Renewables

Daily Chart: G20 spends three-times as much on fossil fuels as clean power

On average between 2020 and 2022, G20 countries channelled more than three-times as much public finance towards fossil fuels compared…

US awards $6bn to industrial decarbonisation and electrification

A new arm of the US DOE on Monday announced a $6bn federal funding package for the decarbonisation of 33…

Tokyo Gas to focus on alternative fuels and renewables for net zero

Japanese energy company Tokyo Gas will focus its business on alternative fuels such as e-methane and hydrogen, as well as…

Inside Estonia’s green energy push to attract investment

Estonia has, in recent years, managed to transform itself into an attractive investment destination, giving foreign investors the same incentives…

Retail giant Amazon signs PPA deal with major UK offshore wind farm

On Wednesday, US retail conglomerate Amazon announced a "major new" power purchase agreement (PPA) with renewable energy company Iberdrola, with…

Bulgaria’s turn to gas is a financial trap

After decades of depending on coal, Bulgaria is firmly bidding farewell to the most polluting fuel of them all. Its…

Australian renewables sector facing “alarming” slowdown

Australia’s large-scale renewables industry saw a “significant downturn” in investment in 2023 despite the country’s overall growth in the sector,…

Iceland is closing the circle on geothermal

With the cataclysmic scenes emerging from Iceland recently, it is easy to see why the country’s original settlers coined it…

Venture capital funding for decarbonisation has stalled since 2022 – report

Funding for decarbonisation projects peaked in 2022 followed by a roughly 90% drop in 2023, a new GlobalData report reveals.…

What happened to Tesla’s integrated solar dream?

Tesla has opened orders in the US for its Powerwall 3 home battery, nine years after the first-generation Powerwall was…

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