Siemens Energy shakes up troubled wind unit after strong results
Siemens Energy unveiled sweeping changes at its struggling wind division on Wednesday, including job cuts and a new CEO, tightening
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Renewables
Renewables provided record 30% of global electricity in 2023, Ember says
Growth in solar and wind power pushed renewable generation to a record 30% of global electricity production in 2023, putting
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Portuguese court declares levy on renewable utilities unconstitutional
Portugal’s Constitutional Court has declared an extraordinary levy on renewable energy utilities illegal, backing a challenge from companies that have
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A2A acquires permit to build one of largest solar farms in northern Italy
A2A, opens new tab said on Tuesday it acquired a majority shareholding in a solar venture, in a new step
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What Powell’s interest rate comments mean for green investment
On Wednesday, Federal Reserve Chair Jerome Powell offered a two-part message to eager interest rate watchers. The Fed is unlikely
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Italy split on possible solar plant curbs that may jeopardise green goals
Italy’s rightwing coalition is split over a possible ban on the installation of solar panels on agricultural land, according to
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Microsoft, Brookfield to partner on renewable energy projects
Canada’s Brookfield Asset Management, opens new tab and technology giant Microsoft (MSFT.O), opens new tab will develop new wind and
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Engie to divest from Morocco’s Safi coal plant before 2027
French energy firm Engie (ENGIE.PA), opens new tab plans to sell its stake in Morocco’s largest coal plant in Safi (SAFIEC), to
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Higher interest rates pose risk to renewable sector, hurting energy transition, say analysts
Higher interest rates could pose a risk for renewable energy sector, complicating the global push for a switch to sustainable
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Ghana signs deal with China for construction of HPR1000 nuclear power project
Nuclear Power Ghana Limited and China National Nuclear Corporation Overseas Limited have on Tuesday signed a cooperation and framework agreement for the construction of
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