Returns ‘not as good’ for grid development compared to renewables generation, says Indonesia’s state utility

Published on June 11, 2024

State-owned utility Perusahaan Listrik Negara (PLN) is calling for more innovative financing tools to build some 50,000 kilometres of new transmission lines in the next decade to distribute the archipelago's growing green power supply.

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As UN chief slams advertising industry for promoting fossil fuels, agency majors go quiet

June 11, 2024
António Guterres called ad agencies "enablers to planetary destruction". The industry's biggest ad firms have not responded to calls to drop fossil fuels clients. Dirty energy ads will have to be banned before agencies transition, say NGOs.

Clean energy will draw $2T in investments this year, setting new records: IEA

June 11, 2024
Clean energy technologies and infrastructure are likely to receive twice as much global investment this year as fossil fuels, but countries still aren’t on track to fund the tripling of renewable energy capacity they agreed to at last year’s COP28 climate summit, the International Energy Agency concludes in a pair of reports issued this week.“Total energy investment worldwide is expected to exceed