Environmentalism

DWS boss steps down after German ‘greenwashing’ raid

The chief executive of DWS stepped down, the German asset manager said Wednesday, after the financial institution was raided by prosecutors in relation to "greenwashing" allegations.    

Asoka Woehrmann had "resigned as CEO of DWS Group" with the decision coming into effect after the asset manager's annual general meeting on June 9, it said.     

US offshore wind power lease sale nets record $4.3 billion

Energy companies bid a record $4.37 billion on Feb. 25 for leases to develop wind power off the U.S. east coast, authorities said, after sales key to America's renewable electricity ambitions.

The six sites are in an area called the New York Bight and total 488,000 acres (197,500 hectares), making it the biggest U.S. renewable power auction ever.

Slovenia embarking on energy transition with mix of renewables, nuclear

Ljubljana – Slovenia is counting on nuclear in its energy transition since renewable sources alone will not suffice to cover the production shortfall once coal is phased out given that the country has missed many opportunities already, Infrastructure Minister Jernej Vrtovec said on Tuesday. “There is potential for more photovoltaic plants and four hydro power plants.

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