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energy investments

COVID-19 Further Slowed Down Global Progress on Energy Efficiency: IEA

A new IEA report has stated that the already sluggish pace of global progress on energy efficiency is set to slow further as a result of the economic impacts of the COVID-19 crisis. A new report by the International Energy Agency (IEA) has stated that the already sluggish pace of global progress on energy efficiency […]

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Urgent Action Needed for the Energy Transition in Heating and Cooling

Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies. The transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of […]

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Vestas Launches Venture Investment Programme to Accelerate Innovation Within Sustainable Energy Solutions

Driving on from its success in the wind energy segment, global wind energy major Vestas has announced that to accelerate the deployment of sustainable energy, the electrification of societies and unlock new growth opportunities, it is now launching a new venture investment programme entitled Vestas Ventures. “We want to combine Vestas’ 40 years of experience in pioneering […]

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Enel Plans to Invest €160 Bn by 2030 to Accelerate the Energy Transition

Enel has released its vision 2030 and announced that it is placing at the core of its strategy the acceleration of the energy transition. One of the biggest utilities in Europe – Enel has released its vision 2030 and 2021–2023 strategic plan. The firm has announced that it is placing at the core of its […]

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Eni and HitecVision new Renewable Energy JV “Vårgrønn” in Norway

The new joint venture will focus on renewable energy projects The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The Vårgrønn JV, which marks […]

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To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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EV Startup Ather Energy Raises $35 Mn in Latest Funding Round

Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […]

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Iberdrola Pledges €75 Billion to Capitalise on Energy Transition

Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […]

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Grid Optimisation: a ‘no regret option’ to Allow More Renewable Energy

The expansion of wind energy continues despite COVID-19. And that requires the continued expansion of electricity grids. It also requires us to optimise and reinforce existing grids. In a new paper, WindEurope shows how available and proven technologies can optimise Europe’s existing grid infrastructure, and how this can help accommodate higher shares of renewables in […]

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