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Dong Energy Considers Sale of Oil and Gas Assets to Focus on Windfarms

The biggest windfarm operator in the UK is considering selling its oil and gas business, four decades after it was set up to manage Denmark’s North Sea oilfields. Dong Energy, which is majority...

World Bank Approves $1.8 Million Grant to Boost Chilean Geothermal Market

The World Bank Board has approved a US$1.8 million Clean Technology Fund grant to strengthen the Chilean Ministry of Energy’s capacity to further develop the country’s geothermal sector and improve its energy...

New Ways to Finance Cities

The international community has ended the global housing conference in Quito with the ratification of common guidelines for sustainable urban development in the form of the "New Urban Agenda." KfW attended many...

Victorian Government to Boost Solar Energy Tariffs from July 2017

Victorians with solar panels will be compensated for reducing greenhouse gas emissions in a planned reward scheme set to increase power costs for other households. Tens of thousands of rooftop solar homes on...

Is Infiniti now Ready to Launch an Electric Car, After All?

Nissan's strong commitment to electric cars has not, so far, extended to its Infiniti luxury brand. While the six-year-old Nissan Leaf is the bestselling electric car in history, the company has repeatedly...

Oil Prices Drop as Concerns over Global Fuel Glut Re-emerge

Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut...

Nepal, Bangladesh Agree to Build More Than 1,600 MW of Pumped-Storage Hydropower

The governments of Nepal and Bangladesh have signed an agreement to build two pumped-storage hydropower plants with a total capacity of more than 1,600 MW in Nepal, according to the Kathmandu Post. The...

Environmental Group Calls for Electric Car Infrastructure

Members of environmental groups and electric car owners gathered at The Peacock Inn in Princeton on Monday to call for increased electric car infrastructure in New Jersey. They also touted a study with...

World Bank Ups Its 2017 Oil Price Forecast To $55

The World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That’s US$2 more than its...

Singapore Becomes IEA Association Country

The International Energy Agency (IEA) has welcomed Singapore as an IEA Association Country, deepening the partnership between both sides for a more sustainable and secure energy future. The announcement was made jointly...

India Could Reclassify Hydropower as Renewable Energy

The National Democratic Alliance government of India will present legislation to the Cabinet to reclassify hydropower as a clean renewable energy source. Speaking at a conference to mark the construction of a new...

Climate-Friendly Transport in Chinese Cities

Traffic in China’s cities is steadily increasing. GIZ is advising the country on how to mitigate greenhouse gas emissions and make the transport sector more climate friendly. Climate change mitigation is a major...

Petrol Cars Allowed to Exceed Pollution Limits by 50% Under Draft EU Laws

New European cars with petrol engines will be allowed to overshoot a limit on toxic particulates emissions by 50% under a draft EU regulation backed by the UK and most other EU...

U.S. Energy Shakeup Continues as Solar Capacity Triples

Solar power capacity in the U.S. will have nearly tripled in size in less than three years by 2017 amid an energy shakeup that has seen natural gas solidify its position as...

COP22: from Paris to Marrakesh

After close to 200 countries signed up to a historic Climate Agreement in Paris at the end of 2015, the focus this year is firmly on the follow-up meeting in Marrakesh, Morocco...

Solar & Wind Cheaper To Replace Coal In UK Than Biomass

A new study has concluded that transitioning to wind and solar power would be a cheaper option for the United Kingdom to replace its coal fleet than using biomass electricity generation. According to...

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