
Solar-Powered Reactor Recycles Plastic and Gases into Sustainable Fuels
Scientists at the University of Cambridge said they have developed a novel solar-powered reactor, which can convert plastics into commodity chemicals and greenhouse gases into sustainable fuels. The research was ...

Early Rollout of Fiscal Policy Could Reduce Emissions in the Middle East & Central Asia
The Middle East and Central Asian countries have collectively pledged to reduce annual greenhouse gas emissions (GHG) in 2030 by 13-21%, a new IMF study estimates. On assessing the region's ...

Global Energy Crisis May Expedite Transition to Sustainable and Clean Sources: IEA
The global crisis triggered by the war in Ukraine could ironically accelerate the transition to a more sustainable and secure energy system, according to the latest World Energy Outlook by ...

European Commission Approves €220 Million Aid for Clean Hydrogen Production in Spain
The European Commission, under the European Union (EU) State aid rules, has approved a €220 million (~$215.3 million) Spanish measure to support Cobra Facilities & Services (COBRA) in the production ...

Deutsche Bank to End Lending for Coal Mining by 2025
The Deutsche Bank has tightened its ‘Fossil Fuels Policy,’ which provides for a stricter framework when dealing with business activities involving coal, oil, and gas. The bank is likely to ...

Barclays Likely to Stop Lending to Projects Based on Fossil Fuels
During the annual general meeting (AGM) of Barclays, a British multinational investment bank, nearly 24% of shareholders voted for Share Action’s resolution asking the bank to phase out financing for ...

EIB to Stop Funding Fossil Fuel-Based Projects After 2021
The European Investment Bank (EIB) has announced that it will end financing fossil fuel-based projects by the end of 2021. The global lender now wants to focus its financing for ...

Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects
General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA) have signed an agreement to invest $495 million as primary equity in Greenko Energy Holdings (Greenko), a renewable energy project ...

Cost of Generating Renewable Energy Will Continue to Fall, Says IRENA
The cost of electricity generated by new renewable power projects once again declined for projects commissioned during 2017, continuing a trend that has been underway for years. These findings were ...