The EU and U.K. have ambitious goals. Now the wind sector can turn its attention to delivery. Even for an offshore wind industry that is accustomed to all things being supersized, last week was a big week. On Wednesday the U.K. released its 10-point plan to achieve its target of net-zero carbon by 2050. At […]
ANALYSIS-Africa shrugs off net-zero emissions push without finance to follow
Of its 54 countries, only South Africa has set a net-zero aim – and failure to revamp policies to benefit from a global low-carbon shift may mean Africa misses out on investment LONDON: As more countries, cities, investors and businesses set net-zero emissions goals, they now cover about half of the world’s economy – but […]
Renewables Buoy RWE and EDF as Clean Energy Outlook Brightens
RWE forecasts 10 gigawatts of cumulative renewables deployments by the end of 2020; EDF has nearly 40 GW of wind and solar in its pipeline. Two of Europe’s major utilities have demonstrated the signs of a post-coronavirus lockdown recovery, highlighted by growing renewables capacities. EDF and RWE both reported their Q3 results at the end […]
The Hype and Hope of Sahara Desert Green Hydrogen
Past supergrid plans have failed. Can a transcontinental hydrogen pipeline connect the energy futures of Europe and Africa? Desert energy is back. As the European Union sets its sights on a green hydrogen boom as part of its plans to meet decarbonization pledges and rebuild economies ravaged by the COVID-19 pandemic, North Africa has emerged […]
Chemicals Giant Ineos Targets the World’s Cheapest Green Hydrogen
Ineos’ experience using giant electrolyzers for chlorine production could be the foundation for a low-cost green hydrogen business. It seems everyone wants to get in on the ground floor when it comes to green hydrogen. Utilities and oil majors both have a head start with their mixture of renewable power capacity, gas transmission assets and […]
5 Would-Be European Giga-Scale Solar Manufacturers
Solar manufacturing has strategic importance in Europe. Here are five companies hoping to scale up and take advantage. Solar’s global shift from fringe to mainstream is a story Made in China. The likes of Jinko Solar, Trina Solar and Longi have dominated. They scaled first and fast — with more than a little help from […]
Spanish solar equipment firm Soltec plans 150 mln euro IPO
Soltec aims to raise 150 million euros ($177 million) to fund its expansion in the fast-growing solar energy market, it said in a statement, but did not say how much of the company would go public MADRID: Soltec, a Spanish manufacturer of equipment for solar power plants, said on Tuesday it plans a stock market […]
Can the US Catch Up in the Green Hydrogen Economy?
A new report highlights the massive potential to decarbonize transport, industry and power grids — and the massive investments needed to get there. The U.S. needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential […]
Don’t Repeat Solar Mistakes With Hydrogen, IEA Chief Warns Europe
Europe is at the vanguard of the embryonic hydrogen economy. It’s been in a similiar position before. Europe must not repeat the same mistakes it made with solar manufacturing in the emerging hydrogen sector, the executive director of the International Energy Agency (IEA) has warned. A string of European research institutes and pioneering companies developed […]
WoodMac: Energy Sector Faces ‘Darwinian Challenge’ to Tame Climate Change
The world is on course for 2.8 to 3 degrees Celsius of warming as existing infrastructure weighs heavy and COVID-19 slows progress. The world is on course to sail past the recognized “safe” level of 2 degrees Celsius of warming to as much as 3 degrees Celsius, according to the latest Wood Mackenzie Energy Transition […]