Renewables and Efficiency

The annual solar power generation at PetroChina Tarim Oilfield, China’s third-largest onshore oil and gas field, has surpassed 2 billion kWh as of Sunday. To date, Tarim Oilfield has completed five centralized solar power projects with a total installed capacity of 2.6 million kilowatts. There are also 239 distributed photovoltaic …

China looks to accelerate solar thermal power development in a new policy roadmap unveiled on Tuesday, with plans to have as much as 15 gigawatts (GW) of such installed capacity by 2030. Costs for the solar thermal power, which differs from solar photovoltaic (PV) as it is used to heat …

Norway’s Equinor said it had suspended work on the offshore wind project Empire Wind 1 following a Monday stop-work order issued by the Trump administration. The order relates to a pause on the leases of five offshore wind power projects, declared by the Department of the Interior on national security …

Amid major policy shifts, next year will see the first-ever decline in annual solar power capacity installations, following the weakest growth in seven years in 2025, according to BNEF’s Global PV Market Outlook. Developers are set to add globally a total of 649 gigawatts (GW) of solar power capacity in …

The U.S. solar market saw a significant jump in capacity installations in the third quarter as developers ramp up activity and construction to qualify for the last investment tax credits that are being phased out by the Trump Administration. The industry added 11.7 gigawatts direct current (GWdc) of solar power …

India’s solar sector has hit that awkward stage of adolescence where ambition seems to be outpacing demand. And now the adults in the room are issuing critical warnings. A new letter from the clean-energy ministry, quietly circulated to the finance ministry, urges lenders to think twice before showering cash on …

India’s Serentica Renewables plans to invest up to $11 billion to boost its clean energy portfolio by the end of the decade via project acquisitions and new capacity build outs, chairman Pratik Agarwal has told Reuters. Serentica Renewables, backed by global private equity giant KKR, plans to raise over the …

China’s solar power installations jumped by 30% in October from September, as capacity additions rebounded from the summer months, which had seen a new renewables pricing mechanism alarming investors. Chinese developers installed 12.6 gigawatts (GW) of solar power in October, up by 30% from September, according to data by the …

China will aim to use more renewable energy such as green hydrogen and green ammonia to avoid curtailments of solar and wind power whose soaring capacity sometimes boosts clean power generation beyond the limits of the grids. China will promote and support the use of renewable energy beyond the electricity …

Norway’s $2.1-trillion oil fund is looking to invest in renewable energy assets in the U.S. and expand its clean energy portfolio in Europe, a senior executive at the world’s largest sovereign wealth fund told Bloomberg in an interview published on Monday. The fund has recently hired three people in New …