Top energy news: Speeding up green transition is cheaper than delaying, ECB says; UAE pledges $4.5 billion for green energy in Africa; Indonesia steps up renewable plans in bid to cut coal use.

Investment in renewable energy is skyrocketing, in line with ambitious national targets aimed at curbing carbon emissions. As renewable energy capacity grows, better ways of storing this energy should be identified, to avoid waste and deal with demand spikes. Utility companies and other providers are increasingly focused on developing effective long-term energy storage solutions.

Electric vehicle sales continue to skyrocket, with a 71% increase in May in Europe. Governments are increasing financial support to boost EV adoption, but challenges remain to mainstream EVs.

The Energy Transitions Commission (ETC) gathered its members, leaders from across the energy, industry and finance landscape in a recent meeting in July. The ETC team distilled 5 Key Messages on the Energy Transition reflecting the current state of progress.

UN Secretary-General warns of 'global boiling' as Europe burns and July set to be hottest month on record; Asia is the world's most disaster-prone region, according to WMO; Florida ocean surface temperature hits hot-tub levels.

More recharging and refuelling stations for alternative fuels will be deployed in the coming years across Europe enabling the transport sector to significantly reduce its carbon footprint following adoption on the alternative fuel infrastructure regulation (AFIR).