Eco Innovation

As the COP26 meeting in Glasgow gets underway, many countries are behind on their targets for increasing the share of renewables in power generation no matter their income levels, partly as a consequence from delaying mobilising at least $100bn in climate finance.

The technology group Wärtsilä will supply a 70 MW captive power plant for the BUA’s new Sokoto cement production plant in Nigeria.

The climate crisis requires urgent action as we need to significantly reduce our CO2 emissions to curb climate change and limit the average temperature increase to about 1.5°C. Here, Austrian ORF meteorologist, Marcus Wadsack states: "We are the first generation to feel climate change and the last to do something about it. We have the technology and the money, it would be negligent if we do nothing."

Mainstream renewable power announces twelve of their projects have won preferred bidder status in Round 5 of South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

The Czech Republic has ambitious plans to phase out coal and transition to more renewable energy by 2030, however the country seems to have no clear roadmap to achieve this goal.

Waste heat from production at the BillerudKorsnäs mill in Frövi will be harnessed and used to run a 20-hectare industrial estate, including Sweden’s largest tomato greenhouse. 

Harbours and ports’ transition to full electrification will be a key contributor in reducing shipping’s output of greenhouse gases, said Vattenfall. Despite transporting around 80% of global trade, shipping accounts for a modest three percent of global greenhouse gas emissions.

Croatia has adopted renewable auctions in a bid to increase the share of renewables in its power mix, according to GlobalData. These auctions are expected to help increase the country’s installed renewable power capacity (excluding hydropower) from 1 gigawatt in 2020 to 3.2 gigawatts in 2030, growing at a remarkable CAGR of 12%.

NexWafe has announced the induction of Reliance New Energy Solar Limited (RNESL), a wholly owned subsidiary of Reliance Industries Limited (Reliance) as a strategic lead investor in its $45 million Series C financing round with an investment of $29 million in phase one.

The EU-funded Arbaflame project is aiming to produce 70,000 tonnes biomass-based combustibles per year to enable clean power generation. The biomass pellets are made of wood and can be used as a 100% sustainable alternative to coal in power plants to produce carbon-neutral power.