News
Global
March 30, 2023
Iberdrola, Amazon to co-develop large-scale wind, solar power
Spanish utility Iberdrola and Amazon have signed a PPA to develop large-scale renewable projects in collaboration.
March 22, 2023Netherlands plans to build 500 MW offshore green hydrogen project in North Sea
The Dutch government has unveiled its plans to construct a large-scale hydrogen production facility to covert wind power into hydrogen in the North Sea.
March 20, 2023EU unveils Net-Zero Industry Act in response to IRA
The European Union has introduced a range of fresh initiatives to foster green technology and secure raw materials, in an effort to maintain its competitive edge against the U.S. and China amid growing global protectionism.
March 16, 2023Germany plans to launch long-term subsidy scheme to cut industry emissions
Germany seeks to launch a subsidy program for industries in April to help them transition to carbon-neutral production, according to a document released on Tuesday, as Europe's largest economy explores measures to make industry carbon-neutral by 2045.
March 16, 2023ING to restrict financing of oil, gas trading against climate change
ING Group NV, a leading global lender to commodities trading, has announced its plans to cut the volumes of oil and gas deals it finances as part of its efforts to markedly reduce the company's carbon footprint.
March 14, 2023EU 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 13, 2023U.S. solar industry set to rebound in 2023: report
New solar installations in the U.S. dropped 16% to 20.2 GW in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report released on Thursday.
March 10, 2023Canada 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 09, 2023EU draft reveals plans to lock in more fixed electricity prices
The European Union has drafted plans to extend the use of contracts that pay power plants a fixed price for electricity, as part of its power market reform to protect European consumers from big price swings.
March 08, 2023EU 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.