Britain becomes largest market for Madrid-based group, which already owns Scottish Power
Also in today’s newsletter, one view on how the US can be more competitive in the energy transition
Gas, crude and power prices have dropped back and stabilised to levels before Ukraine war, notes Wael Sawan
Bulk of auction funding will go towards offshore wind farms
Also in today’s newsletter, Goldman Sachs invests in ESG software provider osapiens
America’s largest photovoltaics manufacturer must innovate if it is to compete with Asia as prices stay low
Government claims partnership will lead to up to 30GW of new offshore developments securing leases by 2030
Gulf emirate’s green energy company builds significant presence in European renewables sector
Shares of the country’s largest turbine makers reflect concerns about overcapacity at home and obstacles to global growth
UK ministers say partnership will help leverage up to £60bn of private investment
Climate start-ups have struggled to raise finance to prove their systems at scale
Eskom chief says repurposing of coal plant created an ‘atomic bomb scenario’ for local jobs
Record clean energy investment fails to drive emissions cuts far enough to close the gap on UN climate goal
Analysis by Cornwall Insight points to scale of challenge in transitioning electricity system away from fossil fuels
Global supply glut of panels is hurting producers but also helping installations
Disruptions in the sector are forcing some green energy developers to defer key projects
Beijing’s exponential growth in renewables is propelling a dangerous narrative that masks wider political failure
Masdar CFO says the renewable energy company will be a boon to developing economies
Billionaire founder and executive chair Andrew Forrest has been one of the most bullish voices backing clean fuel
The reality for the power sector is that improvements will take some time
But hold out for brighter days, analysts say
Energy storage at a scale to power whole towns or cities is an essential part of the transition to net zero
Bloc unlikely to meet ‘overly ambitious’ goals for clean fuel despite €18.8bn in funding
Vinod Khosla’s 20 years of long shots
Octopus and EDF say shifting the charges to gas bills would encourage families to invest in new cars