Bloomberg After more than four decades of relying on subsidies, Denmark’s renewable energy industry is ready to survive on its own much sooner than expected. The Danish energy minister, Lars Christian Lilleholt, says that “in just a few years,” renewable energy providers won’t need state support anymore. He says it’s a development he couldn’t have imagined as recently as ...

  Bloomberg Saudi Arabia will offer as much as 1 gigawatt of contracts to buy renewable electricity by the fourth quarter of this year, a government official said, putting more detail on a program designed to stimulate the kingdom’s wind and solar industry. The government will auction power-purchase agreements covering 620 megawatts of photovoltaic installations and 400 megawatts for wind ...

  Bloomberg A group of companies and non-profit agencies that includes energy giants Royal Dutch Shell Plc and BHP Billiton said global greenhouse gas emissions could be cut in half by 2040 without impeding economic development, in part by converting grids to use mostly renewable power. The declining costs of wind, solar and batteries will make it possible within 15 ...