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Scotland Grants Planning Approval for 50MW Floating Offshore Wind Farm

The Scottish government yesterday granted planning permission for a new 50MW floating offshore wind farm around 15km off the coast of Aberdeen, marking a significant step forward for the nascent clean energy...

Major Renewable Energy Projects in Africa and Asia

Five new partners joined UN Environment's Seed Assistance Facility today, committing to invest $50 million in clean power projects in Sub-Saharan Africa and Asia. In a region like sub-Saharan Africa where, 600 million...

Active Competition Policy Key to Mexico’s Successful Energy Reform

Mexico embarked on an ambitious and comprehensive energy sector reform in recent years to harness market forces and attract new investments, moving away from its monopoly-driven system, and leading to increasing market...

Siemens Tops Clean 200 as Chinese Firms Dominate Rankings

German tech giant Siemens has topped the latest Clean 200 list of publicly traded corporations which make significant revenue from green energy, while Chinese companies continue to dominate the rankings. Revealed today, the...

IEA Executive Director Meets with Greek Minister for Environment and Energy

IEA Executive Director Dr Fatih Birol met today in Athens with the Greek Minister for Environment and Energy, George Stathakis, to discuss the energy sector transition and the outlook of global energy...

UK Offshore Wind ‘Will Lower Energy Bills’ More than Nuclear

Offshore windfarms could provide cheaper power than Britain's new wave of nuclear power stations, a leading figure in the wind industry has claimed. Speaking to the the Guardian, Hugh McNeal, the chief executive...

European Wind Energy Investment Breezes Past Record-Breaking €27bn Milestone

The growing dominance of renewables in the European power industry was underlined yesterday with the release of a new report showing how renewable energy accounted for 86 per cent of all new...

Deutsche Bank Vows to End New Coal Lending, in Line with Paris Agreement

The Paris Agreement and the global divestment campaign has secured one of its biggest victories to date, after banking giant Deutsche Bank announced it would halt investment in new coal projects in...

Coal Demand Growth to Stall as Appetite Wanes, According to IEA

BEIJING — Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal...

China and India Tipped for Multi-Billion Dollar Renewables Investment Surge

The Asian renewables market can expect a dual boost this year, as the Chinese and Indian governments both look to step up investment in clean energy infrastructure. According to Reuters' reports, China's energy...

Solar Power Becoming World’s Cheapest Form of Electricity Production, Analysts Say

Solar power is becoming the cheapest way to generate electricity, according to leading analysts. Data produced by Bloomberg New Energy Finance (BNEF) showed the cost of solar in 58 lower-income countries – including...

Medium-Term Renewable Energy Market Report 2016

The International Energy Agency said today that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed...

EIB and LEG Sign Credit Facility to Finance Energy Modernisation in Housing Portfolio

The European Investment Bank (EIB) and LEG Immobilien AG have concluded a loan agreement for EUR 100 million. The loan from the EU bank, which is made possible by guarantees from the...

Medium-Term Coal Market Report 2016

Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from...

IKEA Group Announces Fresh €1bn Push to Secure Supplies of Sustainable Materials

IKEA Group has revealed plans to invest a further €1bn in securing long term supplies of sustainable materials by backing projects in forestry, recycling, renewable energy, and biomaterial development. The retail giant today...

Finland Set to Become First Country in the World to Ban Coal

The Finnish government has announced plans to stop using coal, one of the the dirtiest fuels on the planet, by 2030. "Finland is well positioned to be among the first countries in the...

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