Nicola Sturgeon has pledged to help Scottish oil and gas companies secure contracts in the offshore renewables industry if her party is re-elected on May 5.
For decades, alternative energy was the province of activists. It was far more expensive than fossil fuels, and many remained unconvinced of humanity’s role in the globe’s rising temperature.
The owners of Dong Energy, who include the Danish government and Goldman Sachs, may hold an initial public offering almost one year before a previously announced deadline, according to reports.
Good Energy, the Wiltshire-based, renewable electricity and gas supplier is to challenge the advertising watchdog's ruling on the claims by Ecotricity that is supply’s “Britain’s greenest energy”.
A fresh report has claimed building new nuclear power stations will create “significant and hidden costs” in comparison to renewable options which offer a better “intergenerational contract”.
Doubling the share of renewables in the global energy mix by 2030 is feasible, but only with concerted action to jump-start their use in transport, building and industry.
Bioenergy is seen as being a critical component to achieving this objective. And if it is, then the sector could “sustain 24.4million jobs worldwide” just 15 years from now.
Renewable energy developers won contracts to produce 1,720 megawatts of power in Mexico during the country’s first-ever private auction, after the government ended a decades-long state electricity monopoly in 2013.
US solar company SunEdison, whose aggressive acquisition strategy has saddled it with more than $11billion of debt, is at "substantial risk" of bankruptcy, one of its two publicly listed units warned on Tuesday.
Statoil's head of asset management for Renewables said the lower oil price is both a "challenge and opportunity" for the industry to move into other growth areas.
Renewables firm Albion Community Power (ACP) said yesterday it had committed nearly £5million to the development of two new hydropower schemes in the Highlands.
Doubling the share of renewables in the global energy mix to 36% by 2030 could save the world economy up to $4.2trillion a year, according to new research by the international Renewable Energy agency (IRENA).
The UK Government has revealed there will be £730million in new auctions for subsidies for up to 4GW (gigawatts) of offshore wind and other less established renewables.