage project, has...
Adani Green Energy Limited (AGEL) announced the completion of the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in AGEL subsidiary,...
Boston Solar Named First US Partner for Energizer Solar, Pioneering Renewable Energy Solutions in the American Market In a groundbreaking move that marks a significant milestone in the renewable energy...
Renewable energies covered almost 52 percent of gross electricity consumption in 2023. This is shown by preliminary calculations by the Center for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and the...
The European Investment Bank (EIB) has committed €400 million to support a significant new investment for MYTILINEOS Energy and Metals (MYTILINEOS), which will accelerate renewable energy production across Greece and...
JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, announced that the near and long-term science-based emissions reduction targets* of its principle...
Emeren Group Ltd, a leading global solar project developer, owner, and operator, announced the successful purchase of an 86 MWp utility-scale solar project portfolio in Spain from Negratin Global Services, an industrial...
Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia...
Yingli Energy Development Co., Ltd. (Yingli Solar) has recently penned an agreement to supply modules. Under the terms, Yingli Solar will provide 1.25 GW of their high-efficiency Panda N-type TOPCon PV modules...
The facility will have a capacity of 86.4 megawatts (MW) and will have more than 160,000 photovoltaic modules. Iberdrola has obtained environmental approval for Spain’s first hybrid photovoltaic and hydroelectric plant with...
The European Commission has approved, under EU State aid rules a €17.7 billion Italian scheme to support the construction and operation of a centralised electricity storage system. The measure contributes...
Three projects located in MISO territory to support Meta’s continued commitment to net zero emissions Adapture Renewables, Inc., a developer, owner, and operator of utility-scale solar and battery energy storage...
Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW and is expected to be...
After a first renewable Corporate Power Purchase Agreement (CPPA) signed at the end of 2022, TotalEnergies has signed a second contract with LyondellBasell, a global leader in the chemical industry,...
The innovative financing agreement leverages the transferability option in the IRA to fund Golden Triangle I solar plus storage in Mississippi through construction and long-term operations. Origis Energy, one of America’s leading...
Tapping Georgia’s vast renewable potential, developing its transport and logistics infrastructure, and supporting digital businesses could boost the country’s productivity and economic competitiveness, helping the country reach high-income status, according to...
With the US coming to the end of its warmest year on record, it appears the country is more committed than ever to clean energy. LG Energy Solution Vertech has...
The European Investment Bank (EIB) and VGP Renewable Energy N.V. signed a €150 million framework loan that will support solar panel installation on the roofs of VGP’s logistics centres across the...
Company aims to play major role in accelerating renewables following COP commitments. Octopus Energy Group, the UK’s largest power supplier and the owner of the Kraken technology platform, announces $800m (£625m) additional...
The Commission has published its assessment of EU Member States’ draft National Energy and Climate Plans (NECPs) and issued recommendations to assist Member States in raising their ambitions in line with EU targets for 2030....
The Board of Directors of the European Investment Bank (EIB) approved a €5 billion tailored initiative to support wind energy equipment manufacturing companies. The financing is part of the EIB’s ...
BNP Paribas announces the launch of BNP Paribas Climate Impact Infrastructure Debt, an initiative supported by the aligned commitments of BNP Paribas Asset Management (‘BNPP AM’), BNP Paribas Corporate & Institutional Banking (‘BNPP CIB’) and...
GE Vernova’s Grid Solutions business and MYTILINEOS Energy & Metals announced that they have been awarded a £1 billion contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks (SPEN), for the...
BBVA’s Turkish unit has just renewed its $415 million syndicated loan based on environmental, sustainability and governance (ESG) criteria. The financing is part of the bank’s foreign borrowing program and...
Nedbank launches R2,1 billion Green Private Power Tier 2 Bond − fuelling private sector renewable energy growth in South Africa Nedbank, a pioneer in sustainable finance solutions, has announced the...
energyRe, an independent U.S. clean energy developer, announced that it has raised a $1.2 billion capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage,...
Power Sustainable, an alternative asset manager, today announced a CAD $200 million commitment for the Power Sustainable Energy Infrastructure partnership (the “Fund”), for a final close of CAD $800 million for Vintage II. This brings...
US$140 billion investment and mass scale in domestic market drives China’s advantage Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China...
Air Liquide and Sasol have signed new Power Purchase Agreements (PPA) with the global wind and solar company Mainstream Renewable Power, for the long-term supply of a capacity of 97.5...
Eneco has submitted its planning application for the construction of the ‘Eneco Electrolyzer’, a green hydrogen production plant in Rotterdam’s Europoort industrial area. Green hydrogen is produced using electricity generated...
Accelerating growth of wind and solar PV while increasing electrification and encouraging uptake of low-emissions transport are vital areas for country’s energy transition Estonia’s ambitious targets for a climate neutral...
TESCanada H2 Inc. (hereinafter “TES Canada”), a Canadian developer of innovative projects aimed at accelerating the energy transition, is proud to present the Projet Mauricie. Totalling $4 billion in investments...
Octopus Energy’s generation arm has made its first investment in Germany’s offshore wind sector as it rapidly scales its renewables activity in the country. Octopus has taken a 5% stake...
The governing board of the Climate Investment Funds (CIF) endorsed two wide-ranging investment plans to transform the energy systems of Costa Rica and Fiji and help enable each country’s grid...
Heirloom Carbon Technologies, a direct air capture (DAC) company, opened the first commercial DAC facility in the United States in Tracy, California on November 9, 2023. The facility is fully...
With vast resources and strong clean energy credentials, the region has significant potential to drive change at home and abroad, according to the IEA’s first ever in-depth outlook At a...
After obtaining the necessary regulatory approvals, the companies have closed the agreement announced last July to co-invest in the Baltic Eagle offshore wind farm, which has a capacity of 476...
Sembcorp Industries (Sembcorp) announced its 2023-2028 strategic plan, reaffirming its commitment to transform its portfolio from brown to green and drive energy transition. In 2021, Sembcorp unveiled its strategic plan...
then “Add to home screen”