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Search Results for solar energy
Fossil Fuel Divestment Pledges Top $5tr, as Investors ‘Fast Losing Faith’ in High Carbon Assets
The anniversary of the Paris Agreement was marked today with the release of a new report, revealing companies and individuals with nearly $5.2tr of assets under management have now pledged to divest from fossil fuels. The analysis from impact investing…
Enel Starts Operation of Integrated Geothermal-Hydropower Plant in Utah
Enel S.p.A., through its subsidiary Enel Green Power North America Inc. (EGPNA), has begun operation of its Cove Fort geothermal-hydropower plant. EGPNA added a fully submersible downhole generator technology to a geothermal injection well at Cove Fort in Utah, U.S.…
Wind Industry Salutes Fresh Output Record
The UK’s onshore and offshore wind farms set a new output record yesterday, passing the 10,000MW mark for the first time, according to new figures from National Grid. The record of 10,104MW was achieved between 2pm and 2.30pm yesterday, as…
IKEA Group Announces Fresh €1bn Push to Secure Supplies of Sustainable Materials
IKEA Group has revealed plans to invest a further €1bn in securing long term supplies of sustainable materials by backing projects in forestry, recycling, renewable energy, and biomaterial development. The retail giant today published its annual sustainability report for 2016,…
Google Hails ‘Business Sense’ of Going 100 Per Cent Renewable Powered in 2017
Every Google search or Youtube video will soon be run entirely on renewable power, after the tech giant today announced it is on track to secure 100 per cent renewable energy for all its global operations next year. In a…
KfW IPEX-Bank Finances new BMW Group Production Facility in Mexico
Together with DZ BANK and BayernLB, KfW IPEX-Bank has closed the syndicated financing for the BMW Group’s new plant in San Luis Potosí, Mexico. Each of the three banks is contributing an equal share to the total lending volume. The…
Centrica to Trial £19m Local Smart Grid in Cornwall
Energy giant Centrica has launched a new local energy market trial in Cornwall in a bid to test how a more distributed grid could help generation be managed closer to the point of demand. The firm announced plans on Friday…