Policy

Despite investing US$605 million in Bangladesh’s energy sector during the last five years, the Asian Infrastructure Investment Bank has reportedly not supported a single renewable energy project, according to experts and environmental activists.

Norwegian renewables specialist Scatec has revealed plans to collaborate with Fertiglobe and the Sovereign Fund of Egypt on the development of a green hydrogen plant in Egypt with an electrolyzer ranging from 50 MW to 100 MW.

Solar Energy Corp. of India has released draft guidelines for a tender to set up standalone battery energy storage systems in India.

The situation in the energy markets is tense. Following national pushes for action, the European Commission has now announced its set of recommendations to combat rocketing energy prices.

Industry body the Renewable Energy Association (REA) is calling on the U.K. government to reduce tax on various clean energy technologies and energy efficiency measures in the residential sector, with particular emphasis on battery installations. The association sees this as one of the most effective ways to protect consumers from volatile energy prices, as well as for the country to meet its stated decarbonization goals.

Re-Source 2021 in Amsterdam has kicked off and the pivotal timing of the event has not been lost on any of the attendees or speakers. It is the time to kickstart the energy transition, and following the European Commission’s endorsement of corporate renewable PPAs as a solution to surging energy prices, this is the room where it could happen.

A consortium of investors is evaluating a hydrogen production project on the Orkney Islands to the north of Scotland, that would transform the island into a hub for hydrogen production, taking advantage of abundant wind resources nearby in the North Sea.

A new report published by the International Energy Agency offers a series of guidelines for the design of recyclable PV modules. The report aims to help manufacturers find the balance between durability and recyclability, to better address concerns about the 78 million tons of end-of-life PV modules expected by 2050.

If a U.S. customs enforcement action were to take place, importers would need to prove that no forced labor was used at any stage of production, including all the way back to the mine.

Ahead of the COP26 conference beginning in Glasgow later this month, the International Energy Agency this week published its World Energy Outlook report for 2021. While it expects rapid growth in renewable energy, the report finds that, on top of currently stated policies, annual energy transition-related investments would need to reach US$4 trillion annually by 2030.