Latest Stories

ESG investment grows in Australia in 2020

2 September 2021

Australian investment in ethical investment funds rose by 30% in 2020 to A$1.28 trillion ($940bn) as ESG capital flows took a 40% share of invested funds.

Longi Green Energy sees improving results

2 September 2021

Longi Green Energy Technology Co. saw rising profits and revenues in the first half of 2021 as exports grew and output strengthened.

Sinopec to invest in hydrogen to meet carbon neutral targets

2 September 2021

China's Sinopec aims to spend CNY30bn ($4.6bn) on hydrogen by 2025 as the state company moves towards producing natural gas and hydrogen instead of oil as part of becoming carbon-neutral by 2050.

Siemens Gamesa to end selling onshore turbines in China

2 September 2021

Siemens Gamesa is to stop selling its onshore wind turbines directly in China and is considering an exit from Russia and other markets, chief executive Andreas Nauen told German business magazine Wirtschaftswoche.

FPRI BMB Ukraine: Ukraine records one of its hottest summers ever

2 September 2021

Summer 2020 was one of the hottest ever recorded in Ukraine. With the agriculture sector generating about a tenth of the country’s GDP and employing 22% of the population, experts suggest that Ukraine is more sensitive to climate change than many.

NNPC, Kaduna State sign MoU on gas supplies and utilisation

1 September 2021

Nigerian National Petroleum Corp. has entered into a memorandum of understanding with the Kaduna state government on increasing natural gas deliveries and consumption.

Ghana’s energy minister says government supports GNPC’s plan to acquire stakes

1 September 2021

Ghana’s government fully supports Ghana National Petroleum Corp. (GNPC) in its effort to secure stakes in key offshore oil and gas fields, Energy Minister Matthew Opoku Prempeh said earlier this week.

At least 480,000 people will require basic training globally for working on wind projects until 2025

1 September 2021

More than 480,000 people will require basic entry-level training for working on onshore and offshore wind projects globally until the end of 2025, according to a new report by the Global Wind Organisation.

More new US wind energy in 2020 than any other energy source

1 September 2021

More new wind project capacity was installed in the US in 2020 than any other energy source, says the US Department of Energy (DOE). Wind accounted for 42% of new US installations, says a new government report.

Vestas win 181-MW turbine order for Australia’s Dulacca Wind Farm

1 September 2021

Vestas and its partner RES Australia have secured a 181-MW deal for the Dulacca Wind Farm in Queensland, Australia, with Vestas supplying and installing 43 of its V150-4.2-MW wind turbines.

CBAM to have less bite than bark

1 September 2021

The cost of the EU’s proposed CBAM may turn out to be less than initially feared by exporters into the EU, a new report from Sandbag and E3G, two pro-green think-tanks, have found.

Dispute between Libyan Oil Ministry, NOC chief heating up

1 September 2021

The low-level political dispute between Libya’s National Oil Corp. and the Oil Ministry, a body created earlier this year by the Government of National Unity, appears to be heating up.

Angola seeks consultant to assess hydrocarbon potential of underexplored basins

1 September 2021

João Lourenço, the president of Angola, has issued an order outlining his administration’s plans to assess the hydrocarbon potential of the country’s unexplored and underexplored basins.

AfrElec: Eskom outlines ambitious $7.2bn investment in wind and solar

1 September 2021

South Africa’s Eskom aims to invest ZAR106bn ($7.2bn) in 5.6 GW of new solar capacity and 8.2 GW of new wind projects over the next decade in a bid to reduce emissions and lessen coal’s dominance of the economy.