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World
UK Ranked 24th Out Of 28 EU Member States for Renewable Energy
The UK has one of the lowest rates of renewable energy consumption in Europe, according to new figures. The European Union has a target of 20 per cent of energy use coming from carbon-free sources by 2020. However there is…
Financial Institutions Worth $6.6 Trillion Set Standards for Financing Sustainable Development
Nearly 20 leading global banks and investors, totaling $6.6 trillion in assets, launched two weeks ago the Principles for Positive Impact Finance – a first of its kind set of criteria for investments to be considered sustainable. “The Principles are…
Renewables Dominated New U.S. Power Generation in 2016
According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) monthly Energy Infrastructure Update, renewable energy dominated new U.S. electrical generation put into service during 2016. Combined, newly installed capacity from renewable sources (i.e., biomass, geothermal, hydropower, solar,…
Huge Win for Renewables in Maryland as Lawmakers Override Governor’s Veto
Lawmakers in the Maryland Senate voted 32-13 Thursday to expand the state’s renewable energy target restoring the Clean Energy Jobs Act and overriding Republican Gov. Larry Hogan’s veto of the measure in May of last year. The bill is now…
UK Can Still Meet Carbon Targets with Heathrow Expansion, Government Says
The addition of a third runway at Heathrow will not endanger the UK’s ability to meet its legally binding climate change targets, the government has claimed in a new Airports National Policy Statement released today. The document, which acts as…
EDF Banks Oklahoma Wind
Allianz and MUFG have together invested tax equity in EDF Renewable Energy’s 225MW Great Western wind farm in Oklahoma. The project is located in Ellis and Woodward Counties, about 200km northwest of Oklahoma City. Allianz Capital Partners head of renewables…
Asia’s First Hybrid Electric Ferry Sets Sail
The first hybrid electric ferry in Asia has set sail in the Taiwanese port of Kaohsiung, in the first stage of a plan to clean up the city’s marine transport sector with electric ship technology. Finnish electric shipmaker Visedo worked…