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Mitsubishi invests in UK company to bring off-grid solar to Asia

By Anne workforce / August 28, 2019

Japanese conglomerate backs solar utility BBOXX to expand service in south Asia and Africa A British energy firm lighting up homes in Africa with pay-as-you-go solar power has secured £40m to extend its reach to Asia with the help of Japan’s Mitsubishi. The conglomerate has taken a stake in off-grid solar company BBOXX through the […]

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Just 10% of fossil fuel subsidy cash ‘could pay for green transition’

By Anne workforce / August 13, 2019

Redirecting small portion of subsidies would unleash clean energy revolution, says report Switching just some of the huge subsidies supporting fossil fuels to renewables would unleash a runaway clean energy revolution, according to a new report, significantly cutting the carbon emissions that are driving the climate crisis. Coal, oil and gas get more than $370bn […]

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UK risks losing out to Europe in home battery boom, report warns

By Anne workforce / August 12, 2019

Controversial tax hike could leave country lagging behind as continent powers ahead The UK risks being left behind in Europe’s home battery boom because of a controversial tax hike on solar-battery systems, according to a report. The energy consultancy Wood Mackenzie has predicted that Europe’s home battery capacity could climb fivefold in the next five […]

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UK solar power pioneer Solarcentury profit grows 860% in a year

By Anne workforce / July 26, 2019

Subsidy-free solar farms have helped connect millions in Africa to cheap electricity A UK solar power pioneer has grown its profits eight-fold by investing in subsidy-free solar farms that have helped connect millions of homes in Africa to cheap electricity. Solarcentury, one of the UK’s fastest growing renewable energy companies, will report profits of £14.4m […]

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It’s high time to create a World Carbon Bank | Kenneth Rogoff

By Anne workforce / July 9, 2019

We could use a global carbon tax to give developing countries incentives to phase out coal Although much derided by climate-change deniers, not least Donald Trump, Alexandria Ocasio-Cortez’s Green New Deal hits the nail on the head with its urgent call for the US to lead by example on global warming. But the sad truth […]

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Ethical investing: a solar scheme with the power to change lives

By Anne workforce / July 8, 2019

Energise Africa offers a 5% return and allows you to help support low-income families Fight the climate crisis and earn a return of 5% at the same time, plus enjoy a guarantee on your investment. That’s the offer from an ethical investment scheme that allows people to put money into companies providing African families with […]

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Eskilstuna: how a Swedish town became the world capital of recycling

By Anne workforce / June 23, 2019

The city was dying. Then somebody had a great idea to save it – make it the greenest place on Earth ‘People talk about Eskilstuna as the place where nothing new is invented,” says the shopping mall manager Anna Bergström. An hour’s train ride from Stockholm, the “Sheffield of Sweden” has had something of an […]

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Australia to achieve 50% renewables by 2030 without government intervention, analysis finds

By Anne workforce / June 23, 2019

RepuTex modelling suggests surge in state schemes and rooftop solar will reduce wholesale prices, making gas- and coal-fired power less competitive Australia is on track to achieve 50% renewable electricity by 2030 even without new federal energy policies, according to modelling by the energy analysts RepuTex. The analysis, to be released on Wednesday, suggests that […]

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