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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...
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...
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...
EBRD and EIB provide €46.5 million loan each for power transmission in Tunisia
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) – the EU Bank - are supporting vital developments required for a reliable and efficient operation of the...
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...
Solar Power: Best Alternative to Light Up Rural Africa
Solar energy has always been an alternative power source in areas not connected to the electricity grid. And this is what Bernard, a Kenyan chicken breeder, living in a small village about...
Bicycle Friendly Amsterdam Aims for Clean Transport, Smarter Buildings, and a Circular Economy
Cycling is a big part of Amsterdam’s clean transport story. The city has more bikes than people and is increasing the number of green bikeways, separated from roads.
“More and more, we’re biking,”...
Solar Homes With Tesla’s Powerwall 2.0 Are Already Cost-Competitive With The Grid In Australia
As the world shifts towards renewable energy, cost competitiveness is sometimes still a factor. Fossil fuel proponents claim the polluting energy sources are cheaper, but that assertion is now harder to defend....
Microsoft Boots Up Largest Wind Power Deal Yet
Microsoft has become the latest in a string of IT giants to announce major renewable energy deals, confirming it has inked two agreements to source 237MW of wind power from US wind...
Global oil demand could peak by 2020, says Shell
The rise of electric cars has led many analysts to make predictions about the future of the oil industry. ExxonMobil and OPEC have both made statements indicating confidence that the majority of...
Britain’s Last Coal Power Plants to Close by 2025
The last coal power station in Britain will be forced to close in 2025, the government has said as it laid out the detail of its plan to phase-out the polluting fossil...
World on Track for 3C of Warming under Current Global Climate Pledges, Warns UN
The commitments made by governments on climate change will lead to dangerous levels of global warming because they are incommensurate with the growth of greenhouse gas emissions, according to a new report.
The...
New South Wales Unveils Plan to Reach Zero Emissions by 2050
The New South Wales government has launched an ambitious climate change policy that could see the state achieve zero emissions by 2050.
On Thursday NSW’s environment minister, Mark Speakman, released draft plans for...
$75m Loan for Country’s Largest Wind Farm in Pakistan
The Asian Development Bank announced on Monday its approval of a $75 million loan to support the development of the largest wind farm in Pakistan.
The deal with Triconboston Consulting Corporation (TBCC) is...