Ukraine is to build its largest ever wind farm. The European Bank for Reconstruction and Development (EBRD) has issued a loan of €150 million (£130m) to the country for the construction. Upon completion, the 250MW project will generate enough renewable electricity to power around 100,000 houses, while also reducing carbon …
Global coal generation is plunging into a ‘death spiral’. That’s the verdict from environmental think-tank Carbon Tracker, which has published a new report suggesting 42% of the world’s operating coal fleets are already unprofitable due to high fuel costs. It expects a combination of renewable energy costs, air pollution regulation …
If Australia maintains its current rate of solar and wind installations through the next decade, the industry could feasibly account for 78% of the country’s electricity supply along its west and east coast main grids, a substantial increase from its current contribution of 22.5%. Australian energy analysts Green Energy Markets …
French President Emmanuel Macron has said the nuclear-reliant nation will close 14 of its 58 operational nuclear reactors by 2035. The leader added between four and six facilities will be closed by 2030 but warned that reducing the proportion of the energy mix derived from nuclear sources does not mean …
Europe’s power sector could be fully decarbonised by as early as 2045. That’s according to a new study from Eurelectric, which says the region could beat the 2050 targets set out by the Paris Agreement through electrifying key economic sectors. The report suggests increased investments in renewables and grids will …
A new analysis from independent financial think tank Carbon Tracker has concluded that it would be cheaper to build new solar PV and onshore wind capacity in Indonesia, Vietnam, and the Philippines by the end of the next decade rather than continue operating existing coal-fired power plants. Carbon Tracker published …
An island in Scotland is to be powered by electricity for 24 hours for the first time ever. Fair Isle, located between Orkney and Shetland and currently home to 55 people, has only had access to power between 7.30am and 11.30pm every day. It will now benefit from around-the-clock electricity …
