Renewables and Efficiency

The International Energy Agency (IEA) has released a peer-reviewed report today, focussed on the efforts of oil and gas companies to reduce their environmental footprints, concluding that companies’ failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability. The International Energy Agency …

Eni has agreed to buy one of the largest onshore wind portfolios in Italy from fund manager Glennmont Partners, as part of plans to expand its green energy business. The Italian energy group will buy a 315 megawatt portfolio comprising 13 plants, taking its overall wind capacity in Italy to …

The EU has expressed hope that it can transfer its expertise in renewable energy and work in Libya on these projects. The EU Mission in Libya said, in a report posted to its SMS page, that in view of the constant power outage a large number of Europeans were keen …

Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4 percent over the expected growth of current plans within the next decade, said a new analysis from the International Renewable Energy Agency (Irena). Irena’s 1.5°C pathway – (The Agency’s ambitious goals to limit global …

Strong government policies and financial support will see renewable energy account for nearly 40% of the world’s power mix by the end of this decade, according to research by GlobalData. In a new report, the data and analytics firm highlights how increasing investment in solar and wind plants, and new …

The International Renewable Energy Agency (IRENA) and the Ministry of Ecology and Environment of the People’s Republic of China (MEE) have today agreed to extend existing co-operation on energy transition. The joint work will center-stage the acceleration of renewable energy development as central climate solution, enabling China’s pledge to peak …

The International Renewable Energy Agency (IRENA) and the United Nations (UN) signed a Memorandum of Understanding (MoU) to advance the use of host-country generated renewable energy in peacekeeping missions. Under the agreement, IRENA and the UN will seek opportunities to work with countries that host UN peacekeeping operations to identify …

UK supermajor BP has agreed to join forces with Norway’s Statkraft and Aker Offshore Wind in a consortium bidding to develop offshore wind in the Sørlige Nordsjø II licence area off Norway. Sørlige Nordsjø II will be developed without government support. Norway plans to announce the auction in Q1 2022 …

The US plans to auction eight lease areas for offshore wind power in the shallow stretch of the Atlantic between New York’s Long Island and New Jersey. The proposed sites offer the potential for as much as 7 gigawatts of electricity, enough to power more than 2.6 million homes, the …

When it comes to the global shift to low-carbon energy sources, Europe has traditionally been viewed as the world leader. Meanwhile, the United States has frequently been regarded as an important—albeit grudging—participant. Over the past half-decade, China has also improved its stock in the fast-growing market through a plethora of …