Bill Gates and EU Launch €100m Clean Energy Investment Fund

A new €100 million (£88m) clean energy investment fund has been launched by a fund led by Bill Gates, the European Commission and European Investment Bank (EIB). Initially announced in October last year, Breakthrough Energy Ventures Europe (BEV-E) will support Europe’s best clean energy entrepreneurs whose solutions can deliver “significant …

Most Technologies and Sectors ‘Not Keeping Pace with Long-Term Energy Goals’

Most technologies and sectors are not keeping pace with the long-term goals of the clean energy transition. That’s according to the International Energy Agency (IEA), which suggests many types of energy asset are not adequately working towards its Sustainable Development Scenario (SDS) targets to tackle climate change, deliver energy access …

Microsoft Inks PPA for Dutch Offshore Wind Energy

Microsoft has signed a new deal to buy electricity from a 713.5MW offshore wind farm in the Netherlands. It is purchasing 90MW of power from the Borssele III/IV wind farm under a power purchase agreement (PPA) with Dutch developer Eneco. Electricity generated from the offshore wind farm will be used …

Nearly Every US National Park Is Plagued by ‘Significant’ Air Pollution

A new report outlines the disastrous effects that air pollution is having on our national natural treasures. In 1916, President Woodrow Wilson signed the National Park Service Organic Act, a federal law that established the National Park Service (NPS). The role of NPS would be to oversee Federal areas known …

World Bank Launches New Fund to Support ‘Climate-Smart’ Mining for Low Carbon Tech

The World Bank has launched what is claimed to be the first ever fund dedicated to making mining for the low carbon energy transition “climate-smart” and sustainable. The Climate-Smart Mining Facility, targeting a total investment of $50 million (£38.2m), will support the sustainable extraction and processing of minerals and metals …

Microsoft Inks Deal for Hydropower in Washington

Microsoft has signed a new five-year agreement to buy hydropower for its campuses in Washington. The deal has been inked with the Chelan County Public Utility District (PUD) for its Puget Sound campuses to be powered entirely by local hydro. Microsoft is also in the final stages of negotiating an …

The First Solar Plant Owned by the Citizens in Croatia

Even though the price of solar panels is constantly decreasing, a solar plant is still out of most citizens’ budget. However, what if we split its construction costs with 52 people and get a 4.5 per cent annual interest rate on the invested funds? Sounds tempting, right? Technological solutions are available, …