China saw strong exports in photovoltaic products (PV) last year as the world picked up efforts to cope with climate challenges. In 2021, the country’s PV exports surpassed $28.4 billion, growing about 60 percent from $18.23 billion a year before, the Ministry of Industry and Information Technology said. With a …
Read More »China Criticizes U.S. for Extending Tariffs on Imported Solar
China criticized U.S. President Joe Biden’s decision to extend tariffs on imported solar equipment, saying the act will “distort” international trades of the renewable energy product. “The U.S. government insisted on the extension regardless of the strong opposition domestically and internationally,” the Ministry of Commerce said in a statement on …
Read More »Wind & Solar Provide over Half of China’s Additional Power Capacity
China’s National Energy Administration has announced that 2021 was the fifth consecutive year that newly installed wind and solar farms across the country accounted for over 50% of additional power capacity. Statistics show new solar farms added a record 54.9 gigawatts of power last year, which is 14% more than …
Read More »China Sets Offshore Wind Record amid Clean Energy Surge
China added a record amount of offshore wind last year as the country added massive amounts of renewable energy to help meet climate goals. The country now has the largest fleet of offshore wind turbines in the world after adding 16.9 gigawatts in 2021, state-owned CCTV reported, citing National Energy …
Read More »The Era of Cheap Renewables Grinds to a Halt
The continual decline in production cost for wind, solar, and EV batteries was touted as the driver of their growing adoption and ultimate takeover of the global grid. Up until two years ago, there was no other scenario on the table—even though inflation was as much a reality then as …
Read More »Oman and BP Join Forces for Renewable Energy and Hydrogen Development
British multinational oil and gas company, BP, and Oman’s Ministry of Energy and Minerals signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement for multiple gigawatt, world-class renewable energy and green hydrogen development in Oman, by 2030, BP announced in a recent statement. As part of the …
Read More »India is Preparing its Power Grid for a Major Renewable Energy Expansion
In line with India’s commitment at the COP26 summit in Glasgow last year, the country aims to reach net-zero by 2070. Furthermore, India seeks to meet 50% of its energy needs by 2030 through renewable sources and expand non-fossil fuel power generation capacity to 500 GW in this decade. In …
Read More »Denmark Wants to End Fossil Fuels in Domestic Aviation by 2030
Denmark’s government wants to drop fossil fuels in domestic air travel by 2030 in its most recent push to meet its climate targets. The Nordic country, which recently proposed to boost investments in the green hydrogen industry, wants the first domestic flights to use green fuel no later than in …
Read More »Denmark Launches World’s Largest Wind Turbine amid Wind Power Arms Race
The 271-metre-high wind turbine in Thy can deliver electricity for 18,000 households, but will be eclipsed by competitors by the end of this year. Denmark, one of the acknowledged international leaders in wind power, has launched the world’s largest wind turbine. The turbine spanning 271.4 metres measured from the ground …
Read More »China to Remain Renewable Energy Leader with Strong Capacity Growth in 2022, despite Subsidies Phase-Out
China will continue to be the global leader in renewable energy capacity growth over the next five years, despite phasing out renewable subsidies and the country’s heavy reliance on coal, which will remain unchanged in 2022, according to analysts. The global renewable energy sector saw strong growth in the past …
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