The Green Climate Fund (GCF) has approved a significant equity allocation of USD 50 million to REPP 2, a newly established debt fund geared towards catalyzing…
Browsing: Electricity
LONGi Solar, a global solar technology company, has entered into a significant 3-year framework agreement with PVI GmbH (PV International), a subsidiary of Solar Ruhr Group…
A new report from Cornwall Insight has cast doubts on the UK government’s ability to achieve its ambitious target of reaching 50 gigawatts (GW) of offshore…
Repsol has initiated the production of renewable hydrogen at its Petronor industrial center located in Biscay, Spain. The newly operational 2.5 MW electrolyzer has the capacity…
Ecuador has announced that it will enforce daily power cuts lasting several hours until mid-December due to a significant drought adversely impacting production at its hydro-electric…
Krones, a player in packaging solutions for the food and beverage industry, has initiated construction on a groundbreaking sustainable energy project at its manufacturing facility in…
In a recent development, the startup Eden, specializing in permeability enhancement technology, has successfully closed an oversubscribed seed funding round, securing $12 million. This brings the…
The construction of the second phase of China’s largest renewable energy power base in the Gobi Desert and other arid regions has commenced, marking a crucial…
Vattenfall, the Swedish energy company, has reported a loss of SEK 2 billion (€169 million) in the third quarter of 2023, with an underlying operating profit…
The United Kingdom’s government has unveiled its response to the Climate Change Committee’s (CCC) Annual Progress Report, released in June, reaffirming its unwavering commitment to decarbonize…
The United Kingdom has ushered in a pivotal era of energy reform with the passing of the UK Energy Act 2023, which recently received Royal Assent.…
In its Q3 2023 earnings call, NextEra Energy, a prominent Florida-based energy firm, disclosed a net income of $1.2 billion, signaling a year-on-year decline of approximately…
