The European Bank for Reconstruction and Development (EBRD) will no longer finance thermal coal mining or coal-fired electricity generation and will focus instead on renewable energy as part of its new five-year decarbonisation energy strategy.
Solar, storage and wave energy developer Carnegie Clean Energy has secured AU$200,000 of industry-matched funding from National Energy Resources Australia (NERA) to help it add solar power to an offshore gas platform run by Eni Australia in the Southern Bonaparte Basin.
President-elect Trump has selected several of his cabinet members already, with the common theme being a shared climate scepticism and a kindred affinity for fossil fuels. The energy industry has reacted, with some despairing and others cautiously optimistic.
BCPG, the renewable energy power producer of Thai oil refiner Bangchak Petroleum, could potentially raise up to 5.9 billion baht (US$170 million) from an initial public offering (IPO) this month, according to the company.