Navigating energy procurement in a net zero world
Chris Maclean, chief executive of True, discusses the importance of energy procurement in the climate crisis and how it will help businesses transition to renewable solutions.
Chris Maclean, chief executive of True, discusses the importance of energy procurement in the climate crisis and how it will help businesses transition to renewable solutions.
The UK government has awarded $1 million (£802,000) to a US-led consortium to help develop a new type of water turbine.
The UK has fallen down EY’s biannual ranking of the attractiveness of renewable energy investment markets by three places to seventh.
The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe Biden’s end-of-the-decade goal for building out offshore wind energy, a component of the US plan to eventually reach net zero.
Terrawatt is a renewable energy startup specialising in solar power, with a focus on the Italian public energy market.
Green hydrogen start-up Electrogenos has unveiled new efficiency figures and a 25% cost reduction for its electrolyser technology as it seeks investors to continue its ambitious growth plans.
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years even as deployments of clean energy head for an annual record.
Orsted A/S (CPH: ORSTED) shares slumped to their lowest level in six years after the Danish utility dropped two US wind projects and recorded 28.4 billion kroner ($4 billion) in impairments as the crisis in the wind industry is only getting worse.
An excess of planned renewable energy projects seeking to link to the UK’s electric grid threatens to discourage investment in the sector, putting the nation’s climate targets at risk, according to a report commissioned by Centrica Plc, the parent of British Gas.
Wind-farm developers are lobbying the UK government to give them more tax breaks in the fall budget, arguing that rising interest rates and supply-chain costs are putting the viability of some new projects in doubt.