ukraine

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Scatec Swings to Q4 Profit on Solar Asset Sales and Divestments

Norway-based independent power producer Scatec reported a net profit of NOK724 million (~$70 million) in the fourth quarter (Q4) of 2023, improving from a loss of NOK433...

February 2, 2024

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Arshreet Singh

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Finance and M&A

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Renewable Energy
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Electricity Consumption Decline in Advanced Economies to Impact Global Demand in 2023

Electricity demand in the European Union (EU) is expected to reach its lowest level in two decades, marking a significant decline of 3% in 2023, according to the latest...

July 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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EU Adopts New Framework to Transition Towards Net-Zero Economy

The European Commission has adopted a new Temporary Crisis and Transition Framework to support measures in sectors that are key for the transition to a net-zero economy...

March 10, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Scatec Posts $42 Million Loss in Q4 as Laos Projects Underperform

Norwegian independent power producer Scatec swung into a net loss of NOK 433 million (~$42 million) in the fourth quarter (Q4) of 2022, compared with a profit of NOK 136...

February 7, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Daily News Wrap-Up: RBI to Auction Green Bonds on January 25

The government announced the sale of sovereign green bonds (SGB) worth ₹80 billion (~$986 million) through an auction by the Reserve Bank of India, Mumbai, on January 25....

January 23, 2023

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Mercom Staff

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Daily Wrap-up

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Other
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German Chancellor Reaffirms Commitment to Achieve Net Zero by 2045

Germany’s renewable shift is well on track despite setbacks and has accelerated post the Russian invasion of Ukraine, Chancellor Olaf Scholz said while addressing a...

January 20, 2023

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Satish Shetty

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Markets & Policy

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Other

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Renewable Energy
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Renewable Capacity Growth Set to Double in Next Five Years: IEA

The International Energy Agency (IEA) has said the global energy crisis is accelerating the installation of renewable power, with the total capacity growth set to almost...

December 6, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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EU Proposes Mandatory Rooftop Solar for All New Buildings in Member States

The European Commission presented the REPowerEU Plan proposal detailing its strategy to respond to the hardships and global energy market disruption caused by...

May 19, 2022

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Satish Shetty

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Other

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Renewable Energy
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Ukraine Announces Amendments to Renewable Energy Laws

Ukraine’s Ministry of Energy has proposed amendments to regulations on promoting renewable energy generation. The Ministry of Energy has invited comments and...

September 9, 2021

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Staff

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Other

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Renewable Energy

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