News
News
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Could a $900m bid buy a piece of New York seabed?
Companies have so far pledged billions for the rights to build offshore wind farms in a stretch of the Atlantic between New York and New Jersey. As of 24th February, bids exceeded $3.35 billion (£2.5bn) in the New York Bight flagship offshore wind auction. The highest bid has been $900 million (£671m) for a lease […]
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Africa chasing the wind from as high as it gets!
Wind power generation in Africa is set to reach new heights after the installation of what is described as the continent’s tallest wind turbine. The 144 metre-tall wind turbine does not use typical large cranes which are normally seen on conventional wind turbine installations. Thanks to the extra height coming from its tower, the wind […]
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Masdar and W Solar Investment form joint company
Masdar and W Solar Investment have formed a joint venture company to develop clean energy projects across the world. This new company, MW Energy, already has an initial pipeline of projects with a total capacity of 8GW. Africa and Central Asian countries including Kazakhstan, Tajikistan and Turkmenistan will be the focus of renewable installations. It […]
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US announces $150m to cut emissions from energy tech and manufacturing
The US Department of Energy (DOE) has announced $150 million (£112m) in funding for research on increasing efficiency and cutting carbon emissions from energy technologies and manufacturing. It will support topics in basic chemical and materials research, including new clean energy approaches, which are expected to help towards the development of solar and nuclear energy […]
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Canada provides $4.4m boost for home energy efficiency
The Government of Canada has announced an investment of more than CAD$4.4 million (£2.6m) to support energy efficiency measures in the residential sector across the country. The Canadian Home Builders’ Association (CHBA) will use the funding for energy retrofits in houses and low-rise multi-unit residential buildings to demonstrate various approaches that can be used to […]
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Europe needs more wind!
The European wind energy capacity installed in 2021 was less than half of what Europe should be building to hit its 2030 energy and climate goals. That’s one of the findings of a report by the association WindEurope which estimates some 17GW of capacity was installed last year. The study found that nearly 81% of […]
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Renewable Energy Group boosts biodiesel production
Renewable Energy Group (REG) has announced a new facility in Germany that will accelerate its production of cleaner fuels made from feedstocks. Waste fats and oils will be converted to bio-based diesel at the site in Emden and then used in transport to lower emissions. It currently produces 50 million gallons each year of biodiesel, […]
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bp sponsorship ends for major London museum
The National Portrait Gallery and bp have announced they will cut ties after almost 30 years. The energy company has been the main sponsor of the Gallery’s annual Portrait Award. bp said all its partnerships and initiatives are under review to ensure that these are in line with the company’s new strategy. Last year, the […]
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Oxford University ‘took at least £1.6m in donations from the fossil fuel industry’
Campaigners have claimed that Oxford University received at least £1.6 million in donations from oil and gas giants. A report suggests that Oxford University received donations from oil and gas and petrochemical companies in the financial year 2020-2021 despite its 2035 net zero commitment. The authors of the report, students of the university had previously […]
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New IPCC report to ring alarm on climate change
A new report warning about the devasting effects of climate change will be published next week. It will reportedly be the first major report from the Intergovernmental Panel on Climate Change (IPCC) since November’s COP26 summit at Glasgow. The IPCC is a scientific body created in 1988 by the World Meteorological Organization and the United […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas