Taxes on electricity can be four times higher than those on fossil fuels. With Europe in the midst of another energy crisis, many are asking how to stop the cost of war making its way onto household bills. The long term solution, which is already cutting bills in Spain, is investing in homegrown renewables, leading to […]
Spain spent the last six years investing heavily in wind and solar energy, leading to some of the cheapest power prices in Europe. The Iran war has plunged the world into an overnight energy crisis. The closure of the Hormuz Strait and reduced Middle East energy exports have sparked fears of higher bills for already […]
Once considered a dystopian fantasy, space-based solar could soon transform the renewable energy sector. In 1941, two astronauts began the seemingly impossible feat of training a robot to operate a solar energy station in space, one capable of beaming power across the Solar System. Of course, this was purely fiction – the dystopian plot of […]
Enhanced geothermal systems could wean the EU off fossil fuels, even in countries without volcanic activity. New technologies are unlocking geothermal electricity across much wider parts of Europe, and it could help to reduce the EU’s reliance on polluting fossil fuels. A new report by energy think tank Ember found that 43GW of enhanced geothermal capacity in […]
Azerbaijan has highlighted rising environmental threats to the Caspian Sea as UN introduces cross-border environmental assessments. The Caspian Sea is suffering falling water levels and biodiversity loss. Azerbaijan recently highlighted these growing environmental risks at the United Nations in Geneva, as new international rules governing large infrastructure projects around the region come into force. During […]
The EU is “rapidly” moving towards a clean energy future, but experts warn our “outdated” grid is holding us back. Wind and solar generated more EU electricity than fossil fuels for the first time in 2025, marking a “major milestone” in the transition to clean power. A new report from energy think tank Ember has found that […]
Alterra, the UAE’s $30 billion climate fund, has announced plans to launch a new co-investment vehicle worth $1.2 billion with a $250 million contribution from global financial institution BBVA to advance energy transition goals. Once launched and approved, Alterra Opportunity Fund will be domiciled at Abu Dhabi finance hub ADGM. It will consolidate existing co-investments into a […]
Alterra, the UAE’s $30 billion climate fund, is investing in a fund managed by Copenhagen Infrastructure Partners (CIP) to support the expansion of renewable energy use globally. Alterra will support CIP’s Growth Markets Fund II, which focuses on large-scale greenfield renewable energy projects across Asia, Latin America, Europe, the Middle East and Africa, Abu Dhabi-based Alterra said in […]
Around the world, fresh water is not only running low – we are depleting it. Conventional wisdom has long held that freshwater availability – that which is stored in our soils, aquifers, lakes, rivers, snow, and glaciers, and on which we depend – is fixed. Withdrawals from these reserves are eventually replenished through the hydrological cycle. New […]
Dubai Electricity and Water Authority (DEWA) has launched the ‘Sun Power’ and ‘Easy Connect’ initiatives to support contractors, consultants, and investors in Dubai in accelerating the launch of their businesses and encouraging the adoption of clean energy sources. This is part of DEWA’s ongoing efforts to achieve net zero by 2050 through pioneering projects and […]
