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Energy

Global Coal Generation ‘Plunging into Death Spiral’

Global coal generation is plunging into a ‘death spiral’. That’s the verdict from environmental think-tank Carbon Tracker, which has published a new report suggesting 42% of the world’s operating coal fleets are already unprofitable due to high fuel costs. It…

Budweiser Brewer Hops Towards Lager Emissions Reductions

AB InBev has signed a 15-year power purchase agreement with Lightsource BP. The brewer of Budweiser in the UK has signed a deal to purchase 100% renewable electricity from solar business Lightsource. Through the 15-year power purchase agreement (PPA), AB InBev will receive 100MW of solar electricity,…

Global Solar Installations to Soar 18% in 2019

A new report expects new worldwide solar capacity to total 123GW in the next year. Global solar installations are forecast to rise 18% through 2019. That’s the verdict from a new report published by IHS Markit, which expects new capacity to reach 123GW…

New York Steps up Energy Efficiency and Storage Targets

New York State Public Service Commission has approved two new initiatives to reduce the region’s carbon footprint. Governor Cuomo has announced a dramatic increase in New York State’s energy efficiency and battery storage targets. In a bid to tackle climate…

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