Offshore wind power is taking off in the Northeastern United States
The first wave of six projects in the Northeast are expected to total more than 1,700 MW and cost nearly $9 billion in capital expenditures.
Climate crisis
Nicaragua signs the Paris climate accord, leaving only two countries to not sign the pact
That leaves Syria as the only nation never to have signed on; the US joins war-torn Syria as one of only two nations currently opposed the agreement.
Solar Bitcoin founders launch blockchain project to disrupt global energy markets
This blockchain project aims to leverage digital currency in order to boost the generation and consumption of renewables and allow for decentralized energy trading between utilities, producers grid operators, and consumers.
The world’s first floating wind farm is now producing energy in Scotland
Hywind Scotland, situated in Buchan Deep, is the world’s first floating wind farm, with its five six-megawatt turbines now generating electricity.
Bloomberg pledges $64M for anti-coal initiatives
Billionaire philanthropist Michael Bloomberg is making a new $64 million commitment to environmental groups’ efforts to shut down coal-fired power plants and replace them with cleaner forms of electricity generation.
Australian state of Victoria to ban single use plastic bags
Victorian Premier Daniel Andrews has announced the government will ban single use plastic bags “as quickly as we can”.
European spending on energy efficient building technologies in 2026 to near $112 billion
The European market for energy efficient building technologies is expected to grow from $83.5 billion in 2017 to $111.9 billion in 2026.
1400 companies now put an internal price on carbon
That number is an impressive leap, as it amounts to an eight-fold increase from 2014.
Green Climate Fund to provide up to US$110 million for Kazakhstan clean energy projects
The framework aims to finance the construction and operation of solar, wind, small hydropower and biogas projects in the Central Asian country.