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.
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 the Danish energy company EWII have agreed to jointly develop 1 GW of renewable energy capacity in the Nordic region by 2030.
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 has signed an MOU with Macquarie Green Investment Group (GIG) to cooperate in developing renewable energy power generation projects.
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.
In terms of green energy, the collapse of UK energy supplier, Bulb Energy, is a big blow for the government’s pledge to fully decarbonise its power grid by 2035.
By Kunal Sawhney, CEO, Kalkine Group
RWE has announced that it will double its renewable energy generation capacity to 50 GW by 2030; it said that it would invest €50 billion to achieve this expansion.
The Spanish Ministry for Ecological Transition and the Demographic Challenge has launched a tender process to offer grid access for 1202 MW of renewable energy projects in the region affected by the closure of a coal-fired power plant in Aragon.
Hydrogen is a versatile fuel that can be used for everything from transport to steelmaking, but if it is to deliver on its promise, the market needs to get very big and move quickly.
By Steve Scrimshaw, Vice President at Siemens Energy UK & Ireland