Octopus Confirms £300m Close for UK Renewable Energy Fund
Fund management specialist Octopus Investments Limited has successfully closed a new £300m fund dedicated to investing in operational renewable power projects in the UK. The company announced last week that backing from an unnamed large institutional investor had allowed the…
REC Solar Begins Production Of Innovative High-Output TwinPeak 2 Solar Panels
REC Solar has become one of the largest manufacturers of solar panels in the world, and became Europe’s largest solar panel brand a few years ago. The Norway-founded company has recently started manufacturing its TwinPeak 2 multi-crystalline solar panels, rated…
Historic Turkish Tomb Moved to Make Way for Hydroelectric Dam
An enormous 15th-century tomb in south-eastern Turkey has been moved to make way for a hydroelectric dam on the Tigris river. The 1,100-tonne Zeynel Bey monument was lifted whole on Friday and transported more than a mile on a wheeled…
Tesco Pledges to go 100 Per Cent Renewable Powered by 2030
Tesco has become the latest high profile name to join the growing list of major corporations pledging to source 100 per cent of their electricity from renewable sources by 2030 as part of the global RE100 initiative. The supermarket giant…
Temperature Increase To Exceed 1.5° Celsius “Barrier” By 2026–2031, Research Finds
If the Interdecadal Pacific Oscillation (IPO) hasn’t yet moved into a positive phase, though, the 1.5° Celsius threshold will still be passed by 2031 or so, according to the research. I put “barrier” in quotes above because the Paris climate…
Nation’s Largest Offshore Wind Project Gets Approved
The Public Service Commission (PSC) granted Skipjack Offshore Energy and U.S. Wind offshore wind renewable energy credits Thursday enabling them to move forward with their proposals to build 368 megawatts of offshore wind, located off the coast of Ocean City…
France Preps 17GW Renewables Surge, as German Records Tumble
Just days before he secured his overwhelming victory in France’s presidential election, President-Elect Emmanuel Macron’s plans to double France’s wind and solar capacity by 2022 received a major boost. Late last week the European Commission granted State Aid approval to…