The EU generated a record 22.3 per cent of its electricity in 2022 through wind and solar power, overtaking natural gas, at 19.9 per cent, according to a report by energy think tank Ember, published in the European Electricity Review.
Danish renewable energy developer GreenGo Energy announced that it was developing a $8.77 billion green energy park in western Denmark.
JA Solar has entered into a partnership with AMEA Power, and will enter into a consortium with China Energy Engineering Group, China Energy International Group, and Zhejiang Thermal Power Construction to provide an integrated solution for the GW-scale wind and PV energy projects AMEA is embarking on.
The International Energy Agency (IEA) has released a report indicating that it expects the global capacity of renewable power generation to almost double over the next five years as countries step up efforts to deal with the energy crisis caused by Russia’s invasion of Ukraine.
A 120 MW PV power generation project has been connected to the grid and started supplying electricity in Tibet, according to China Huadian Corporation.
Japan’s MUFG Bank is financing the construction of two solar projects with a combined capacity of 220 MW by India’s Tata Power.
Amea Power has been awarded a 120 MW solar PV project in South Africa.
The International Energy Agency (IEA) has raised its global forecast for the growth of renewables in what it describes as its: “largest ever upward revision” for the sector.
ACWA Power and the Water and Electricity Holding Co. (Badeel), a unit owned by Saudi Arabia’s Public Investment Fund (PIF), have signed PPAs for the development of a 2060 MW solar PV plant in Al Shuaibah, Makkah province, Saudi Arabia.
Canadian renewable energy company NeoGreen Hydrogen and Portuguese developer of solar PV parks Frequent Summer have announced that they plan to invest €1 billion in a green hydrogen plant in Portugal.