Global investment in the energy transition must double to $3.5 trillion a year to keep global warming below catastrophic levels, according to a new report by analytics and consultancy firm Wood Mackenzie.
The share of global electricity from renewables rose to a record 30% last year as the growth of wind and solar power continued to far exceed that of fossil fuels.
Henrik Andersen is no stranger to crisis. A decade ago turbine maker Vestas Wind Systems A/S (CPH:VWS) was in trouble when governments pulled back subsidies for renewable power.
The European Union ramped up pressure on Chinese clean-tech investments potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy.
By Dr Evgenia Golysheva – VP of Strategy & Marketing at Onyx Insight
Boosted by increasing energy transition commitments from governments worldwide and fresh focus on energy security, wind industry growth will continue its upward trajectory in 2023 and beyond.
Shell engineer Denise Neill knows as well as anyone in Aberdeen, the UK’s oil capital, that the fortunes of a city that gets its income from one source can change quickly.
Boris Johnson’s plan to quadruple the size of the U.K. offshore wind industry will require $58 billion of investment and careful management of what’s a tricky building process in some of the world’s roughest waters.
Every home in the country will be powered by offshore wind within 10 years, Boris Johnson will tell the Conservative conference on Tuesday as he pledges a green industrial revolution that will create hundreds of thousands of jobs.
Green energy produced by UK and Dutch North Sea wind farms could soon be fed into both countries domestic systems as part of efforts to hit net zero carbon goals.
Plans for a giant power cable linking Shetland to the Scottish mainland are “crucial” to ensure security of the islands long-term energy supply, according to the firm behind the proposal.
China's energy market could be badly hit as the coronavirus has halted production on the countries wind turbine installations, according to Wood MacKenzie (WoodMac).
Hypothermia, falls from height and electrocution are among the injuries caused to Scotland’s windfarm workers over the last five years, according to new figures.
A £3.5million community wind project on the island of North Uist is entering its construction phase after a fund raising campaign brought in a total of £452,850.