News
News
March 20, 2023
EU unveils Net-Zero Industry Act in response to IRA
The European Union has introduced a range of fresh initiatives to foster green technology and secure raw materials, in an effort to maintain its competitive edge against the U.S. and China amid growing global protectionism.
March 15, 2023
China likely to triple its target for renewables, says Goldman Sachs
China is likely to install nearly three times more wind turbines and solar panels by 2030 than its current target, helping shift the world's largest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group Inc.
March 14, 2023
EU unveils measures to prevent industrial decline amid green transition
The European Union is a global leader in reducing carbon emissions, but it is also taking steps to ensure that the green transition does not turn it into an industrial desert, with a raft of measures set to be announced next week.
March 13, 2023
China’s rooftops could host solar capacity almost the size of global total
China’s buildings and rooftops have potential to host more than 1,000 GW of solar power capacity — almost the same size as the entire existing global industry, according to the sector’s largest manufacturer.
March 13, 2023
U.S. solar industry set to rebound in 2023: report
New solar installations in the U.S. dropped 16% to 20.2 GW in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report released on Thursday.
March 10, 2023
Canada eyes bigger share in global green technology sector
Canada will boost investments in the green transition in this year's budget to compete with massive U.S. incentives, but the aim is to claim a portion of the growing clean-tech industry, not to go head-to-head with the world's biggest economy, a senior Ca
March 08, 2023
Japan promises financial assistance to help ASEAN decarbonise
Japan pledged financial and technological assistance on Saturday to ASEAN countries in their efforts to decarbonize their economies and address climate change.
March 08, 2023
EU to propose new rules for boosting renewable energy production
The European Union's executive body is ready to provide permissions, regulatory support, and easier access to public and private investment for some key green technologies, according to its draft document.
March 07, 2023
Enbridge earmarks $2.4 bln in infrastructure, renewable projects in U.S.
Enbridge Inc of Canada announced plans to invest C$3.3 billion ($2.4 billion) in natural gas and liquids infrastructure and renewable power this year, and said there were better investment opportunities in the U.S. due to green energy subsidies.
March 02, 2023
China approves record number of new coal-fired power plant in 2022
China approved the construction of 106 GW of new coal-fired power capacity last year, four times more than the previous year and the highest level since 2015, spurred by energy security concerns, according to a research released on Monday.
