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Power DECODED

Latest edition: 01 Mar 2024
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Spotlight

Venture capital funding for decarbonisation has stalled since 2022 - report

Funding for decarbonisation projects peaked in 2022 followed by a roughly 90% drop in 2023, a new GlobalData report reveals.

Latest news

Drax profits surge 66% as new report finds company still burning rare wood

UK energy company Drax posted a 66% surge in its full-year results on Thursday and raised its dividend, just as a damning investigation by the BBC, published on Wednesday, finds the company is still burning rare forest wood despite sustainability claims.

How will climate change affect rail?

Infrabel, Network Rail and Deutsche Bahn share how they are mitigating potential threats from climate change.

NTPC and MAHAGENCO JV develops renewables in Maharashtra, India

NGEL, a subsidiary of Indian power major NTPC, has entered into a JV agreement with MAHAGENCO to develop renewable energy parks in the state of Maharashtra.

Netherlands launches tender for 4GW offshore wind projects

The Netherlands Enterprise Agency has initiated the tender process for two offshore wind projects in the IJmuiden Ver zone in the North Sea, with 4GW of capacity.

UK launches 4.5GW Celtic Sea floating wind lease auction

The UK’s Crown Estate has formally launched the Celtic Sea floating offshore wind leasing round to award leases for 4.5GW of generation capacity.

Masdar acquires 49% stake in 3GW UK Dogger Bank South projects

Masdar, a United Arab Emirates-based renewable energy company, has completed the acquisition of a 49% stake in the Dogger Bank South (DBS) offshore wind projects in the UK from RWE.

How clean cooking has ‘moved to the top of the energy agenda'

Policymakers and businesses are finally realising that clean cookstoves are a huge business opportunity as well as a solveable problem.

Middle East Energy Transition Market Trends and Analysis

See analysis and trends on the Middle East’s energy transition across non-renewable and renewable sources.

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