Renewable Energy Industry News
A collection of Renewable Energy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Global Renewables And Energy Efficiency Pledge at COP28: what is the tripling renewable energy target?
The pledge is neither legally binding nor a part of the official COP28 calendar. COP28 also has the issue of tripling renewable energy on its agenda, the outcome of which is being keenly awaited. What the pledge does is indicate that world leaders…
Hawaiian Electric begins negotiations on renewable energy projects
Hawaiian Electric is starting contract negotiations with developers of 15 renewable energy projects across the state that will “further reduce Hawaii's dependence on imported oil for power generation,” the company announced. The…
The Role of renewable energy in powering Kenya's Healthcare systems for a healthier and smart future.
KISII, Kenya, Dec 10 – As Kenya strives to enhance its healthcare infrastructure and provide quality healthcare services to its citizens, the role of renewable energy is becoming increasingly crucial in mitigating climate change effects.
Nuclear Power's Pivotal Moment at COP28
Among the less publicized achievements of COP28 has been a notable declaration by at least 20 countries, including the United States, the United Kingdom, Sweden and Canada to triple nuclear power capacity by 2050. This is a sensible science-based…
Saudi Arabia Is Trying to Block a Global Deal to End Fossil Fuels, Negotiators Say
Saudi Arabia, the world's leading exporter of oil, has become the biggest obstacle to an agreement at the United Nations climate summit in Dubai, where countries are debating whether to call for a phaseout of fossil fuels in order to fight global…
COP28 pledges meet only 30% of needed energy emission cuts, says IEA
Pledges made so far at the COP28 climate summit will only reduce energy-related greenhouse gas emissions by 30% of what is needed by 2030, the International Energy Agency said on Sunday, December 10. 'While the pledges are positive steps forward in…
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China says fossil fuels deal 'not perfect' but key to COP28 success
People stand outside the China Pavilion at the United Nations Climate Change Conference COP28 in Dubai, United Arab Emirates, December 6, 2023. REUTERS/Thaier Al-Sudani/File Photo Acquire Licensing Rights DUBAI, Dec 9 (Reuters) - China's top…
OPEC pursues charm offensive at COP28, for youths
DUBAI, Dec 10 (Reuters) - Oil producer group OPEC held an event on the sidelines of the COP28 negotiations in Dubai on Sunday aimed at convincing young people to support fossil fuels, whose future has caused deep splits among delegates at the…
Renewables' growing price advantage over fossil fuels paves way for industry dominance
Renewables are reaching the point where they are outcompeting fossil fuels on price — setting the stage for their predicted dominance of the energy sector by midcentury. When it comes to the surging demand for new electric generation, wind…
In the UAE desert, a mysterious beacon looms large. Experts say it could help Australia go green
About an hour south of Dubai – depending on the traffic that can often choke the streets of the Emirati capital – a giant tower rises like a beacon. Solar thermal power plants convert the Sun's rays directly into electricity via what…
China says fossil fuels deal 'not perfect' but key to COP28 success
DUBAI: China's top climate diplomat on Saturday said a final agreement on fossil fuels at the United Nations COP28 summit was crucial - even if not perfect - but he declined to say whether the country could agree to eliminating coal, oil and gas…
COP28 'will give us a future or be the graveyard of 1.5' warns Mary Robinson
COP28 will either go down in history as the climate summit that “give us the future or will be the graveyard of 1.5” warns Mary Robinson. The Elders leader and former Irish president travelled to the UN summit in Dubai to help deliver…
'I will not give up' on push for Gaza humanitarian ceasefire: Guterres
“The preeminent forum for the peaceful resolution of international disputes is paralysed by geostrategic divisions”, António Guterres told the Doha Forum taking place in Qatar, following Friday's meeting in New York during…
Climate talks' newest threat: Interest rates
But rising interest rates have imperiled these goals. Interest rates were one reason developers gave for canceling major offshore wind projects in recent months, including two projects near New Jersey by the Danish company Ørsted and a…
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Big divisions loom over fossil fuels as COP28 talks head into final phase
[1/2]Climate activists protest against fossil fuels at Dubai's Expo City during the United Nations Climate Change Conference COP28 in Dubai, United Arab Emirates, December 8, 2023. REUTERS/Thomas Mukoya Acquire Licensing Rights More than 80…
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