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Paris Agreement

Offshore wind market is growing exponentially says GWEC

New installed capacity of offshore wind reached 6.1GW in 2020, 14 times higher than 10 years ago says the Global Wind Energy Council in its latest report
Masdar signs solar agreement with Iraq

Masdar signs agreement to develop 2GW solar in Iraq

Masdar has signed a strategic agreement with the Republic of Iraq to develop solar PV projects in the country with a minimum total capacity of 2GW.
climate commitments

Climate Summit: Turning ambition into action to enable the energy transition

In light of President Biden's Climate Change Summit, Saara Kujala at Wärtsilä Energy highlights the need for less talk and more action from governments to address climate issues.
hydrogen production

World’s first clean hydrogen fund catches attention of global investors

FiveT Capital Holding has launched a private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale.
IEA united energy leaders for COP26 climate action

IEA unites energy leaders for COP26 climate action

We must unite, we must take immediate action and no one can be left behind. Those were the overriding sentiments at the IEA-COP26 Net Zero Summit.

Antigua and Barbuda to clean up fossil fuels-heavy energy mix

Renewable generation, EVs and green hydrogen are the most cost-effective energy strategy for the Caribbean twin-island nation of Antigua and Barbuda.
Utilities must carry the flame of the climate torch says Wärtsilä Energy president Sushil Purohit.

Carrying the climate torch

The US President has lit the spark on a net zero energy system – utilities must now carry the flame says Wärtsilä Energy president Sushil Purohit.

PEI Connect: A chilly US comes home to Paris

The US returns to the Paris Agreement as temperatures drop and cause people to question how reliable renewables really are.

HSBC feels the pressure to abandon fossil fuel financing

Fifteen institutional investors with a combined $2.4 trillion in assets under management have filed a climate change resolution at HSBC.

Oil & gas majors unite to agree energy transition principles

bp, Eni, Equinor, Galp, Occidental, Repsol, Royal Dutch Shell and Total have agreed to apply six Energy Transition Principles to drive their participation in the energy transition.