Canada produced around 66% of its electricity from renewable sources, largely as a result of its booming hydroelectric sector. According to a recent National Energy Board (NEB) report, around 60% of Canada’s electricity originated from hydro energy, with a further 6% coming from wind, solar and...
DONG Energy has announced it will be offering UK business customers the use of renewable electricity at no extra cost to traditional energy sources. The business energy supplier said that it will cover the additional costs of green energy so UK business can ‘achieve their...
Dubai will be home to the lowest cost solar power plant in the world after receiving bids for a new plant as low as US$0.03 per kilowatt-hour. The lowest bid was submitted by a consortium of Abu Dhabi-based Masdar and Spanish developer FRV (owned by Abdul...
Centrica has agreed to acquire one of Europe’s leading providers of energy management, Neas Energy, in a deal worth £170 million. Danish firm Neas trades electricity for wind and solar farm owners and the purchase agreement shows Centrica’s focus on capitalising on the growth of renewable...
Saudi Arabian renewable energy firm ACWA Power has been awarded six international awards in recognition of its successful renewable energy projects in 2015. It scooped the ‘best solar deal’ award for its Shuaa Energy I plant in Dubai, the ‘best wind deal’ for its Khalladi Wind plant...
SolarCity (NASDAQ:SCTY) has announced it has secured US$131 million to fund residential, commercial and military solar projects. The fund will cover the capital cost of solar system equipment and installation making it possible for solar energy to be cheaper for homeowners than electricity from the grid. The...
Australian Prime Minister Malcolm Turnbull has announced a A$1 billion clean-energy fund aimed at reducing Australia’s carbon emissions to zero. Turnbull’s announcement is a clear deviation from his environment-sceptic predecessor Tony Abbott. The Conservative, former Prime Minster was criticised for failing to address Australia’s greenhouse gas...