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‘Now or never’ to avoid climate catastrophe, warns UN Panel

UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […]

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Lightrock Power to Build 400 MW Solar Projects in UK

After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […]

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How are national oil companies tackling energy transition: Woodmac

Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […]

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Renewables Face An Oil Slick

A month after the Russian invasion of Ukraine, the geo-political crisis has taken a heavy toll on human life, Ukrainian cities and infrastructure, and of course the Russian economy. If anything, the cost of the crisis for both the countries in the weeks succeeding February 24 — the day Russia first sent its forces into […]

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OX2 Buys 500 MW Wind and Solar Projects in Greece

OX2 AB has announced that it has acquired two important portfolios of wind and solar development projects in Greece. The Swedish renewables developer said that the combined capacity of the two is in excess of 500 megawatt (MW). OX2 informed that the wind and solar projects are located in different regions of Greece. They are […]

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Austria will Release €250 million for Wind and Solar Projects

Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […]

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AMPYR, Hartree Collaborate to Build 5GW of Solar Power in USA

AGP Sustainable Real Assets has formed a joint venture (JV) with Hartree Partners to develop 5GW of utility-scale solar projects across the US. The new joint venture is named AMPYR Energy USA and will be headquartered in New York. The new entity will leverage the experience of AGP that has developed large scale RE projects […]

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Wind Energy in Sweden to Rise by 70% in Next Three Years

Swedish Energy Agency – a government appointed agency – has published its biannual forecast report where it has said that Sweden will expand its wind power comprehensively. The published analysis says that Sweden is expected to increase the wind power generation by more than 70 per cent by 2024 compared with the level of 2021. […]

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