renewables News

Cyberattacks on Renewables: The Stuff of Nightmares for Europe’s Power Sector

Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for European power chiefs. Henriette Borgund knows …

G-7 Ministers Set Big New Targets for Solar Power and Offshore Wind Capacity

SAPPORO, Japan — The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But …

Extreme Weather Poses as Big a Threat to Global Energy Security as Ukraine War: WMO

Energy infrastructure will become more vulnerable to extreme weather such as heatwaves and hurricanes, the World Meteorological Organization warned on Tuesday, with a senior official saying that climate change poses as big a threat to global energy security as the …

Marsh Launches 1st Dedicated Insurance for Hydrogen Energy Projects

Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launching the world’s first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. As the …

Generali Asset Management Unit Eyes Investments With U.S. Credit, Renewables’ Focus

Assicurazioni Generali SpA’s asset management unit intends to buy investment firms specialized in U.S. credit markets and renewable energy, as the Italian insurance giant seeks to win outside money beyond its traditional base. “We are seeking to boost our investment …

Russia’s War With Ukraine Must Not Derail Climate Action: Envoys Warn

The world needs to speed up decarbonization and not let a focus on energy security in the wake of Russia’s invasion of Ukraine derail the drive to a low-carbon economy to avert disastrous climate change, leading climate envoys said on …

People Moves: Miller Taps RKH’s Malin, Marsh’s Gil Ramirez for Renewables Team; Chubb’s Haquette to Lead HDI Global’s France Branch Office

This edition of International People Moves details appointments at the London-based broker Miller and the insurer HDI Global in France. A summary of these new hires follows here. Miller Appoints RKH’s Malin, Marsh’s Gil Ramirez for Renewables Team Miller, the …

UK Braces for ‘Storm Eunice’ and Hurricane-Strength Gusts on Friday

Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles (145 kilometers) an hour are set to hit the country on Friday. The weather service said the most dangerous winds …

AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm

Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England, according to people familiar with the …

Storms With Hurricane Gusts Set to Batter NW Europe, Driving Wind Power Generation

Storms across northwest Europe are set to drive electricity generation from wind farms to records this week in gusty conditions that threaten to disrupt transportation and down power lines. Weather forecasters in the UK, France and Germany warned high-speed winds …