The Sri Lankan Government has announced that it is stepping up efforts to achieve 70 per cent renewable energy share in power generation by 2030, in partnership with private sector investments.
Going carbon neutral is a huge undertaking for any company. Pre-planning a route with regular, achievable goals and recognising the importance of accountability will make the journey easier.
By Mark Doyle, Corporate Accounts Manager at Gazprom Energy
The Bank of the Philippine Islands (BPI) has announced that by 2033 it aims to stop all lending to coal-fired power projects and channel more funds to renewable energy projects.
Mitsubishi has announced that it will increase the share of renewable energy sources in its power generation business from the current 30 per cent to over 60 per cent by 2030.
The UK government’s decision to end the Non-Domestic Renewable Heat Incentive (NDRHI) at the end of March has left manufacturers without a financially viable green alternative to generate heat for many crucial industrial processes. This will force many businesses to seek out cheaper, non-renewable sources of energy to power their processes. Luke Worrall, Business Development Manager at biomass installation specialist NerG, explains why this move will harm the UK’s efforts to reach net zero carbon emissions by 2050 unless policy gaps are addressed.
A power development plan published by Vietnam’s Ministry of Industry and Trade (MOIT) foresees a dramatic increase in wind power production by 2030 and a tripling of renewable energy production between 2030 and 2045.
South Africa has announced the preferred bidders to provide emergency power to boost supply to heal Eskom deal with rolling blackouts.
For the first time, renewables are the dominant power source in Europe’s electric grid.
Francisco Sagasti, interim President of Peru, has introduced a bill to the Peruvian Congress to provide investment incentives for renewable energy resources.
Wärtsilä Finland, the energy companies Vaasan Sähkö and EPV Energia, and the city of Vaasa, Finland, have signed a letter of intent to cooperate in a project to utilise green hydrogen in power generation, industry, and transportation applications.