Global Wind Day: Sweden’s Vattenfall to build world’s biggest offshore wind farm
Swedish state-owned multinational power company Vattenfall has made the final investment decision on building the world’s biggest offshore wind farm, Hollandse Kust Zuid, with a capacity of 1.5 GW. The announcement comes ahead of Global Wind Day, June 15. Vattenfall said that the future wind farm, located in the Dutch North Sea, is targeted for […]
Climate targets warrant closure of all gas, coal power plants soon, study shows
If solutions to turn emissions negative aren’t scaled up substantially in the mid-term to cap global warming, there is little choice but to decommission facilities for the production of electricity from fossil fuels at roughly half of their lifespans. International climate treaties and goals imply gas and coal power plants must be decommissioned 10 to […]
India awards USD 6 billion solar power contract to Adani Green Energy
India’s state renewable energy agency SECI has awarded a USD 6 billion contract to domestic renewables company Adani Green Energy Limited to develop a total of 8 GW of solar power projects over five years and set up solar cell and module manufacturing capacities totaling 2 GW. The first 2 GW of generation capacity will […]
Electric vehicle prices declining as average range goes up
The prices of electric vehicles have been declining, while their average range has grown, making them more attractive to customers, according to a report by Lux Research, a US-based provider of tech-enabled research and advisory services. Battery electric vehicles (BEV) are consistently making progress on how far they can go, with the average range now […]
World Oceans Day 2020: Exploring innovation to protect oceans
The United Nations (UN) is celebrating this year’s World Oceans Day focusing on innovative solutions from around the globe that can help ensure a sustainable management of the world’s oceans amid unprecedented threats they face due to human activity. The UN’s virtual conference marking World Oceans Day 2020, to be followed by events throughout World […]
World Environment Day 2020: Here’s what we can do for nature
We are marking June 5 at a time when most countries are struggling to overcome the blow that the COVID-19 disease and its consequences are delivering on healthcare systems, transportation, manufacturing and a wide range of services. On World Environment Day, people, organizations, institutions and companies are taking the opportunity to act or enhance their […]
IRENA: Renewables increasingly cheaper than coal competitors on cost
IRENA found 56% of renewable capacity added last year achieved lower electricity costs than new coal power plants. Furthermore, by the end of 2021 it would be cheaper to build new photovoltaic facilities than to keep running active coal power plants of as much as 1.2 TW, more than half of the world total. New […]
Beyond Leather wins clim@ 2020 competition with apple-based clothing material
The clim@ 2020 finals were held online today and the top 15 startups held virtual presentations to the judges. They decided Beyond Leather from Denmark was the best project, with its vegan product for the fashion industry. The contest is organized by Finance in Motion on behalf of the Green for Growth Fund (GGF). Renewable […]
