The US Energy Information Administration (EIA) has forecast in its latest Short-Term Energy Outlook that solar and wind will lead US power generation growth for the next two years.
According to a report from the IEA, 50 per cent more renewable capacity was added globally in 2023 than in 2022, and it predicts that the next 5 years will see the fastest growth in this sector ever, giving it the opportunity to achieve the goal of tripling global capacity by 2030 set at COP28.
REN, Portugal’s national grid operator, said that the country obtained a record amount of its power from clean energy sources in 2023, with renewables accounting for 61 per cent of power use.
Spain’s government has confirmed that it will close all of its remaining nuclear power plants by 2035.
Iranian President Ebrahim Raisi has ordered construction of the largest renewable energy power plant in the West Asia region.
South Africa has launched three bidding rounds for 7615 MW of new power generation from renewable energy, natural gas, and battery storage, part of efforts to overcome power outages crippling the country’s economic output.
Innovation funding is the crucial missing piece of the puzzle needed to start driving clean energy technologies forward at the pace required.
By Andrew Keen, Head of Content, Energy & Resources, Industrials at Edison Group
Masdar and EDF have signed an MOU at the COP28 talks in Dubai to investigate the potential development of 3.6 GW of hydropower and renewable energy projects in the Kyrgyz Republic.
GE Vernova’s Financial Services business and Alfanar Energia España (Alfanar) have established a joint venture to develop renewable energy projects in Spain.
Redes Energéticas Nacionais (REN), Portugal’s network manager, announced that for 149 consecutive hours, renewable energy production in the country exceeding consumption.