The International Energy Agency has published its Energy Technology Perspectives 2015 (ETP 2015). The report shows that despite a few recent success stories, clean energy progress is falling well short of the levels needed to limit the global increase in temperatures to no more than 2°C.
In its annual shareholders meeting in Essen, E.On's Supervisory Board Chairman and CEO Johannes Teyssen updated shareholders on progress in dividing the company into the future E.On and a new company known as Uniper.
A key UN climate fund ran into difficult yesterday as major donors including Japan and the United States failed to meet a deadline for converting their pledges of climate aid into signed agreements.
Tesla Motors is set to announce a new battery pack that could revolutionise the energy market.
Cobra Energia, the renewable energy developer, has received $254 million in loans from a group of financing companies led by Natixis SA for two wind projects in southwest Peru.
Ancala Renewables, the London-based infrastructure developer, has bought Scottish hydropower company, Green Highland Renewables (GHR).
The Government of Brazil has announced the launch of an investment fund of $6.5 billion, which will be used to create renewable energy generation projects in the country's northeastern region.
The National Thermal Power Corporation (NTPC), India's state-run power generator, is aiming to develop 5000 MW of solar power capacity in the next two years, which is a third of its 15 000 MW target over the next seven years in India. This target represents a fifty-fold increase from the current levels of solar capacity.
The United States has submitted its target to cut net greenhouse gas emissions to the United Nations Framework Convention on Climate Change (UNFCCC). The submission, referred to as an Intended Nationally Determined Contribution (INDC), is a formal statement of the US target, announced in China last year, to reduce our emissions by 26-28 per cent below 2005 levels by 2025, and to make best efforts to reduce by 28 per cent.