Brazil awards licences for 2.1GW of new power

The wind sector bought more than 1.2GW of new capacity, spread across 48 infrastructure projects

Global wind and solar installations break 1TW milestone

Wind generation made up around 54% of this figure, with the solar proportion coming in at 46%

Siemens and software firm launch academy for energy sector

The learning sessions will be spread over three facilities in Germany, the US and China

UK is ‘leading the way with planned North Sea projects’

It has 10 planned projects, followed by Norway and the Netherlands with five and one respectively

Largest oil and gas projects to spend $37bn before 2025

These projects are expected to produce 2.6 billion barrels of oil

Bank launches green crowdfunding platform

A solar farm and a heat pump company are to become the first businesses to benefit from a UK bank’s newly launched crowdfunding platform. Triodos Bank’s platform will allow the public to invest directly in renewable energy projects. The first round of funding will help Mendip Renewables raise £1.8 million to take a 5MW operational […]

Brazil cancels 25 green projects

Brazil has cancelled 25 renewable projects after developers requested to return construction licences. In total, 16 wind farms and nine solar parks were scrapped as financially struggling firms were allowed to step back from their plans by paying a combined total of $33.4 million (£26m) in fees. The move marks the country’s first ‘cancellation round’ for […]

Project seeks partners to cut the cost of nuclear energy

The Energy Technologies Institute (ETI) is looking for partners on a project to better understand the cost of nuclear energy. The Nuclear Cost Drivers Project aims to analyse historic, contemporary and future nuclear projects to identify how different areas of nuclear power plant design, construction and operation could deliver potential cost reductions. The ETI says […]

Government ‘must outline energy investment framework’

The UK Government needs to give businesses certainty by outlining an energy investment framework as soon as possible. That’s the view of Carolyn Fairbairn, Director-General at business group CBI, who says the government must create a pro-market, pro-enterprise partnership to unlock a “golden age of infrastructure development” across the country. Speaking at the National Infrastructure Forum, […]

Project financing in the energy industry remains robust

New project financing in the energy industry remains robust. That’s according to a new report from S&P Global Ratings, which suggests in the last two years, continental Europe has attracted strong renewable investment, including offshore and onshore wind portfolios and a range of transportation deals. In the UK, the government has continued to encourage renewable energy projects with the creation […]