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Tesla, SolarCity Merger Approved by Shareholders

Shareholders approved the $2.6 billion bid by Tesla Motors to buy SolarCity, paving the way for the clean energy giant to become a one-stop shop for electric vehicles, rooftop solar and energy storage. “I think your faith will be rewarded,”…

China’s Grid-Connected Wind Power Capacity Increases

China’s grid-connected wind power capacity continued to pick up, but the utilization rate was waning after years of capacity expansion, the latest data from the National Energy Administration (NEA) showed. China’s total installed capacity of wind power generation facilities connected…

World Bank Steps Up Climate Funding in Arab World

The World Bank Group announced few days ago a new plan to ramp up support for countries in the Middle East and North Africa (MENA) region to confront the multiple threats of climate change. Over the next four years, the…

France Announces Coal Power Phase Out Date

France this week became the latest country to vow to phase out unabated coal power from its energy mix, pledging that its last coal plant will shut by 2023 at the latest. French President Francois Hollande announced the target at…

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