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Almost half of Australian big business moving to renewables

Almost half of Australia’s large businesses are actively transitioning to cheaper renewable energy, including many going off the grid by building their own generators and battery storage, as power bills threaten their bottom line. A new report by the Climate

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Oil Change Int’l responds to Canada’s deal to purchase Kinder Morgan assets

Canada’s government announced that it will pay $4.5 billion to Kinder Morgan to buy both the 65-year-old Trans Mountain pipeline and the controversial Trans Mountain Expansion Project. The government also announced that it will assume liability for construction costs of

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Interview with Solar Ventures’ Michele Appendino

In light of our upcoming ‘Solar Market Parity Europe’ conference, Solarplaza interviewed Michele Appendino, the Chairman and CEO of Solar Ventures, an Italy-based, but internationally operating, independent power producer. They developed, built and operated a large portfolio of solar assets

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New York will invest $1.5 billion in renewable energy projects

New York will be investing nearly $1.5 billion into a variety of renewable energy projects over the next five years. State governor Andrew Cuomo made the announcement alongside former vice president Al Gore. 26 large-scale projects will help get New

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Central banks emerge as threat to debt-funded green energy boom

Central banks are emerging as a bigger threat to the green-energy revolution than Donald Trump. While the U.S. president is tinkering with rules to give coal a leg up over wind and solar, it’s higher interest rates that threaten to

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Ireland votes in favour of law to become world’s first country to fully divest from fossil fuels

Ireland has voted to be the world’s first country to fully divest public money from fossil fuels. The Irish Parliament passed the historic legislation in a 90 to 53 vote in favour of dropping coal, oil and gas investments from

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From oil to solar energy: Saudi Arabia plots a shift to renewables

Life in Saudi Arabia has long been defined by the oil that flows from the kingdom. Over decades, the vast wealth it pumped out paid not just for gleaming towers and shopping malls but also for a government sector that

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Chile: solar to become primary energy source by 2030

The government of Chile and the four groups that comprise the Chilean association of electricity producers, Generadoras de Chile – French energy group, Engie, Italian utility, Enel, U.S.-based AES Gener, and Chilean power provider, Colbun – have agreed not to

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Lloyd’s of London to divest from coal over climate change

Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies. Lloyd’s will start to exclude coal from its investment strategy from 1 April. The definition

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Global solar investments topped US$160.8 billion in 2017

Bloomberg New Energy Finance (BNEF) has reported that global solar investments topped US$160.8 billion in 2017, an 18% increase over the previous year and importantly, despite capital costs declining around 25%. Not surprisingly, China led to the investment, accounting for

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