UK Banks Risk Missing Africas Green Energy Boom
#ClimateFinance #RenewableEnergyUK banks risk missing Africa's renewable energy boom due to weak climate targets. Experts warn they could lose out on financing opportunities worth hundreds of billions needed for the continent's energy access and development goals by 2030. read more
Judge Lifts Final Offshore Wind Ban
#RenewableEnergy #WindPowerA U.S. judge allows Ørsted's Sunrise Wind project, the last of five halted by Trump, to proceed. The ruling cites irreparable harm from delays. The $7bn project, 45% complete, can power 600,000 homes. read more
Trump's Return: Global Climate Change Impact and Uncertainties Ahead
#Trump #RenewableEnergyTrump's failed promise to revive coal power led to a nearly 40% drop in coal-fired generation as investors abandoned it. Trump 2.0's climate impact remains uncertain, with the focus shifting to China's renewable energy progress and global investment in non-fossil fuel energy. read more
Surge in Clean Energy Production Leads to Negative Electricity Prices
#RenewableEnergy #ElectricityPricesEurope's record number of negative electricity prices in 2024, due to renewable energy surplus, reflects progress and challenges. While benefiting consumers indirectly, the shift highlights the need for grid flexibility and storage solutions to support the energy transition. read more
"Spain's Olive Oil Producers Turn to Olive Stones for Fuel"
#Spain #RenewableEnergySpanish olive oil producers in Spain, facing soaring electricity bills, are utilizing olive stones as biomass for heating and electricity generation. Olive pits are being used in various sectors, such as aviation, as Spain’s largest olive oil producer embraces sustainability with stones as a key energy source. read more
"Inequality in Green Tax Credits Disadvantages Working-Class Americans"
#RenewableEnergy #IncomeInequalityWorkers installing solar panels in Scripps Ranch, San Diego are part of a residential solar installation. The Inflation Reduction Act's tax credits, intended for middle-class America, have mostly benefited wealthier families. This discrepancy poses a challenge for the US' renewable energy transition. read more
India Struggles to Balance Coal Dependence with Renewable Energy
#India #RenewableEnergyIndia has been significantly increasing its renewable energy capacity but still heavily relies on coal when electricity demand surges. With a growing population and need for more power, the transition to cleaner energy sources like solar faces challenges. read more
#RenewableEnergy #ClimateAction
"Fossil fuel is now considered the worst way to power machines, as many can be powered by renewables. In a firsthand account of fracking in New Mexico, the consequences of short-term decisions on the planet's well-being are revealed. " read more
#RenewableEnergy #SolarPower
President Joe Biden's landmark law aimed at bolstering renewable energy has significantly boosted solar company, First Solar. The company reaped billions in profits and stocks following aggressive lobbying efforts and wise investment of up to $10 billion in federal subsidies. read more
#RenewableEnergy #SolarPower
President Joe Biden's law focused on boosting renewable energy, notably benefiting First Solar, a major solar panel company, due to hefty lobbying efforts and donations to Democrats. The legislation, part of Biden's climate agenda, has propelled First Solar's stocks and profits. . read more
#RenewableEnergy #USChinaTradeRelations
Global demand for renewable energy is rising due to falling prices of solar panels, wind turbines, and EVs, driven by clean-energy subsidies and low-cost Chinese imports. However, US tariffs on Chinese cleantech risk hindering the green transition and may lead to job losses and inflation. read more
#RenewableEnergy #EnergyPolicy
A US energy panel approved a rule to expand transmission of renewable energy like wind and solar power to the electric grid. This move aligns with President Joe Biden's goal to eliminate carbon emissions by 2050. read more
#RenewableEnergy #ClimateCrisis
Renewables produced 30% of global electricity last year, a record high. The new Boxberg solar park in Germany, on a former coal mine, symbolizes progress. Climate scientists express despair, but Christiana Figueres urges stubborn optimism. read more
#RenewableEnergy #ClimateAction
Granite Shore Power agrees to close Merrimack Station in New Hampshire, the last coal-fired power plant in New England, by June 2028, converting it into a renewable energy park. Climate activists celebrate the victory as part of the transition to cleaner energy sources. read more