Energy
EBRD Lends EUR 43 Million to Taaleri-ENCRO JV for Two Wind Farms in Croatia
The European Bank for Reconstruction and Development (EBRD) is helping to speed up Croatia’s transition to clean energy by helping to finance the construction of two new wind farms. The bank is extending a EUR 43 million loan to Kunovac…
Energy Security: France Takes Emergency Measures to Boost Renewables
France gets around 20 per cent of its electricity from renewable sources – 8 per cent from wind energy, but it needs more to meet its climate goals while reinforcing energy security. The war in Ukraine and disruptions in its…
Why Don’t Solar Panels Work as Well in Heatwaves?
Heatwaves are good for generating solar energy – right? Well, yes and no. Recent hot weather has generated record amounts of solar power. Germany broke a new record for solar power generation, and, in the United Kingdom, solar power met…
EU plan to cut gas use by 15 per cent set to come into effect
An EU plan to cut gas consumption across the bloc by 15 per cent to cope with an energy price crisis spurred by Russia’s war in Ukraine comes into effect on Tuesday (9 August). The EU regulation enshrining the plan…
The World Needs More Diverse Solar Panel Supply Chains to Ensure a Secure Transition to Net Zero Emissions
Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the IEA said in a new special report released…
As Fuel Prices Rise, Companies Look to Energy Efficient Solutions
With fossil fuel prices reaching record highs, companies around the world are focusing on energy efficiency to save money and reduce the emissions driving the climate crisis. Research shows that a safe future below 1.5°C requires the world to cut…
Global Coal Demand is Set to Return to its All-Time High in 2022
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according to an IEA report, which notes that significant uncertainty hangs over the outlook for…