News
RE Energy
February 21, 2023
Amazon funds $1.6 million for carbon-sequestering seaweed farm
Amazon.com has awarded 1.5 million euros ($1.6 million) to a Dutch project testing the feasibility of commercially producing seaweed in between turbines of offshore wind farms, the company and organisers said.
February 20, 2023Vietnam to postpone rules for offshore wind development
A European Union business representative said that Vietnam may not have a legal framework to regulate offshore wind farms until next year, potentially deferring billions of dollars in foreign investment in the sector.
February 18, 2023Australian 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.
February 18, 2023Skills shortage crisis threatens EU renewables targets
The European Union's ambition to rapidly expand solar and wind power relies on a big increase in the solar and wind workforce during a difficult hiring season.
February 15, 2023Philippines' Citicore IPO to fund $4 bn investment in renewables
Citicore Renewable Energy Corp, one of the Philippines' leading solar power producers, has revealed plans to go public this year. It expects the share offering to contribute to a $4 billion investment in solar projects over the next five years.
February 14, 2023Canada greenlights North America’s first green hydrogen production facility
Canadian start-up EverWind Fuels has secured the first environmental approval for the first phase of its commercial-scale green hydrogen and green ammonia plant in North America.
February 13, 2023Switzerland’s solar dam helps fill winter energy gaps
Swiss energy firm Axpo has built a snaking wall of solar panels on Switzerland's longest dam to maximize green energy generation throughout the winter months.
February 09, 2023Solar to account for 53% of new US generation capacity additions in 2023: IEA
The Energy Information Administration (EIA) predicted that U.S. developers will install 54.5 GW of new electric generating capacity in 2023, with more than half coming from solar energy.
February 08, 2023Coal miner Seriti to build South Africa's biggest wind farm
South Africa-based coal producer Seriti Resources’ green energy unit subsidiary has announced plans to build a wind farm in Mpumalanga.
February 06, 2023Scotland expects renewables boom with EU’s largest energy storage complex
The new battery storage facilities worth £900 million in Scotland will improve resilience during downtime, according to Michael Matheson, cabinet secretary for Net Zero, Energy, and Transport.