China and the US pledge to step up climate efforts ahead of Biden-Xi summit and UN meeting
The joint announcement came on the eve of a summit between Presidents Joe Biden and Xi Jinping that is aimed at stabilizing the rocky US-China relationship.
Siemens Energy reviews wind unit set-up after $5 bln loss
Siemens Energy on Tuesday secured a 12 billion euro credit line from private banks that was partly backstopped by the German government, removing a major concern for investors that feared the group could lose out on business without the funds.
Explainer: The numbers behind China's renewable energy boom
The two agreed to "accelerate the substitution for coal, oil and gas generation", but did not mention phasing out fossil fuels, a goal that China has described as "unrealistic".
Opinion: Surge in Argentina hydro output slashes power sector emissions
Argentina's higher hydro load also helped South America's second largest economy lift the share of clean power in electricity generation to a record 59% in September, up from 45% in September 2022, data from think tank Ember shows.
Asian economies must ramp up wind and solar power to keep global warming under 1.5C, report says
Nearly a third of that renewable energy should come from wind and solar power, said the report by researchers of Berlin-based Agora Energiewende. A fifth would be hydropower and other clean sources and the remainder, fossil fuels.