Renewables

renewables wind

Britain’s plan to boost energy security by funding renewables

Renewables

Britain is set to unveil a plan to increase energy security and independence by investing in renewables as cleaner and more affordable energy sources. Wholesale gas and electricity prices have surged in Europe since Russia’s invasion of Ukraine last year, and the British government has been subsidizing household and business energy bills since October. Offshore …

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offshore wind

Scotland’s offshore wind leases to cut North Sea carbon emissions

Renewables, Wind

Crown Estate Scotland has granted 13 leases for offshore wind development, primarily to power North Sea oil and gas platforms. The goal is to reduce emissions from the sector by decarbonizing North Sea operations. The leases were awarded to BP, TotalEnergies, and UK renewable companies out of 19 bidders for a total initial investment of …

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agrivoltaics

Agrivoltaics: The intersection of solar power and sustainable agriculture

Renewables, Solar

Agrivoltaics, also known as “dual-use agriculture,” is a new and innovative approach that combines solar energy and food production. In the past, the choice between using land for agriculture or solar panels has been contentious. However, agrivoltaics allows for both to coexist and even benefit each other. Utilizing the same plot of land for solar …

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Why Britain's tax take could derail green energy targets

Why Britain’s tax take could derail green energy targets

Renewables

Britain has set ambitious targets to increase renewable green energy generation, particularly wind power, in order to reach net-zero emissions by 2050. However, industry officials have warned that these targets could be missed without policy changes. A cap on revenue and the lack of incentives offered to renewable energy producers are among the most contentious …

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Solar power in Latin America: A growing renewable energy hub

Solar power in Latin America: A growing renewable energy hub

Renewables, Solar

Latin America and the Caribbean are leading the way in solar power development, with a pipeline of projects that surpasses that of Europe and India. Although sun energy currently only generates a small percentage of the region’s electricity, the upcoming projects have the potential to increase solar energy supply by 70%. Solar energy in Latin …

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French investment of 87.5 million euros to boost African solar power

French investment of 87.5 million euros to boost African solar power

Finance & Investment, Renewables, Solar

French fund manager RGREEN INVEST and investment adviser ECHOSYS INVEST said on Friday that a new investment fund with 87.5 million euros ($92.63 million) will finance solar power production across Africa, with a concentration on West and Central Africa. According to the announcement, the first close of the AFRIGREEEN Debt Impact Fund would fund on- …

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The power of the ocean: Immense renewable energy source

The power of the ocean: Immense renewable energy source

Hydropower, Innovation & Technology, Renewables

The ocean is an immense source of renewable energy. It has the power to produce vast amounts of sustainable energy through the wave, tidal, and thermal energy sources. This energy can be used to power homes, businesses, and entire cities. Renewable energy is a rapidly growing industry as more and more people recognize the importance …

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