Tag: investment

BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering...

Resalta Begins Third Energy Retrofit Project of the City of Ljubljana

Resalta, Petrol and the City of Ljubljana signed the agreement for the third energy retrofit project of the City of Ljubljana. The project includes 27 municipal buildings, of which 17 will undergo...

ABB Breaks Ground on $30 Million Facility for EV Chargers to Meet Global Demand

ABB has marked the start of construction at its new facility in San Giovanni Valdarno, Italy, which will serve as a global Center of Excellence and production site for electric vehicle charging...

Which Country Dominates Offshore Wind Market?

New research published by RenewableUK shows the global pipeline of offshore wind energy projects which are operational, under construction, consented or being planned has soared by 30% in the last twelve months...

City of Sydney Goes 100 percentage Renewable

As of July 1, Sydney, the largest city in Australia, will power all its operations — street lights, sports facilities, buildings, and the historic Town Hall — with 100% renewable energy from...

Connecting Protected Areas With Green Infrastructure Would Strengthen Europe’s Ecosystems

The European Union’s (EU) network of protected sites, Natura 2000, could be further connected with green infrastructure to create a trans-European nature network. According to a European Environment Agency (EEA) briefing highways...

Clean Air and Green Jobs in Latin America and the Caribbean Thanks to E-Mobility

The transport sector is responsible for 15 per cent of greenhouse gas emissions in the region. New report calls to prioritize the electrification of public transport, especially when updating old bus...

IRENA Puts Energy Transformation at Heart of Sustainable Recovery Agenda

Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation, a new report by the...

Entrepreneur Hoping to Make Electric Motorbikes a Staple of Thailand’s Streets

Bangkok has an extensive public transit network, but its maze of small side streets—sois—means that a destination is often a hike from a transit stop. In a city of extreme temperatures and...

COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide

Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless efforts are scaled up significantly, reveals...

As the Health Crisis Hammers the Auto Industry, Electric Cars Remain a Bright Spot

Beyond the immediate impact on health, the Covid-19 pandemic is causing a major shock to the global economy. Electric cars – a key element of transitions to cleaner energy – are being...

These Countries Are Leading the Transition to Sustainable Energy

The Energy Transition Index 2020 analyzes the energy sectors of 115 countries. Sweden tops the global rankings as the country most prepared to transition to clean energy. COVID-19 could threaten the...

ESCAP and IRENA Transitioning Asia-Pacific Region Towards Renewables Together

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the International Renewable Energy Agency (IRENA) will work together to improve access to sustainable energy, bolstering the Asia-Pacific...

Pakistan’s ‘Green Stimulus’ Scheme Is a Win-Win for the Environment and the Unemployed

Pakistan's government are offering labourers, who are out of work due to the coronavirus lockdown, a chance to earn money by planting trees. The project is part of Pakistan's existing initiative...

The COVID-19 Crisis Has a Profound Impact Also on the Energy Sector

In three reports published today, the Energy Community Secretariat assesses the current status of financial liquidity of the electricity sector; compiles information about support from International Financial Institutions and commercial banks; and measures...

Can Electricity Decarbonize the Energy Sector?

The energy sector currently accounts for two-thirds of global carbon emissions; Expedited progress on energy efficiency and low-carbon sources in the energy mix is required to achieve deep decarbonization; As the...

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