Eskom has announced plans to shift heavily towards renewable energy sources from its current predominantly coal-fired generation fleet, targeting 32 GW of renewable energy capacity by 2040, compared to the current level of less than 1 GW.
India has made a significant leap in its transition to clean energy, achieving 50 per cent non-fossil fuel-based power generation capacity, five years ahead of its 2030 target.
According to data from GlobalData, Türkiye’s renewable power generation capacity will reach 38.2 GW by 2035, representing an annual growth rate of 17.1 per cent from 2024 to 2035.
Latvia-based Aerones has raised €55 million to support the global expansion of its robotic and AI-enabled technologies for wind turbine maintenance.
Morocco has announced plans to increase power generation capacity from 12 GW to 27 GW by 2030 through a €11.5 billion investment programme, announced by Leila Benali, Morocco’s Energy Transition Minister.
While policymakers rightly focus on expanding renewables and reinforcing the grid, they often overlook a critical enabler of both: demand-side flexibility (DSF).
By Simon Bushell, CEO, Sympower
Coal India Limited (CIL) has announced plans to invest €2.7 billion to build up to 4.5 GW of renewable energy generation capacity. It signed an MOU with the ammonia producer AM Green to increase India’s hydrogen and ammonia production.
The Azerbaijan Ministry of Energy has signed several contracts with Chinese companies for the development of renewable energy and battery energy storage projects totalling 2.4 GW capacity.
The Philippines Department of Energy (DOE) has said that it is optimistic the country will hit its target to increase to 50 per cent the share of renewable energy in power generation by 2040.
The Vietnam government has announced its intention to increase installed capacity, which stood at 80 GW in 2023, to between 183 GW and 236 GW by 2030. It will focus on developing renewable energy and re-introduce nuclear power under the country’s amended national power plan, which outlines an investment of $136.3 billion.