EFG-Hermes’s private equity arm sold the stake in Vortex III, a photovoltaic portfolio with 365 megawatts of capacity, to TNB International, a subsidiary of Tenaga Nasional Bhd., the Egyptian company said in a statement Thursday.

Researchers have created a device that uses liquids to efficiently convert low-grade heat to electricity. The advance might one day power energy-scavenging devices that can light up sensors and lights and even charge batteries.

BP’s influential annual report on the future of energy, published on Monday, says oil will be replaced by clean electricity from windfarms, solar panels and hydropower plants as renewable energy emerges as the fastest-growing energy source on record.

Alphabet’s Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030. The tech giant is building on its previous goal of matching its energy use with 100% renewable energy.

In the first half of this year, two thirds of electricity generated in the EU was carbon-free. Renewables generation accounted for 40% of the electricity mix and fossil fuel generation dropped by 18% year-on-year to 34%, Eurelectric said in a report.

8 years ago, researchers from the University of Delaware and Delaware Technical College put forward a rather “radical” idea to deal with wind and solar power’s intermittency while also acknowledging wind and solar power’s falling costs - why not just overbuild wind and solar power plants in the future? What seemed like a radical idea back in 2012 is gaining increasing support today.

Distributed energy resources, the small-scale generation facilities such as rooftop solar installations that generate power to be used either on-site or near the site of generation, are an essential part of the renewable energy future.

In order to meet the needs of their customers, utilities are often left with no economic choice but to build new fossil fuel capacity. Investment decisions for power plant projects must be painstakingly planned and made years in advance of actually breaking ground on construction.

Renewable energy production will exacerbate the threat mining poses to biodiversity – the world’s variety of animals and plants. It’s fair to assume that in some places, the extraction of renewables minerals may cause more damage to nature than the climate change it averts.

Researchers at Linköping University have developed a molecule that absorbs energy from sunlight and stores it in chemical bonds. A possible long-term use of the molecule is to capture solar energy efficiently and store it for later consumption.

According to a new report, an estimated $3.4 trillion will be invested in renewable energy during the next decade, including $2.72 trillion in wind and solar. By 2030, 54.1% of installed capacity will be renewable (including hydropower), and 37.9% will be a combination of solar and wind.

OPEC's Second Workshop on Energy and Information Technology will be held on Sep. 21 via video conference. This year’s event sees blockchain technology join the range of energy and tech-related topics to be discussed. It is unlikely that the invited oil industry bigwigs will be discussing the energy consumption characteristics of cryptocurrency. The organization is more interested in streamlining aspects such as the supply chain..