The European Union has upheld a ruling that countries have the right to limit subsidies for renewable energy to plants based on their territory, as opposed to companies’ operations abroad.
Germany’s Bundestag, the lower house of parliament, has approved a range of reforms of the country’s renewable energy act (EEG) in an attempt to slow energy cost increases and achieve a sustainable energy transition.
The US has moved to close a loophole that allowed Chinese solar manufacturers to avoid anti-dumping and anti-subsidy tariffs by assembling their products outside China.
South Africa’s state-owned generating utility, Eskom, has postponed the selection of the winning bid to replace six steam generators at the Koeberg nuclear power station.
US President Barack Obama’s administration is set to unveil his proposals for emissions limits on power plants across the US in early June.
German industrial giant Siemens AG announced that it will buy large parts of Rolls-Royce PLC’s energy business in a move aimed at strengthening the German company’s power generation and transmission business.