fossil fuels

The EU’s REPowerEU plan to shift away from Russian gas is “faltering” despite ongoing turmoil in global fossil fuel markets, according to analysis by the European Court of Auditors (ECA).

Xcel Energy has announced plans to install 2GW of new renewable energy capacity in the US states of Texas and New Mexico.

BrightNight made community engagement central to its plans for a 201MW PV project in a former mining area in Kentucky.

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.