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Shell to acquire 9.6 GW renewable power company in India
- 2022-05-11 05:51:33
- David Flin
Shell has announced that it plans to acquire Sprng Energy for $1.55 billion, a renewable energy company in India owned by the investment firm Actis.
McKinsey expects fossil fuels to peak by 2030
- 2022-05-02 07:09:11.656817
- David Flin
Research by the consultancy firm McKinsey & Company says that the energy transition is accelerating, with the share of renewables in global power generation expected to double over the next 15 years, and fossil fuel demand projected to peak before 2030.
Masdar to develop 1 GW of renewable projects in Kyrgyzstan
- 2022-04-19 06:37:47.811247
- David Flin
UAE-based renewable energy company Masdar and Kyrgyzstan’s Ministry of Energy have signed an MOU to explore up to 1 GW of renewable energy opportunities in Kyrgyzstan.
World’s renewable energy capacity passed 3 TW in 2021
- 2022-04-14 07:19:34.244875
- David Flin
The International Renewable Energy Agency (IRENA) announced in its annual statistical report that renewables accounted for 38.3 per cent of global electricity generation capacity at the end of 2021, reaching 3.06 TW.
Georgia Power seeks approval for 2.3 GW renewables in 2022
- 2022-02-03 06:55:10.768910
- David Flin
US utility Georgia Power is seeking approval to add 2.3 GW of renewable energy capacity in 2022 as part of a wider plan to expand its renewable capacity to 11.5 GW by 2035.
Brazil power generation capacity to grow 37 per cent in 10 years
- 2022-01-26 06:12:22.630561
- David Flin
The Brazil government said that the country’s power generation capacity will increase by 37 per cent from 200 GW to 275 GW over the next 10 years.
Tokyo Gas and EWII to develop renewable projects in the Nordic region
- 2022-01-25 06:44:05.624001
- David Flin
Tokyo Gas and the Danish energy company EWII have agreed to jointly develop 1 GW of renewable energy capacity in the Nordic region by 2030.
India’s Adani Enterprises launches green energy business
- 2022-01-11 06:45:02
- David Flin
Adani Enterprises, the Indian coal mining company, has set up a new subsidiary to produce green hydrogen and equipment for solar and wind power generation.
Hyundai Engineering and Macquarie GIG sign MOU over renewable energy projects
- 2021-12-24 07:11:47.607057
- David Flin
Hyundai Engineering has signed an MOU with Macquarie Green Investment Group (GIG) to cooperate in developing renewable energy power generation projects.
Rapid ramp-up in renewables will be central to achieving net-zero
- 2021-12-15 18:56:25
- Junior Isles
A rapid acceleration in the rollout of renewables will be crucial if economies are to meet ambitious net-zero goals. Pierre Georges, Senior Director, Sector Lead for EMEA Utilities at S&P Global Ratings, explains why volatile energy markets and enduring supply chain issues pose challenges to the ongoing energy transition.
