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Google Hails ‘Business Sense’ of Going 100 Per Cent Renewable Powered in 2017

Every Google search or Youtube video will soon be run entirely on renewable power, after the tech giant today announced it is on track to secure 100 per cent renewable energy for...

European Support for Cheaper and Cleaner Heat and Power in Lithuania

The European Investment Bank (EIB) has signed a EUR 190 million loan agreement with Lietuvos Energija for the greenfield construction of new combined-heat-and-power (CHP) plant in Vilnius. The project is expected to...

KfW IPEX-Bank Finances new BMW Group Production Facility in Mexico

Together with DZ BANK and BayernLB, KfW IPEX-Bank has closed the syndicated financing for the BMW Group's new plant in San Luis Potosí, Mexico. Each of the three banks is contributing an...

Centrica to Trial £19m Local Smart Grid in Cornwall

Energy giant Centrica has launched a new local energy market trial in Cornwall in a bid to test how a more distributed grid could help generation be managed closer to the point...

Big Business Calls on Government to Halt Solar Tax Hike

A group of major businesses, including retail giants Sainsbury's, IKEA and Kingfisher, have called on Chancellor Philip Hammond to stop a planned rise in business rates for firms with solar installations. The businesses...

Shell to Link Executive Bonuses to Greenhouse Gas Emissions

Shell, Europe's largest oil company, has unveiled plans to link a slice of executive bonuses to its performance in curbing greenhouse gas emissions in response to shareholder pressure for it to better...

Jordan Powers Up Giant Solar Plant, As Enerray Seeks To Unlock Region’s ‘Huge Potential’

A 23.1MW solar plant covering a surface area of half a million square metres has been connected to Jordan's national grid, the developers of the project have announced. Led by Saudi renewable energy...

Toyota CEO Akio Toyoda to Run Electric-Car Division

It's now abundantly clear that Toyota is changing course when it comes to zero-emission vehicles. After years of promoting hydrogen fuel cells while shunning and disparaging battery-electric cars, the company now plans...

Adani Coal Mine: Green Groups Fume over Plan for $1b Federal Loan

The environmental movement is up in arms over a move towards federal funding of up to $1b for a railway that will serve Adani’s proposed Queensland coal mine. A $2.2b rail link to...

Morocco Becomes IEA Association Country, the First for the Middle East and Africa

The International Energy Agency (IEA) welcomed the Kingdom of Morocco as an Association Country recently, deepening the partnership between both parties for a more sustainable and secure energy future. Morocco becomes the latest...

Solar Is Booming… Costs Keep Falling

Today, solar power is everywhere. It's on your neighbor's roof and in tiny portable cellphone chargers. There are even solar powered roads. And as solar power heats up, prices are going down....

Siemens Cuts CO2 Emissions by 20 Percent

One year after the launch of its decarbonization program, Siemens is already making significant advances in reducing its carbon footprint. The company was able to cut its CO2 emissions from 2.2 million...

Off-grid Solar to Help Myanmar Bring Electricity to All by 2030

Four feet in length, of aggressive disposition, and deadly poisonous: you don’t want to stand on a Russell’s viper in the dark. Especially if there’s no antivenom for miles around. Yet that’s...

Vestas Secures 112 MW for Three Projects in France

French energy group EDF Énergies Nouvelles has placed firm and unconditional orders for a total of 112 MW for the 72.6 MW Champagne Picardie project, the 19.8 MW La Carnoye wind park...

India Just Fired Up The World’s Largest Solar Plant To Power 150,000 Homes

Things are heating up in India, where one of the world’s top polluting countries has unveiled the world’s largest solar power plant. The 648-megawatt project in Kamuthi, Tamil Nadu stole the title...

OMV Group Report January – September and Q3 2016

“OMV continues to deliver on its strategic targets. We further optimized our portfolio by selling a 49% stake in Gas Connect Austria, the gas transportation business. This will bring us sales proceeds...

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