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German state approves gas drilling project in North Sea

The controversial extraction of natural gas in the North Sea near the German island of Borkum is moving closer to becoming a reality after a responsible authority gave its approval. The Office for Mining, Energy and Geology (LBEG) in the…

Key Enablers to Triple Renewables by 2030: Skills and Capacities

The International Renewable Energy Agency (IRENA) has pointed out that reaching over 11 Terawatts of installed renewables capacity as set at COP28 would necessitate overcoming identified structural barriers. One of those barriers is related to the evolving energy transitions needs…

From Grass to Electricity with the Help of Digesters

Over the years, growing dominant crops on land can lead to various environmental consequences, such as loss of biodiversity, soil erosion, and greenhouse gas emissions. Therefore, farmers are advised to revert parts of their land back to meadows, but whether…

Germany: As Solar Capacity Grows, Equipment Production Declines

Germany is making significant progress in developing renewable energy sources. The German Federal Statistical Office—Statistisches Bundesamt—confirmed this by providing data on solar energy capacity. As reported, in April 2024, about 3.4 million solar systems were installed on rooftops and parcels…

The role of development finance institutions in energy transitions

Development finance institutions (DFIs) account for only around 1 percent of total financing for energy sector investment, but their importance goes well beyond this relatively small share. DFIs are specialised financial institutions set up to support a range of economic…

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