Thursday, 30 January 2025

Focus on Electricity

AnalysisClimate FinanceCritical MineralsEconomyElectricityEmissionsOpinionReportsSolarStorageWind

Clean energy adoption in Global South overtakes North on path to growth

The Global South is adopting renewable energy technologies at a faster rate than the Global North: Rocky Mountain Institute (RMI)

Sebastian Tirintica sits backdropped by solar panels in the RenewAcad training center in Petrosani, southern Romania, Friday, Oct. 11, 2024. (AP Photo/Vadim Ghirda)
AnalysisClimate FinanceCoalEconomyElectricityLabourMiningPoliticsRegulationsSolarWind

As coal plants shut in Romania, some miners transition to green energy while others are reluctant

Romania's coal workers resist retraining for green jobs despite industry decline, fearing change amid political inaction.

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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NextEra beats Q3 profit estimates on renewables strength

NextEra Energy's third-quarter profit beat Wall Street estimates on Wednesday, helped by strength in its renewables unit.

Nationwide Building Society is offering interest-free loans of up to £20,000 to help its mortgage customers make their homes more energy efficient (Mike Egerton/PA)
BuildingsConstructionEconomyElectric Vehicles (EVs)ElectricityNewsSolar

UK bank Nationwide Building Society will offer bigger interest-free loans for green retrofitting

The bank is offering interest-free loans of up to £20,000 to help its mortgage customers make their homes more energy efficient.

FILE PHOTO: The Tesla Energy Powerwall Home Battery is unveiled by Tesla Motors CEO Elon Musk during an event in Hawthorne, California April 30, 2015. REUTERS/Patrick T. Fallon/File Photo
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Tesla to sell home battery system in Japan through Yamada chain, Nikkei reports

Tesla, the EV giant, aims to speed up distribution of its home battery system in Japan by partnering with Yamada Holdings.

FILE PHOTO: A person enters the JPMorgan Chase & Co. New York headquarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly/File Photo
BusinessClimate FinanceElectricityEnvironmentNewsSolarWind

Finance guide could spur extra $200 billion for sustainable development, JPMorgan says

A JPMorgan executive says a new finance guide could unlock an extra $200B annually for projects with positive social or environmental impact.

The logo for Eletrobras, a Brazilian electric utilities company, is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 9, 2019. REUTERS/Brendan McDermid
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Eletrobras, Ocean Winds agree to assess offshore wind projects in Brazil

Brazilian power firm Eletrobras signs MoU with Ocean Winds to study the development of offshore wind farms in Brazil.

Land-based wind turbines spin in Atlantic City, N.J., on Nov. 3, 2023. (AP Photo/Wayne Parry)
BusinessElectricityInfrastructureNewsRegulationsTransmissionUtilitiesWind

Big offshore wind project proposed for New York as other sites are evaluated in three states

Offshore wind projects in NY, NJ, and MD advance amid regulatory reviews and escalating legal challenges from opponents.

Plants grow through an array of solar panels in Fort Lauderdale, Florida, U.S., May 6, 2022.   REUTERS/Brian Snyder/File Photo
BusinessEconomyElectricityIndustryInfrastructureManufacturingNewsSolar

US extends semiconductor tax breaks to some solar factories

The U.S. extends a tax break to solar wafer makers, aiming to boost domestic production and reduce reliance on China.

'Green' hydrogen is at a relatively early stage of development and requires substantial investment (AFP)
AnalysisBusinessCoalEconomyElectricityFuelHydrogenNatural GasNewsOilPolitics

Windfall tax backlash menaces Spain’s green energy sector

Spain's government has infuriated banking and energy giants by wanting to maintain a windfall tax on them, threatening crucial investments for the country's...

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