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THE EUROPEAN SOLAR INDUSTRY FACING A CHALLENGE – PROPOSED EMERGENCY MEASURES TO PROTECT EU PRODUCERS
The European solar industry could face big losses, if policymakers do not implement urgent measures to protect producers of solar photovoltaic modules in the European Union in the coming period, according to...
EU: NET ZERO INDUSTRY ACT COULD THREATEN THE EUROPEAN WIND INDUSTRY
Wind energy is important for the European Union Member States, considering that 19 percent of the energy consumed in the EU comes from this renewable source. Although almost all European wind turbines...
HOW DID PAKISTAN’S LIBRARY BECOME MORE ENERGY EFFICIENT?
A project was recently implemented in Pakistan that resulted in a significant improvement in the energy efficiency of a public facility. The Raziuddin Siddiqui Memorial Library in Islamabad, known for its collection...
Net Zero Industry Act threatens to be a backward step for Europe’s wind industry
Wind is 19 per cent of the electricity consumed in Europe. Nearly all of Europe’s wind turbines are made in Europe. Europe’s wind energy supply chain is big – over 250 factories...
PROCREDIT BANK ON THE ROAD TO CARBON NEUTRALITY
Saving energy, sustainable use of natural resources, less waste and reduction of harmful gas emissions are some of the clearly defined and planned goals of ProCredit Bank. They firmly adhere to internal...
Greenhouse Gas concentrations hit record high. Again.
The abundance of heat-trapping greenhouse gases in the atmosphere once again reached a new record last year and there is no end in sight to the rising trend, according to a new...
Governments plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows
A major new report published today finds that governments plan to produce around 110 percent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69 percent more...
How can sustainable debt support China’s energy transition?
Sustainable debt has become a popular tool to fund green and sustainability-linked activities since it first emerged in the mid-2010s, providing a tailwind to clean energy investment. Global sustainable debt issuances have...
MENA’s Transforming Role in an Evolving Energy Landscape
The Middle East and North Africa (MENA) region has been leading fossil fuel production for decades, creating tremendous economic growth.
However, fossil fuel-driven growth has proven to be unsustainable for both people and...
IEA, ECB and EIB highlight importance of an accelerated clean energy transition for Europe’s industrial competitiveness and financial stability
The heads of the European Investment Bank (EIB), the European Central Bank (ECB) and the International Energy Agency (IEA) are today calling on leaders from government, finance and industry across Europe to...
Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk
Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels...
Upcoming EU Hydrogen Bank pilot auction: European Commission publishes Terms & Conditions
The Commission published the Terms and Conditions (T&C) for its pilot auction dedicated to European renewable hydrogen production. It is an important step towards scaling up production of renewable hydrogen in the...
Doubling energy investment in Africa requires urgent action to bring down financing costs and boost access to capital
New report outlines innovative solutions for African countries to unleash the spending needed to achieve the continent’s energy and climate goals.
Swift action to improve access to capital and ease financing costs is...
How India’s climate leadership is building a better future for all
India is poised to be a global leader when it comes to economy, technology and trade. Now, it has an opportunity to seize the moment and help the world address climate change...
Top 10 things you didn’t know about wind power
10. Human civilizations have harnessed wind power for thousands of years. Early forms of windmills used wind to crush grain or pump water. Now, modern wind turbines use the wind to create electricity....
Renewables Competitiveness Accelerates, Despite Cost Inflation
The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil...