Remove Climate Remove Financing Remove Renewable Remove Wind
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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195
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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030.

Coal 121
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Biden Administration launching offshore wind offensive

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The Biden Administration announced a series of measures to support rapid offshore wind deployment, including designation of a new wind energy area and targeting the deployment of 30 GW of offshore wind by 2030. New Wind Energy Area. Deploying 30 GW of Offshore Wind by 2030.

Wind 199
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock.

Coal 243
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Report: $12.1T must be invested in new renewable power generation over next 25 years to limit climate change

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To reach the level of investment in new renewable power generation needed to avert dangerous climate change, $12.1 trillion above business-as-usual projections— according to a new report by Ceres and Bloomberg New Energy Finance. trillion investment in new renewable power globally over the next 25 years.

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. However, a new era for nuclear power is by no means guaranteed.

Russia 458
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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022. EFuels make an important contribution to climate protection and complement our electromobility in a meaningful way.

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