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IEA: Massive Investment in Developing Economies Needed to Reach Net-Zero

The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling...

IEA: Clean Energy Investment Rebounded but Needs to Rapidly Accelerate

Global investment in energy is set to rebound by nearly 10% in 2021 to $1.9 trillion, reversing most of last year’s drop caused by...

Federal Tax Credits Spur Record-Breaking Renewable Growth

In 2020, renewable sources of electricity such as wind and solar grew at their fastest rate in two decades and are set to expand...

Wind on the Rise, Oil, Gas and Coal on the Decline

This year, renewable power is growing robustly around the world, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts...

Siemens Gamesa Names New CEO

The board of directors of Siemens Gamesa Renewable Energy (SGRE) and Markus Tacke have mutually agreed to terminate his CEO contract. Andreas Nauen, who...

IEA: Largest Drop in Global Energy Investment Ever

The COVID-19 pandemic has caused the largest drop in global energy investment in history, with spending expected to plunge in every major sector this...

IEA: COVID-19 Shocks the Global Energy System

The Covid-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year...

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