India’s state-run power producer NTPC has announced that it has formed NTPC Renewable Energy, a wholly-owned subsidiary, to focus on its green energy business.
Plug Power and Brookfield Renewable have entered into an agreement for Plug Power to buy renewable electricity from Brookfield Renewable to facilitate Plug Power’s production of approximately 10 tons of 100 per cent green liquid hydrogen per day.
The Bulgarian Government has published a draft national strategy for targeting a further 2,645 MW of installed electricity generation capacity from renewable sources, mostly photovoltaic plants, by the end of 2030, in line with the EU’s goals for green energy transition.
There is a significant shortfall between the UK’s emission reductions likely to be delivered by the government’s current policies and its commitment to net-zero emissions by 2050. R&D schemes, which develop and promote cutting-edge, low carbon processes and technologies, as well as local expertise and supply chains, can help to address this shortfall. It is therefore no surprise that a number of the recipients of the second wave of the Strength in Places Fund reflect broader government policies around decarbonisation.
By Deborah Greenwood, Senior Consultant, Bryan Cave Leighton Paisner LLP
In the General Election campaign in New Zealand, the Labour Party has pledged that it would aim to make 100 per cent of the country’s electricity generation renewable by 2030 if elected, five years ahead of the current Government target.
The Queensland state government has boosted its chances of reaching a 50 per cent renewable energy target by 2030 with the establishment of a $500 million Renewable Energy Fund.
Eddie O’Connor, Chairman and Founder of Mainstream Renewable Power, the world’s only pure-play renewables development company, believes the energy industry is at a crossroads and needs to choose the right path for a truly sustainable recovery.
The energy sector is one of the key points of the "Initiatives to relaunch Italy 2020-2022" plan, released on 16th June 2020, providing the urgent reforms aimed to restart the Italian economy.
By Guglielmo Fabbricatore, Counsel and Head of Energy in Italy at DWF
Renewable sources have overtaken coal, oil, and gas in EU electricity generation, according to analysis from Ember, a climate think-tank.
The European Commission has approved, under EU State aid rules, a scheme to support electricity production in Ireland from renewable sources.