China’s installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country’s pursuit of green development. By the end of October, China’s total installed power generation capacity reached about 2.5 billion kilowatts, rising 8.3% year on year, data from the National Energy Administration …
Read More »Europe’s Wind Energy Industry has Hit a Rough Patch
Why isn’t wind power going gangbusters? In Europe, the energy crisis is causing solar power growth to break record after record. In the United States, the Inflation Reduction Act has provided major incentives to the renewable energy sector. For the last two weeks, the world’s preeminent energy and environmental experts …
Read More »Ireland Ranked 13th for Green Energy Investors
Green energy investors rate Ireland as 13th of the 40 most attractive destination for their money, a new survey says. The EY Renewable Energy Country Attractiveness Index, published on Thursday, says the State has held a strong position in the rankings of the countries assessed. The 13th spot represents a …
Read More »Brussels Tables Emergency EU Permitting Rules for Renewables
The European Commission on Wednesday (10 November) tabled temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia’s war in Ukraine calls for exceptional measures. Under the proposal, renewable energy projects “would be presumed to be of overriding …
Read More »European Leaders Highlight Role of Clean Energy in Enhancing Economy
European leaders participating in the UN climate change summit (COP27) in Egypt underlined the importance of green hydrogen and clean energy in enhancing the economies of countries worldwide. Speaking at a roundtable on investment in the future of energy, German Chancellor Olaf Scholz emphasized the need to move to green …
Read More »U.S. Solar Capacity has Grown 28,500% since 2008
The U.S. has plans to expand its solar energy market exponentially in support of its optimistic climate change policies. The country has already established several widescale solar projects, and with the introduction of the recent Inflation Reduction Act (IRA), renewable energy companies are being provided with the funding and tax …
Read More »Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fell by 15%, offshore wind by 13% and solar PV by 13% compared to 2020. Renewable Power …
Read More »Romania could soon House Europe’s Largest Photovoltaic Park
Independent clean energy producer Rezolv Energy has acquired the rights to build and operate a 1,044 Megawatt solar photovoltaic plant in western Romania, which, if constructed, is expected to become Europe’s largest solar PV plant. Rezolv Energy, which acquired the rights from the Monsson Group, is investing in around 1.6 …
Read More »China’s Renewable Energy Capacity Expands in January-September
China’s installed capacity of renewable energy registered rapid growth in the first nine months of the year amid the country’s pursuit of green development. In the January-September period, the installed capacity of wind power increased 16.9 percent year on year to around 350 million kilowatts, while the installed capacity of …
Read More »China Plans Mammoth Offshore Windfarm
The Chinese city of Chaozhou in Guangdong has plans to begin construction on its massive 43.3 GW offshore wind farm within the space of a few years, according to the city’s most recent five-year plan. The location of the wind farm is ideal, with winds strong enough to run the …
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