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Search Results for renewable energy source
Shell Continues Renewable Investment Spree With UK Solar PPA
Shell has continued its recent investment spree in the clean energy sector this week, announcing a Power Purchase Agreement in England which will make it the single off-taker from the largest solar farm in the country, the 69.8 megawatt Bradenstoke…
EU Lawmakers Back More Ambitious Renewables, Energy Saving Goals
European lawmakers approved draft measures on Wednesday to reform the power market and reduce energy consumption that envisage more ambitious climate goals, setting the stage for tough talks with reluctant EU member states. Under the plan backed by the European…
Worldwide Clean Energy Investments Hit $333.5 Billion Last Year
Global investment in renewable energy hit $333.5 billion in 2018, the second-highest on record, according to a new analysis from Bloomberg New Energy Finance (BNEF). That’s a 3 percent jump from 2016 and 7 percent short of the $360 billion…
Shell, Swedfund, ENGIE Invest $20 Million In Rural Distributed Renewables In Asia & Africa
Husk Power Systems, a leading rural distributed utility company which operates mini-grids in Asia and Africa, has announced the closure of a $20 million equity investment from Shell, Swedfund, and ENGIE, which will serve to accelerate the company’s growth in…
Australia Secured Record Clean Energy Investment In 2017
Australia recorded its best ever clean energy investment year in 2017, according to new figures from Bloomberg New Energy Finance, taking in $9 billion in 2017, up 150% on 2016 and lifting Australia to 7th position in terms of global…
European Parliament Votes to Strengthen 2030 Renewables Goals and Set ‘Net Zero’ Emission Target
The European Parliament yesterday voted in favour of proposals to significantly strengthen the EU’s climate package through to 2030 and beyond, backing a higher renewable energy target, more ambitious binding efficiency goals, and a new 2050 ambition to build a ‘net…
McKinsey: Renewables and EV Boom will Struggle to Move World Onto 2C Pathway
Renewables are set to dominate the global energy market and demand for electric vehicles will soar over the next decade, but neither industry will make fast enough progress to ensure the world meets targets to limit temperature increases to well…