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The European Union countries failed to adopt climate diplomacy conclusions scheduled for Monday due to a developing split over the role of nuclear energy in the green transition, according to EU officials.

The European Commission proposed regulations l

Germany must act quickly to meet its renewable energy targets if it wants to keep the lights on amid rising energy demand, Economy Minister Robert Habeck said.

Habeck is looking to overhaul the 550 terawatt hours (TWh) per year market, as demand rises

A European Union business representative said that Vietnam may not have a legal framework to regulate offshore wind farms until next year, potentially deferring billions of dollars in foreign investment in the sector.

Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg, and Latvia have warned Brussels not to make major changes to the European Union's power market in response to the energy crisis, calling instead for minor alterations.

Citicore Renewable Energy Corp, one of the Philippines' leading solar power producers, has revealed plans to go public this year. It expects the share offering to contribute to a $4 billion investment in solar projects over the next five years.

Germany and Oman are in advanced talks to strike a long-term deal for liquefied natural gas (LNG) lasting at least ten years as Berlin seeks alternatives to Russian fuel supply, according to three sources familiar with the matter.

Masdar, an Abu Dhabi-based state-owned clean energy company, has announced ambitions to invest in Nigeria as part of its Africa-wide penetration which aims to increase renewable energy capacity by 20,000 MW over the next 12 years.

The US and Europe saw relatively modest increases in the average prices of solar power purchase agreements (PPA) in Q4 2022, up by 4% and 3%, respectively.

Professional services firm EY has ranked the United States as the world’s most attractive market for investment in renewable energy – for a large part due to the Inflation Reduction Act passed in August 2022, which is viewed as a game changer for the coun

Brussels plans to overhaul the bloc’s electricity market to prioritise cheaper renewable energy, European Union’s energy commissioner Kadri Simson has said, despite industry warnings that the reforms could smother investment in wind and solar projects.