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energ transition

EIB, Amundi Launch €1Bn Financing Program for European Energy Transition

Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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UNDP and IRENA to Accelerate Low-Carbon Energy Transition

UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development.  Under the cooperation, the organizations will explore joint initiatives aimed […]

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IRENA Report on Hydrogen from Renewable Power: Technology Outlook for the Energy Transition

As the world strives to cut carbon emissions, electric power from renewables has emerged as a vital energy source. Yet transport and industry will still require combustible fuels for many purposes. Such needs could be met with hydrogen, which itself can be produced using renewable power. Hydrogen provides high-grade heat, helping to meet a range […]

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IEEFA Report on GE Misread the Energy Transition: A Cautionary Tale

According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The report by IEEFA, ‘General Electric Misread the Energy Transition: A Cautionary Tale’, highlights GE and its primary shareholders as a case […]

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Xcel Energy Plans to Retire 2 Coal Plants Under Clean Energy Transition

Minneapolis-based energy utility, Xcel Energy has announced that it plans to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is another milestone in the company’s clean energy transition that includes expanding wind and solar, using cleaner natural gas and operating its carbon-free […]

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Impact of Smart Charging EVs on the Energy Transition

The International Renewable Energy Agency (IRENA) recently issued its review analysis on the potential and impact of smart charging electric vehicles on the energy transition. Today the average car runs on fossil fuels, but growing pressure for climate action, falling battery costs, and concerns about air pollution in cities, has given life to the once […]

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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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