Oslo : Scatec ASA, a leading renewable energy company in emerging markets, has been recognised for its leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual ‘A List’. Based on data reported through CDP’s 2022 Climate Change questionnaire, Scatec is one of a small […]
Norway to Spend $1.2 Bln on Renewable Projects in Developing Nations
The climate fund, administered by the Norwegian Investment Fund for developing countries, Norfund, will from next year support projects to reduce dependence on fossil-fuels, especially coal OSLO : Norway will allocate 10 billion crowns ($1.16 billion) over five years towards renewable energy investments in developing countries to cut greenhouse gas emissions, the government said on […]
Indigenous peoples urge Harvard to scrap solar geoengineering project
Saami Council to send letter calling for research to stop * U.S. project backers argue need to investigate the technology * Greta Thunberg says geoengineering could hurt vulnerable poor By Alister Doyle OSLO, June 9 (Thomson Reuters Foundation) – Indigenous peoples from around the world on Wednesday urged Harvard University to abandon a project to […]
Ford’s Electric Mustang Tops Norway Car Sales in May
By exempting fully electric vehicles from taxes imposed on internal combustion engines, Norway has turned its car market into a testing ground for automakers seeking a path to a future without fossil fuels. OSLO : Ford Motor Co’s electric Mustang Mach-E topped Norway’s car sales in May, the first full month of registrations for the […]
TechnipFMC, Norway’s Magnora to develop floating wind power
The partnership, called Magnora Offshore Wind, plans to apply for acreage off Scotland and Norway in tenders this year and will explore production of emissions-free hydrogen. OSLO: TechnipFMC and Norway’s Magnora will join forces to develop floating wind power projects, the offshore technology provider and renewable energy firm said on Thursday. The partnership, called Magnora […]
Scatec to invest $11.8 bln in renewable energy in the next 4 years
It maintained its goal of hitting a capacity of 4.5 GW by the end of 2021 OSLO:– Norwegian renewable energy producer Scatec plans to invest 100 billion Norwegian crowns ($11.8 billion) by the end of 2025 in a drive to increase output capacity fivefold, the company said on Tuesday. Scatec produced just over 3 gigawatt […]
