fossil fuels

Savion has commissioned its Martin County Solar Project (MCSP) in the US state of Kentucky, its first to be built on a reclaimed coal mine.

New York state has issued its final siting permit for AES’ 125MW Somerset solar project, to be built on former industrial land.

Eurelectric reports that, in the first half of the year, renewable energy accounted for more than half of Europe's power supply.

A report from Ember Climate notes that wind and solar generation in the EU have cut fossil fuel generation by one-fifth between 2019 and 2023.

Clearway Energy has reported a net income of US$112 million at its renewable projects in the first nine months of the year.

AES has posted net losses of US$19 million in Q2 2023, alongside a US$59 million loss EBITDA compared to Q1 2023.

DE Shaw Renewable Investments has started construction at its 200MWac San Juan solar and storage project in the US state of New Mexico.

Global solar energy investment will surpass oil for the first time in 2023 as PV leads the charge in a projected 24% increase in clean energy investment compared with 2021.

The G7 have agreed not to fund any overseas fossil fuel projects by the end of this year at a meeting in Berlin, Germany in which they also doubled down on their commitments to a faster energy transition in light of Russia’s invasion of Ukraine.

The UN secretary-general, António Guterres, has issued a stark warning concerning the “dismal litany of humanity’s failure to tackle climate disruption” in an speech in which he set out “five critical actions to jumpstart the renewable energy transition”.