climate change

New analysis from Deutsche Bank reveals that even if President-elect Trump follows through with all his anti-clean energy promises surrounding the Clean Power Plan, the Paris Agreement and the ITC, all is not lost for the US clean energy industry.

When renewables-novice and coal champion Donald Trump won the US presidential election yesterday, the global energy industry gawked in horror. Initial review of the Republican billionaire’s energy plans might leave the impression that the progress clean energy sources have achieved so far will be undone. A deeper look into Trump’s energy policy under adviser Kevin Cramer reveals a siege on existing regulation and a roll-back on spending.

As the news sinks in about the newly-elected US president Donald Trump, who shocked the world by narrowly beating Democratic challenger Hillary Clinton, industry stakeholders are taking stock.

Donald Trump once again shunned solar and other renewables in favour for coal in his characteristic “America first” energy policy, while Hillary Clinton did not fare much better, but did at least reaffirm her commitment to fight climate change, albeit as an afterthought.

On Friday in New York, the historic UN global climate agreement was officially signed by a host of world leaders, signifying the unified global effort to tackle one of the world’s most insurmountable environmental and economic issues.

Finnish power source manufacturer Wärtsilä has broken into the solar industry by launching hybrid utility-scale PV systems.

The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.

Saudi Arabia’s energy minister has said he believes it will be impossible to keep fossil fuel resources “in the ground” even in the next 50 years but nonetheless sees his country as an ideal potential manufacturer-exporter of PV panels.

The second annual German government-backed event promoting discussion and exchanges of views on Energiewende ('energy transition'), the nationwide policy which has catapulted the country into a leading position on renewable energies including PV, begins today.

UN secretary-general Ban Ki-moon has told a meeting of investors representing US$22 trillion in assets that they must double their investment in clean energy.