News
News
March 14, 2023
EU unveils measures to prevent industrial decline amid green transition
The European Union is a global leader in reducing carbon emissions, but it is also taking steps to ensure that the green transition does not turn it into an industrial desert, with a raft of measures set to be announced next week.
March 10, 2023
Canada eyes bigger share in global green technology sector
Canada will boost investments in the green transition in this year's budget to compete with massive U.S. incentives, but the aim is to claim a portion of the growing clean-tech industry, not to go head-to-head with the world's biggest economy, a senior Ca
March 08, 2023
EU to propose new rules for boosting renewable energy production
The European Union's executive body is ready to provide permissions, regulatory support, and easier access to public and private investment for some key green technologies, according to its draft document.
March 02, 2023
Gas shortage is unlikely to hit Germany next winter, research suggests
Germany is not likely to encounter a gas crisis this winter and should postpone the conversion of floating liquefied natural gas (LNG) terminals to fixed ones, a report by the DIW economic institute said.
March 01, 2023
Germany scales up energy transition to strengthen renewables industry
Germany has identified three core measures including financial support to boost energy transition technologies as well as increased green power generation and transmission to regain its position, Economics Minister Robert Habeck said on Tuesday.
February 23, 2023
Germany to quicken power market reform amid rising demand, minister says
Germany must act quickly to meet its renewable energy targets if it wants to keep the lights on amid rising energy demand, Economy Minister Robert Habeck said.
Habeck is looking to overhaul the 550 terawatt hours (TWh) per year market, as demand rises
February 22, 2023
Habeck is looking to overhaul the 550 terawatt hours (TWh) per year market, as demand rises
Indonesia’s energy transition continues to face headwinds
Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.
Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
February 22, 2023
Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
Europe may face tighter energy shortage next winter, IEA's head warns
Fatih Birol, head of the International Energy Agency (IEA), has warned of potential energy shortages next winter due to a lack of new liquefied natural gas (LNG) entering the market, while China's appetite is set to rise this year.
February 20, 2023
Supply chain, red tape hamper European renewables projects: RWE CEO
The most significant barriers to rapidly expanding renewable energy in Europe are supply chain capacity and an uncertain investment environment, according to Markus Krebber, CEO of Germany's largest utility RWE.
February 18, 2023
Australian solar firm Vast merges with Nabors SPAC
Australian renewable energy firm Vast Solar has agreed to merge with a special purpose acquisition company (SPAC) backed by Nabors Industries (NBR.N) in a transaction valued at $586 million.