Renewable Energy in MENA Area to Double Next Year, Desertec Says
Clean energy assets in the Middle East and North Africa will more than double in capacity by the end of next year, the Dii GmbH industry association said.
Energy Price Concerns Resonate in EU Talks on 2030 Climate Goals
The European Union should ensure that future climate and energy policies do not undermine the competitiveness of its industry, already weakened by a price gap with the U.S., the bloc’s member states said.
Musk Says Renewable Energy Shift to Bring ‘Strife’ for Utilities
Tesla Motors Inc. Chief Executive Officer Elon Musk said shifting to greater use of solar and wind power will challenge utility companies.
Iceland, Japan Can Cooperate to Boost Geothermal, Minister Says
Iceland and Japan, two nations rich with underground sources of renewable energy, can tackle climate change together by promoting the use of geothermal power, Iceland’s environment minister said.
EU Leaders Said to Delay Decision on 2030 Targets for Emissions
European Union leaders intend next month to agree on a timeline for developing energy and climate targets for 2030, delaying a final decision on the polices, according to two people with knowledge of the matter.
Europe Divided on Supply Security as Renewable Energy Grows
European Union governments and the bloc’s executive arm are splitting over how to guarantee electricity supply as the region builds more renewable power.
Citi Sees Capital Markets Reviving Renewables as Banks Bow Out
Renewable energy companies will derive more of their funding from bond markets as banks curb lending to the industry, Citigroup Inc.’s head of environmental finance said.
Renewable Energy Loses Out in Europe's "Lame-Duck" Climate Plan
Wind and solar power producers say they're at risk of losing investment after the European Union's executive arm scrapped proposals for a mandatory target on renewable energy use in 2030.
Europe Dividing Over Most Ambitious Carbon and Climate Plans
The European Union is poised to take its first formal steps to expand the world’s most ambitious limits on fossil fuel pollution. That may widen a rift in how it balances green policies with the need for cheaper power.
Cameron Tells EU Renewables Goal May Cost UK 9 Billion Pounds
Prime Minister David Cameron urged the European Commission to reject calls for a renewable energy target, saying such a plan may cost U.K. consumers 9 billion pounds ($14.8 billion) a year by 2030.