REM - Renewable Energy
Suncor’s CEO, Mark Little, has warned that the energy transition could prove as disruptive to oil demand as COVID-19 but has suggested that Canada’s oil sands industry could play a leading role in driving low-carbon growth.
With solar PV costs falling 92% since 2010, renewables are now more and more competitive than coal.
France’s EDF and China Energy Investment (CEI) have signed the final joint venture agreements to create a new company to run 502 MW of offshore wind capacity at the Dongtai IV and Dongtai V projects in Jiangsu Province.
Siemens Gamesa has won a firm order from Iberdrola-owned Ailes Marine to supply 62 turbines to France’s 496-MW Bay of Saint Brieuc offshore wind farm.
MHI Vestas has confirmed a deal to supply 1,140 MW of turbines for the UK’s Seagreen offshore.
The UK government has delayed until July 1 any decision to approve 4.2 GW of offshore wind capacity at Vattenfall’s 1.8-GW Norfolk Vanguard and Ørsted’s 2.4-GW Hornsea Three projects.
Ukraine’s renewable energy companies appeal to the IMF for help in row with government over green tariffs
The EU's €750bn ($829bn) recovery fund could be financed by including aviation and shipping in the EU carbon market
The US government has extended ITC and PTC deadlines for green projects