Spotlight
UN General Assembly: US Treasury sets out new “principles” to boost green investment
The principles focus on companies’ scope 3 emissions and state that all net-zero targets should align with the global warming target of 1.5°C.
Latest news
RWE secures approval for large Welsh offshore wind farm
RWE has secured a development consent order from the UK Secretary of State for Energy Security and Net Zero, Claire Coutinho, for its Awel y Môr offshore wind farm, to be located north of the Welsh coast.
TotalEnergies, Adani Green to form JV with 1GW renewables portfolio
French oil and gas giant TotalEnergies and India’s Adani Green Energy (AGEL) have entered an agreement to form an equally owned joint venture (JV) with a 1.05GW renewables portfolio in India.
Canada grants Romania C$3bn for nuclear power
Jonathan Wilkinson, Canada’s Minister of Energy and Natural Resources, has committed to granting Romania C$3bn ($2.2bn) of funding for nuclear energy projects. After discussions with Sebastian Burduja, Minister of Energy for Romania, Wilkinson agreed on the sum of export financing available to Nuclearelectrica, the national operator of the Cernavoda Nuclear Generating Station. This will support the construction of two CANDU-6 reactors at the Cernavoda plant.
Biden administration launches “Climate Corps” to train youth in clean energy jobs
The initiative seeks to offer paid training to 20,000 young people, with the aim to help them get high-paying jobs in areas of clean energy, conservation and climate change.
Green Genius to build 198.8MW of solar projects in Lithuania, Latvia
Green Genius, a Lithuania-based clean energy developer, has secured permits for the construction of two solar projects, with a total capacity of 198.8MW, in the Baltic nations of Lithuania and Latvia.
Westinghouse and Bechtel team up to build Poland's first nuclear plant
Westinghouse Electric and Bechtel have forged a partnership to design and build a nuclear power facility in Poland.
Dutch Government to pay RWE €331m in compensation
The Dutch Government will pay German energy company RWE €331.8m ($355m) in compensation to offset lost income from 2022–24 when the government imposed a cap on coal production restricting the company to 35% of its capacity.
In our previous edition
Power Decoded
Signal: Brazil expected to revise climate targets to cut emissions 53% by 2030
21 Sep 2023
Power Decoded
Building green tech in Birmingham: Tyseley Energy Park
20 Sep 2023
Power Decoded
Australian Government says coal-to-nuclear switch would cost $249bn
19 Sep 2023
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