EnergyWatch

Renewables

Energy sector to be the engine of Sweden's green transition

During the next 25 years, Sweden's power consumption will rise by what corresponds to one and half times the consumption of neighboring Denmark. But if the country is to achieve net-zero emissions by 2045, it needs to accelerate its power grid build-out, says industry organization Swedenergy.

UK onshore wind dives for second consecutive year

The volume of new onshore wind capacity in the UK installed in 2019 didn't even match the preceding year's build-out. A domestic trade association is now concerned about about Britain's mid-century zero-emissions target.

Blackrock to shun polluters in fight against climate change

Major US asset manager Blackrock means to give up investments with "sustainability-related risk" and launch new products to screen fossil fuels, the firm's CEO writes in an annual letter to executives. The firm entered the Climate Action 100+ group last week, joining hundreds of investment managers in pressuring GHG emitters to reduce their climate footprints.

Vestas seizes throne on collapsed major market

Three years into its tender scheme, Germany has finally installed its first gigawatt. Most of the capacity was installed by Vestas, which by a hair's breadth also seems to have become market leader for the first time, when measured by the entire tendered capacity.

Blackrock joins USD 41 trillion investor climate campaign

The New York-based major asset manager now adds its hefty influence of USD 7 trillion in AuM to the Climate Action 100+ investor group, putting even more pressure on big greenhouse gas emitters and fossil fuel companies and adding serious investment capital to climate change mitigation projects.

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