The World Bank has unveiled its $2.5 billion Accelerating Sustainable Energy Transition Program, aimed at advancing the shift of developing countries in East Asia and the…
Browsing: Electricity
GE Vernova has announced the expansion of its manufacturing facilities in Stafford, UK, to meet the increasing demand for High-Voltage Direct Current (HVDC) transmission systems. These…
The International Energy Agency (IEA) has indicated that the COP28 goal of tripling global renewable energy capacity by 2030 is attainable, driven by favorable economics, robust…
Brazil’s Superintendency for the Development of the Northeast (Sudene) has approved a loan package of BRL 149.62 million (USD 27.6 million/EUR 24.7 million) for two solar…
British power generator Drax announced on Tuesday its intention to invest up to $12.5 billion in developing biomass plants with carbon capture and storage (BECCS) technology…
Australia’s renewable energy capacity could increase by over 7GW by the end of 2024, according to the Clean Energy Regulator (CER). The regulator’s latest Quarterly Carbon…
Finnish renewables developer and fund manager Taaleri Energia, in collaboration with UAE-based Masdar, has successfully reached financial closing for the 154-MW Cibuk 2 wind project, an…
OnPath Energy, formerly known as Banks Renewables, has officially inaugurated the 15-turbine extension of its Kype Muir wind farm in Scotland, enhancing the complex’s power generation…
Independent investment and asset manager KGAL GmbH & Co KG has announced an investment in a green hydrogen project with a capacity of up to 1,050…
Tata Power Renewable Energy has received a Letter of Award (LoA) to develop a 200-MW hybrid renewable energy project in Maharashtra, India, on behalf of the…
Renewable energy continues to outperform fossil fuels in cost-competitiveness, according to a new report by the International Renewable Energy Agency (IRENA). Despite fossil fuel prices returning…
Energy officials from nine EU member states in the Mediterranean expressed their commitment to turning the region into a renewable energy hub and pursuing ways to…