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Norway to spend $1.2 bln on renewable projects in developing nations

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 Wednesday, and urged private investors to work with it.

read more... 08/07/2021

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EBRD stops investing in upstream oil and gas to align with Paris goals

The European Bank for Reconstruction and Development (EBRD) will stop investing in upstream oil and gas projects as part of plans to align its activities with the goals of the Paris Agreement on climate change by the end of 2022, it said on Thursday.

read more... 02/07/2021

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Spain to tender renewable capacity in 175 grid nodes

The Spanish environment and energy ministry plans to tender grid injection capacity to new renewable power projects in 175 nodes across its transmission and distribution grids next year, it announced today.

read more... 01/07/2021

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Australia rejects $36 bln wind, solar, hydrogen project

The Australian government has rejected plans for a $36 billion wind, solar and hydrogen project in a remote area of Western Australia, leaving what would have been one of the world's largest green energy projects in limbo for now.

read more... 21/06/2021

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Campaigners ring alarm over EU funding for gas projects through the back door

The European Commission last week published an updated methodology to assess which gas infrastructure projects will be eligible to receive EU funding, triggering warnings by environmental groups and a senior member of the European Parliament.

read more... 21/06/2021

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