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Business

Elon Musk wins backing of shareholders on Є52 billion pay package

Tesla’s shareholders voted to reinstate CEO Elon Musk’s $55.8 billion (€52 billion) pay package, which was rejected by a judge in Delaware earlier this year. Investors also approved the relocation of the company’s incorporation to Texas.

Business

Will far-right surge in Europe pressure renewable energy stocks?

The surging power of far-right factions in the EU Parliament may place the renewable energy sector under significant pressure. Major French green energy stocks have already declined amid the electoral upheaval.

Green News

Ambitions for global renewable energy capacity unrealised, says report

Goal to triple renewable power by 2030 is achievable but countries need to put more effort on implementing energy and climate pledges, the International Energy Agency said.

Economy

Airline bosses hit back as Europe seeks soft landing over net zero

Airlines believe it is unfair of Europe to deprive other economies of the benefits they have enjoyed for decades because of the renewable transition.

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Economy

Euroviews. Energy communities are the drivers of the EU’s re-industrialisation

Green and inclusive competition will be the make-or-break element for the future of EU cohesion. Energy communities should be acknowledged for the multiple co-benefits they bring, Chris Vrettos, Philippe Awouters, Stephan C Krabsen and Luca Varotto write.

Green News

Valencia’s cemeteries to become the country’s largest urban solar farm

The project has been dubbed RIP, standing for Requiem in Power.

Green News

Climate action will boost energy security in Europe by 8% by 2030, IMF

IMF's study focuses on security of supply and resilience of countries' economies.

Green News

Belgium to champion citizen energy at ministerial summit

Speaking exclusively to Euronews, Belgium's energy minister Tinne Van der Straeten explains why she is pushing for governments to recognise the important contribution community electricity projects and cooperatives could make to Europe's energy transition.

Green News

What’s really behind France’s ‘historic’ drop in emissions?

While welcoming the good news, climate campaigners say the government should be more modest about how it was achieved.

Green News

Commission urges nature protection amid fast tracking of green energy

Environmental groups have expressed relief at European Commission guidelines for the acceleration of renewable energy deployment, which stress the need to respect nature protection rules.

Business

Eni divides oil and gas and green energy projects in new finance plan

The aim of the move is to attract more investment by allowing both fossil fuel and renewable energy investors to invest solely in their preferred projects, without any crossover of funds.

Green News

Renewables covered 95% of Portugal’s power needs last month

Portugal has made huge progress in renewable power, up from 27 per cent in 2005 and 54 per cent in 2017.

Climate

Less than 25% of the EU’s electricity came from fossil fuels in April

The drop in fossil fuel generation was driven by wind and solar growth as well as the recovery of hydropower.

Eco-Innovation

Iceland: See inside the world’s biggest plant sucking CO2 from the air

Climeworks is harnessing Iceland’s geothermal power, while gearing up for megatonne capacity around the world.

Business

Munich Re stock rises as company cheers investors with latest earnings

A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re's latest financial results.

Green News

World passes 30% renewables milestone for the first time

A decline in fossil fuel power is now ‘inevitable’, the report's authors say.

Eco-Innovation

‘Game changers’: Battery costs drop by 90% in 15 years

To hit our 2030 energy goals, global storage capacity needs to increase sixfold. Batteries will do most of the heavy lifting.

Green News

How Europe’s energy crisis is feeding the election campaign

The transition from fossil fuels to renewable energy was already a central pillar of the European Green Deal before a belligerent Moscow triggered an energy crisis; now the question of how best to ensure secure, affordable energy is dividing political camps as EU citizens head to the polls in June.

Green News

Biden announces billions of dollars in grants for rooftop solar

Biden announced €6.6 billion in grants that can be used for investments such as rooftop solar and community solar gardens

Green News

Two countries in Europe are powered by 100% renewable energy

Seven countries now generate 100 per cent of their electricity from renewable energy - two are in Europe.

Renewable energy is energy generated from natural sources that are constantly replenished, such as sunlight, wind, water, and geothermal heat.