The US Energy Information Administration (EIA) has forecast that the largest increases in the USA during the summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online.
The Japan Wind Power Association (JWPA) has set a goal for the country to increase capacity to 140 GW by 2050, from less than 5 GW now, to meet a third of the country’s electricity demand and help it achieve its 2050 carbon neutrality target.
Torrent Power Ltd has awarded a contract to Suzlon Energy to develop a 300 MW wind power project in Karnataka, India.
The Spanish renewable energy group Naturgy will acquire ASR Wind, a portfolio of 12 wind farms, from private investment house Ardian for an unspecified sum.
The West Australia government will spend nearly $3 billion on a renewable battery storage system and wind generation as part of a major overhaul of its energy network as it prepares for the retirement of its coal-fired power plants.
Monsoon Wind, Laos’ first wind project, has started construction. The 600 MW project is owned by Thailand-based Impact Energy Asia Development.
Enel has announced that two power generation companies that it holds in Peru will be merged. This will create a larger entity valued at $2.31 billion.
A report by the climate and energy think tank Ember has said that wind and solar energy reached a record 12 per cent of global electricity generation in 2022, up from 10 per cent in 2021.
Vibrant Energy, an Indian renewable energy developer, has won funding of $268 million from Power Finance Corporation.
According to the US Energy Information Administration (EIA), electricity generated in 2022 from renewables exceeded that from coal for the first time.