Fashion giants Tommy Hilfiger, Calvin Klein take lead in rooftop solar
Fashion company PVH Europe installed the world’s biggest solar roof at its distribution hub in the Netherlands
IEA: Solar PV is to become “king” of power supply in decade ahead
Solar PV appears set for massive expansion, with a projected average growth rate at 13% a year from 2020 to 2030, meeting almost a third of electricity demand growth over the coming decade and becoming the new “king” of power markets, according to the International Energy Agency’s (IEA) World Energy Outlook (WEO) 2020 report. “I […]
Climate tech investment poised for boom in decade ahead, PwC report implies
Startups in climate tech, a broad set of sectors tackling the decarbonization of the global economy with the aim of reaching net zero emissions before 2050, attracted some USD 60 billion in venture capital investments in the 2013-2019 period, growing by as much as 3750% over the seven year period. This appears to have set the […]
GGF wins UN’s Principles for Responsible Investment award
This year’s winner of the UN-initiated Principles for Responsible Investment (PRI) award in the “Real-world impact initiative of the year” is Green for Growth Fund (GGF), one of the first specialized vehicles to invest in renewables and energy efficiency. The Principles for Responsible Investment was founded in 2006 by the UN Secretary-General Kofi Annan. Since […]
China completes world’s second-largest solar power plant
Huanghe Hydropower Development connected its photovoltaic park of 2.2 GW to the grid. The second-biggest solar power plant in the world is located in Qinghai, China, and includes an energy storage system of 202.9 MW supplied by domestic company Sungrow. It is part of a giant renewables project, which is planned to reach 16 GW. […]
China pledges carbon neutrality by 2060
China, the world’s largest emitter of greenhouse gasses, has pledged to become carbon neutral by 2060. The pledge was given by Chinese President Xi Jinping during his speech at the general debate of the 75th session of the United Nations General Assembly. Jinping spoke via video link. The pledge was given by Chinese President Xi […]
ColdHubs keeps farmers’ products cool with off-grid solar technology
Photovoltaic technology is becoming more affordable, which enabled ColdHubs of Nigeria to offer low prices for the use of its off-grid cold rooms. This year’s clim@ finalist’s invention is helping farmers and green market vendors preserve fruit and vegetables. Less food waste ultimately means less hunger. The tragical impression that perishing food makes in a […]
Ten lessons learned from the pandemic crisis to be applied in combating climate change
Author: Danko Kalkan, Green Finance and Environmental Management Expert at ProCredit bank What are the similarities and differences between the pandemic and climate crisis and why is the latter underrated? Although there are numerous similarities between these two types of crisis, they are fundamentally different. Still, there are several lessons we could learn and apply […]