China’s commitment to cease overseas coal financing has not translated into increased funding for renewable projects, as the nation’s development banks recorded zero new energy sector…
Browsing: Finance
Plug Power has reported a quarterly net loss of $726.4 million for the first nine months of 2023, marking an expansion of losses driven by what…
German photovoltaic (PV) inverter manufacturer, SMA Solar Technology AG (ETR:S92), has disclosed a notable surge in net profit, reaching EUR 180.4 million (USD 192.5m) for the…
In the third quarter of 2023, Spruce Power, a leading distributed solar asset owner in the United States, announced a notable uptick in revenues and adjusted…
Germany has solidified its influence over critical energy infrastructure by acquiring a minority stake in local utility EnBW’s high-voltage subsidiary, TransnetBW, as part of the nation’s…
United States and China have reached “understandings and agreements” on climate issues, providing a positive foundation for progress at the upcoming COP28 talks scheduled to commence…
UK Export Finance (UKEF) has provided a guarantee for £380m in financing for the Hai Long offshore wind project, one of Asia’s largest, with a capacity…
Denmark’s government unveiled a proposal on Thursday to introduce an average tax of 100 Danish crowns ($14.35) on air travel. The initiative aims to finance a…
Pontegadea, the investment firm owned by Amancio Ortega, the founder of Inditex, is poised to expand its footprint in renewable energy by nearing an agreement with…
The UK pensions industry has the potential to invest a substantial £1.2 trillion ($1.5 trillion) by 2035, contributing half of the required capital to accelerate the…
Vestas, the Danish wind turbine giant, has posted an operating profit in the third quarter of 2023, setting a course for a potential full-year surplus. The…
The annual flow of climate finance exceeded $1 trillion in 2021, marking the first time since the adoption of the Paris Agreement in 2015. The Climate…
