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Countries promise clean energy boost at COP28 to push out fossil fuels

Governments launched new initiatives to bolster clean energy and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling with how to halt the non-stop rise in planet-warming emissions, reported by Reuters.  In one of the most widely supported initiatives, 118 governments pledged to triple the world’s renewable

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Liberty County solar farm project secures US$200 million in financing

Recurrent Energy has announced that it has closed $200 million in financing for a 134-megawatt solar farm northeast of Houston, which will expand the solar energy capacity in a power grid operating system that serves part of Texas as well as 14 other U.S. states. Recurrent Energy said in a Tuesday news release that its Liberty

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Fervo Energy breaks ground on the world’s largest next-gen geothermal project

Fervo Energy has held a groundbreaking ceremony to mark the start of its exploration drilling campaign at Cape Station, a next-generation geothermal energy project set to deliver 400 MW of 24/7 carbon-free electricity. Cape Station will begin delivering around-the-clock, clean power to the grid in 2026 and reach full scale production in 2028. Located in

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US, India launch renewable energy tech platform

According to pv magazine, the US and Indian authorities have jointly launched a renewable energy technology action platform, with an initial focus on green hydrogen, wind power, long-duration energy storage, and the exploration of geothermal energy. The US Department of Energy (DoE) and India’s Ministry of New and Renewable Energy (MNRE) have jointly launched the

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Acteon Launches Cloud-Based Platform for Offshore Energy Subsea Assets and Data

The offshore energy industry could now have a method to monitor subsea assets in a new way. According to Offshore Energy, Acteon, through its geo-services brand UTEC, has launched a cloud-based platform that gives the offshore energy industry a 360° visualization of subsea assets and data. Designed to meet the needs of the offshore renewable

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Floating Solar PV Plant Completed in Austria

A major solar energy project was recently completed in Europe. According to Energy Monitor, ECOwind, a subsidiary of German renewables developer BayWa r.e., and Austrian energy supplier EVN recently finished constructing an expansive floating solar photovoltaic (floating PV) plant in Grafenwörth, Lower Austria. “We are in the decade that matters,” said Benedikt Ortmann, global director of solar projects at BayWa r.e., in a

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Telecommunications Company to Roll out Europe’s Largest Distributed Virtual Power Plant

A Finnish telecoms company will use a multi-million dollar grant from the Finnish government to deploy a ‘Distributed Energy Storage’ solution across its network. According to Energy Monitor, telecommunications company Elisa was awarded a €3.9m ($4.16m) grant from the government of Finland to move forward with a ‘Distributed Energy Storage’ (DES) solution across its network.

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Offshore Wind Farm Could Power UK Oil & Gas Platforms by Mid-2020s

Oil and gas platforms in the United Kingdom are on track to soon have a new power source. According to Offshore Energy, two European-based oil and gas companies, Flotation Energy and Vårgrønn (who announced they are partnering together on the project), have submitted a Marine Licence application for the Green Volt floating offshore wind farm

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EverWind Approved to Become First Green Hydrogen Facility in North America

A green hydrogen facility is coming to Canada. According to Reuters (via EnergyNow), EverWind Fuels told Reuters it is now the first green hydrogen producer in North America to secure the required permits for a commercial-scale facility. Provincial authorities in Canada granted environmental approval for EverWind to transform a former oil storage building and marine

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New Research Suggests AI in Renewable Energy Market Is Booming Worldwide

Renewable energy is investing heavily in artificial intelligence, recently published research suggests. According to a press release from SB Wire, the recent research publication on Global AI in the renewable energy market provides insights into the evolution of the competitive environment, the lifecycle stage, and opportunities. The survey with AI in renewable energy investors &

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BP Announces Offshore Wind Innovation Hub Opening in Brooklyn

An oil and gas major has made a major renewable energy investment in the United States. According to a press release from BP, the company announced that the Offshore Wind Innovation Hub (OWIH) has opened and is looking for its first call for applications. The Brooklyn-based Hub was founded in mid-2022 to identify and help

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U.S., UAE Announce First $20 Billion Investment to Fund 15 GW in New Clean Energy

The first steps have been announced for a clean energy initiative between two major industrialized nations. According to Reuters (via Energy Now), the United States and the United Arab Emirates announced on Sunday that the first $20 billion of their $100 billion clean energy partnership would be allocated to fund 15 new gigawatts of renewable

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