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Swiss renewable energy battle moves to the ballots
Swiss renewable energy battle moves to the ballots
by  AFP

Switzerland's largest wind farm, sitting astride the ridge of the Jura mountains by the French border, consists of only 16 turbines -- tiny compared to those of other European countries. Switzerland's largest party, the hard right Swiss People's Party (SVP), has also backed the vote, warning that implementing the law could threaten Swiss energy security.

Solar investment outstrips all other power forms: IEA
Solar investment outstrips all other power forms: IEA
by  AFP

More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world's top energy research body said Thursday. Combined investment in renewables and nuclear for electricity generation is now set to reach 10 times the amount going to fossil-fuel power, led by solar, with China investing the biggest share.

ECB makes first rate cut since 2019 but sees 'bumpy road'
ECB makes first rate cut since 2019 but sees 'bumpy road'
by  AFP

The European Central Bank cut interest rates for the first time since 2019 on Thursday as eurozone inflation gradually eases, but president Christine Lagarde said the path ahead was unclear and warned of a "bumpy road".

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