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European Union

The Green Hydrogen Wave, And Its Implications for Renewable Energy

A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […]

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FIEE SGR Closes its Second Fund Dedicated to Energy Efficiency

FIEE SGR the leading Italian fund specialising in energy efficiency for energy transition has launched its second fund with the 1st close of €127.5 million Fondo Italiano per l’Efficienza Energetica SGR (FIEE SGR), the leading Italian fund and one of the largest European funds specialising in energy efficiency for energy transition, has launched its second […]

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Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […]

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Scientists Identify new Catalysts for More Efficient Hydrogen Electrolysis

A team of scientists has discovered the parameters that determine the efficiency of a class of low-cost catalysts called spinel oxides – a discovery that breaks a bottleneck in the extraction of hydrogen from water through electrolysis. A team of scientists led by the Nanyang Technological University, Singapore (NTU Singapore) has discovered the parameters that […]

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Iberdrola to Launch Green Hydrogen Plant With Solar and BESS System

Iberdrola has signed an agreement with Fertiberia to construct the largest plant to produce green hydrogen for industrial use in Europe. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement with Fertiberia, which will trigger investment of 150 million euros, to construct the largest plant to produce green hydrogen for industrial […]

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India-EU Renew Agreement on Science and Technological Cooperation

India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). The agreement was extended by the exchange of Note Verbale between two sides. […]

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Renewables Trump Fossil Fuels in Europe for H1 2020: Report

In H1 2020, renewable energy sources generated 40 percent of the EU-27 (European Union) electricity as they trumped fossil fuels for the very first time In the first half (H1) of 2020, renewable energy sources – wind, solar and bioenergy – generated 40 percent of the EU-27 (European Unions) electricity as they trumped fossil fuels (34 percent) for the […]

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IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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New RE Already Cheaper Than Operating Coal Plants: Report

A new report has revealed that new renewable energy (RE) is already cheaper than continuing to operate coal plants in much of the world. A new report has revealed that new renewable energy (RE) is already cheaper than continuing to operate coal plants in much of the world. The report “How to Retire Early: Making […]

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