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Sustainable Energy

Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn

Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […]

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IRENA Report on Renewable Energy Market Analysis: GCC 2019

Renewable energy has advanced rapidly in the Gulf Cooperation Council (GCC) countries since 2014. The project pipeline reached almost 7 gigawatts (GW) of new power generation capacity by 2018, after record-breaking bids in renewable energy auctions in the United Arab Emirates (UAE) and Saudi Arabia made solar power cost-competitive with conventional energy technologies. This report […]

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IRENA Report on Global energy transformation: A roadmap to 2050 (2019 edition)

Increased use of renewable energy, combined with intensified electrification, could prove decisive for the world to meet key climate goals by 2050. This study from the International Renewable Energy Agency (IRENA) highlights immediately deployable, cost-effective options for countries to fulfill climate commitments and limit the rise of global temperatures. The envisaged energy transformation would also […]

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Artificial Photosynthesis Can Bring Green Tech Closer to Solar Energy Storage

Chemists at the University of Illinois have successfully produced fuels using water, carbon dioxide and visible light through artificial photosynthesis. By converting carbon dioxide into more complex molecules like propane, green energy technology is now one step closer to using excess CO2 to store solar energy – in the form of chemical bonds – for […]

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Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back

A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […]

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Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF

A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […]

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IEA Offers Insight to Morocco’s Energy Transition

The International Energy Agency (IEA) has in its latest in-depth review of Morocco’s energy policies, highlighted the institutional, legal and fiscal reforms undertaken to promote the sustainable development of the country’s energy sector. Since the last review in 2014, the agency noted the government’s positive efforts to boost renewable investment, provide access to electricity, and […]

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World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition

The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […]

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Solar Energy to Power Humanitarian Hub in South Sudan by 2020

The partners are anticipating some 1,900 solar panels—capable of creating up to 700-kilowatts of power—will be installed around the perimeter of the Hub by December 2019. Thanks to a new private sector collaboration linking Scandinavia to Sub-Saharan Africa, a Norwegian company will be helping the International Organization for Migration (IOM) harness solar energy to power […]

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