edie.net - Renewables latest news

Anheuser-Busch meets 100% renewable energy goal four years early

2021-06-02T13:21:00Z

Beer giant Anheuser-Busch has achieved 100% renewable electricity for its beverage production activities in the US - a goal originally set for 2025.

IEA: Renewables set to attract 70% of global energy investment in 2021

2021-06-02T10:29:00Z

Global energy investment is likely to rebound to pre-pandemic levels this year, with most finance going towards renewables - but, ultimately, the new generation capacity financed will not be compatible with long-term climate goals.

£2bn for net-zero: SSE outlines bumper low-carbon spending plans for this financial year

2021-05-27T12:13:00Z

Utility major SSE has unveiled plans to invest £2bn in low-carbon projects and supporting infrastructure this financial year, after posting a rise in profits led by renewable energy.

Global hydrogen investment to grow 25-fold by 2040, Bloomberg predicts

2021-05-25T12:22:00Z

Global annual investments in hydrogen totalled $1.5bn between 2018 and 2020, but the average could be $38bn by 2040, a new Bloomberg Intelligence report claims.

Policy direction and pricing: How do we get all UK businesses to 100% clean electricity?

2021-05-20T12:21:00Z

Poor policy direction, a lack of public awareness and financial challenges must all be overcome for the UK's private sector to deliver on the COP26 aim on clean energy, an expert panel has agreed.

UK's electricity grid emissions up year-on-year, despite net-zero pledge

2021-05-20T00:02:00Z

Data revealing that the carbon intensity of the UK's electricity was 5% higher in the first months of 2021 than 2020 has prompted industry calls for greater support for new wind, solar and nuclear capacity.

UK's largest community-owned solar park to come online next year

2021-05-19T10:57:00Z

The Ray Valley Solar project in Oxford is expected to come online next autumn, after Triodos Bank confirmed lending for what is expected to be the UK’s largest community-owned solar park.

UK climbs energy investment rankings, but concerns persist over green finance availability

2021-05-19T09:46:00Z

The UK has climbed one position to fourth in the rankings for EY's national attractiveness of renewable energy investment, but the organisation has warned that global green finance efforts need to improve considerably to meet clean energy demand for existing climate commitments.

Google and Microsoft among businesses backing 24/7 clean energy tracking

2021-05-19T00:01:00Z

More than 100 global companies, including PwC, Microsoft and Google, are taking part in a new worldwide initiative aimed at verifying clean energy sourcing on an hourly basis.

IEA: World must stop petrol and diesel car sales by 2035 for net-zero transition

2021-05-18T06:00:00Z

The International Energy Agency (IEA) has published a landmark report outlining the sweeping changes needed in the power, energy and heat sectors if the world is to have the best chance of limiting temperature increases to 1.5C.

IEA: Renewable energy to account for 90% of new power expansion post-Covid-19

2021-05-11T09:37:00Z

After capacity additions continued to grow during 2020, the International Energy Agency (IEA) is forecasting that "exceptionally high" growth is likely to continue during this year and next.

Report: UK must more than double onshore wind capacity by 2030 to meet climate targets

2021-05-07T10:16:00Z

RenewableUK is urging Ministers to set specific, legally binding 2030 targets for renewable energy generation to help deliver its net-zero target, including growing the nation's onshore wind capacity to 30GW.

LEAK: EU's draft renewables law confirms 38-40% target for 2030

2021-05-05T09:20:00Z

An early draft of the EU's upcoming renewable energy directive confirms the bloc's objective of sourcing 38-40% of its energy from renewables by 2030, roughly doubling the share of solar, wind and other renewables in Europe's energy mix by the end of the decade.

Arla unveils new measures to help farmers self-generate renewable energy

2021-05-04T09:57:00Z

After pledging to become a net-zero business, dairy major Arla Foods has outlined new measures to help farmers across the supply chain generate their own renewable energy and sell any excess.

Johnson & Johnson Vision to power global HQ with 100% solar electricity

2021-04-28T11:43:00Z

Johnson & Johnson Vision, the manufacturer of ACUVUE contact lenses, has signed a ten-year power purchase agreement (PPA) with a solar farm to cover 100% of the electricity consumption of its headquarters.

Electrified heat and hydrogen: Renewable energy deployment 'must grow fivefold by 2030'

2021-04-28T10:09:00Z

To ensure that the global energy mix transitions in line with net-zero, wind and solar will need to be deployed at least five times faster than current rates by 2030 and hydrogen investment must scale dramatically.

Global energy emissions set to rebound as Covid-19 lockdowns lift, IEA warns

2021-04-26T09:58:00Z

Global energy demand is rebounding rapidly from the Covid-19-related slump, with fossil fuels set to play a major role in meeting this demand, the International Energy Agency (IEA) is warning.

Report: Solar and wind can meet global energy demand 100 times over

2021-04-23T11:50:00Z

The tumbling costs of wind and solar can unlock demand that could power the world 100 times over, with a new report from think tank Carbon Tracker finding that renewables are set to push fossil fuels out of the electricity mix by the mid-2030s.

Ikea Foundation to spend €1bn on climate programs within five years

2021-04-22T13:31:00Z

Retail giant Ikea's charitable arm has outlined plans to spend an additional €1bn on initiatives supporting the low-carbon transition within five years.

Amazon announces nine new renewables deals to take clean energy capacity to 8.5GW

2021-04-19T14:00:00Z

Amazon has announced nine major new renewable projects across the globe that sees the online retailer's total clean energy capacity surpass 8.5GW globally.