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Listed company MPower says the value of the Lakeland solar and storage project it bought last year has doubled.

The post MPower doubles its money on one of Australia’s oldest solar and battery projects appeared first on RenewEconomy.

Wildlife experts fear spread could devastate native bees, which the hornets dismember and eat

Asian hornets have been spotted in their greatest numbers yet in the UK, which could have a devastating effect on native bees, which they kill, dismember and eat.

There have been 39 wasps and nests seen in the country since the species was first observed in 2016, and this year there have been 16 sightings, data shows.

Folkestone, Kent: confirmed 11 August.

Folkestone, Kent: confirmed 10 August.

Maidstone, Kent: confirmed 7 August and nest destroyed.

Portland, Dorset: confirmed 7 August and nest destroyed.

Deal, Kent: confirmed 6 August.

Folkestone, Kent: confirmed 4 August and nest destroyed.

Portland, Dorset: confirmed 4 August and nest destroyed.

Whitstable, Kent: confirmed 3 August and nest destroyed.

Deal, Kent: confirmed 2 August.

Plymouth, Devon: confirmed 27 July and two nests destroyed.

Gravesend, Kent: confirmed 24 July and nest destroyed.

Shepherdswell, Kent: confirmed 5 July and nest destroyed.

Deal, Kent: confirmed 28 June and nest destroyed.

Canterbury, Kent: confirmed 31 May and single hornet captured.

Ashford, Kent: confirmed 23 May and single hornet captured.

Newcastle upon Tyne, Northumberland: confirmed 11 April and single hornet captured.

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Japan’s environment ministry has identified four projects under the bilateral Joint Crediting Mechanism (JCM) that it will subsidise in order to secure carbon credits to realise the country's Paris Agreement target, it announced Thursday.

Finding governing models and funding mechanisms to effectively address the ongoing nature crisis will be the main focus when the Global Environment Facility (GEF) next week holds its four-yearly assembly in Vancouver, Canada.

Africa has lost about 90% of its vultures over the past 50 years. It’s a rapidly growing crisis, and the decline is not down to natural causes. Most of these birds are being poisoned, often unintentionally, by humans. We know the impact that mass vulture death can have on humans, because India suffered the same fate just 20 years ago. Neelam Tailor looks into how humans are accidentally killing millions of vultures, and the deadly impact it has had on people

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A European climate tech investment marketplace for the agriculture industry is to generate 250,000 carbon credits in Europe next year from sustainable farming carbon projects, it said Thursday.

Oil and gas exploration is not going anywhere, however capital discipline and environmental, social, and governance concerns will see greater focus by companies and a ceiling for spend, analysts have found.

A wildfire that broke out in a national park on the Spanish island of Tenerife has spread to 300 hectares, prompting authorities to order the evacuation of five villages and sever access to the forest surrounding the Mount Teide volcano

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Two Australian companies have signed a A$1.45 million ($928,000) data and tech sharing agreement that will help measure primary production land for carbon and biodiversity projects.

Japanese trading house Mitsui has invested in a US-based project developer to help accelerate the promotion of regenerative agriculture as part of its growing involvement in the global market for nature capital, it announced Thursday.

Analysis finds Treasury rules on new windfarms likely to stifle energy generation and keep bills high

New offshore windfarms will be strangled by government red tape, costing UK billpayers £1.5bn a year, an analysis has found.

The latest government auction for new offshore windfarms, due to be completed in September, could result in few projects making it through Treasury rules, according to the Energy and Climate Intelligence Unit (ECIU), a non-profit organisation.

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Australian supermarket chain Woolworths Group has teamed up with a research thinktank to co-design a pilot programme to test incentives for farmers to measure their natural capital in supply chains.

Thermal energy storage hopeful marks key milestone in funding deal with gas giant Woodside.

The post 1414 Degrees commissions molten silicon energy storage demonstrator appeared first on RenewEconomy.

Exclusive: State oil firm, whose chief will preside over Cop28, also accused of ‘incoherent’ reduction targets

The United Arab Emirates, which will run the crucial Cop28 UN climate summit in December, has failed to report its emissions of the powerful greenhouse gas methane to the UN for almost a decade, the Guardian can reveal.

Its state oil company, Adnoc, whose chief executive, Sultan Al Jaber, controversially will preside over the climate summit, has also set itself a methane leak target far higher than the level it claims it has already reached. Al Jaber recently urged countries and companies to be “brutally honest” about the inadequacy of global action to fight the climate crisis.

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Cimic subsidiary Pacific Partnerships buys development rights for 300MW solar farm and possible two-hour battery in Queensland's Western Downs region.

The post Cimic steps up solar plans with 300MW plus battery project in Sunshine State appeared first on RenewEconomy.

Terrain Solar's Marulan solar farm and 150MW/600MWh battery becomes the latest major PV project to win approval from the NSW Labor government.

The post Solar farm and four-hour big battery get green tick in rush of new project approvals appeared first on RenewEconomy.

California start-up attracts more big name investors to its low cost "heat battery" technology, and targets Australia as prime market to replace gas in industrial processes.

The post Heat Battery: Rondo targets Australia after landing global giants in latest fund raising appeared first on RenewEconomy.

The 100MW, two-hour battery will be built alongside the Wagerup Power Station and Alcoa refinery to soak up solar and support and stabilise WA's south-west grid.

The post Alinta to build 200MWh big battery next to Alcoa aluminium plant to soak up solar appeared first on RenewEconomy.

EV Maritime's Michael Eaglen on why we may soon be catching electric ferries to work in our harbour cities.

The post The Driven Podcast: Electric ferries are about to dock appeared first on RenewEconomy.

WA - the world's biggest micro-grid - needs a lot of new battery capacity as it scrambles to meet surging green industry demand. it has delayed the closure of one coal unit.

The post World’s biggest micro-grid needs gigawatts of new battery capacity – and very soon appeared first on RenewEconomy.