Energy
Transitioning to a world powered by renewable energy is key to tackling climate change. Here you can find the latest good news related to our clean energy transition, covering wind, solar, green hydrogen, hydropower, and more.
Allianz to cut investments in companies using coal in favor of renewable energy
Another global banking giant is pulling its funds from coal businesses. Germany’s Allianz SE, one of the world’s largest financial asset managers, announced it will no longer invest in companies if more than 30% of sales come from coal mining or if coal generates more than 30% of electricity. Read More...
Solar power may be cheaper than coal in India by 2020
The price of solar power in India fell at a faster-than-expected rate this year. Now, some experts suggest that by 2020, renewable energy in Asia’s third-largest economy may become up to 10% cheaper than coal power. Currently, in India, solar power prices are within 15% of coal power prices Read More...
Australian Greens unveil 90 per cent renewable energy plan
A $500 million government authority would double Australia's energy efficiency and move the country towards 90 per cent renewable energy by 2030, under a plan to be unveiled by the Greens today. Greens leader Richard Di Natale is set to today announce plans for the new agency, RenewAustralia, which Read More...
Wind from Britain, solar from the Sahara, geothermal from Iceland
The UK’s electricity grid is having to work harder than ever to ensure that there is enough power to go around this winter as old power stations close down or need repairing, with little spare generating capacity to make up any shortfalls. That places a bigger burden on renewables – Read More...
Moroccan solar plant to bring energy to a million people
A giant plant using energy from the Sun to power a Moroccan city at night will open next month. The solar thermal plant at Ouarzazate will harness the Sun's warmth to melt salt, which will hold its heat to generate energy in the evening. The first phase will generate for three hours after dark; the Read More...
This professional football player could revolutionize energy industry
OK, so we missed this story earlier this week. Then again, this story had been kept secret for seven years. And since we're talking about a pioneering technology that could replace oil and revolutionize the energy sector, led by 31-year-old Mathieu Flamini, the French midfielder for Arsenal, Read More...
OECD countries agree to restrict financing for overseas coal power plants
Just two weeks before the Paris climate talks commence, representatives from 34 of the world’s developed and major economies reached a compromise to phase out public financing that supports the construction of new coal power plants around the world. Starting in 2017, the Organization for Economic Read More...
The world could run entirely on wind, solar and hydro power by 2050
After much number-crunching, there's now a clear roadmap for 139 countries to supply all the world's energy needed in 2050 by using wind, water and sunlight. Researchers at Stanford University and the University of California collaborated to first analyze how much energy each country would need by Read More...
Researchers create cheaper, high performance LED
LED lighting has become an essential part of reducing energy usage around the world but its adoption hasn’t been all too fast considering the costs associated with the material and the quality. That’s all set to change however as researchers from Florida State University have created new LED Read More...
Solar prices could be 10% less than coal In India by 2020
KPMG has released a report stating that by 2020 solar power in India could cost about 10% less than coal power, saying “Solar power price declines have beaten the expectations of most analysts since the beginning of 2015. In the ongoing NTPC solar park tender, solar prices have breached the Read More...