Tag: Rystad Energy

Japan Aims for Energy Independence by 2060 Through Renewable Expansion

Japan, traditionally reliant on coal and liquefied natural gas (LNG) imports, could achieve energy independence by 2060 with a...

Europe Faces $20 Billion Investment in Offshore Substations by 2030 – Rystad Energy

According to analysis by Rystad Energy, approximately 137 offshore substations are slated for installation off continental Europe by the...

Renewable Energy Set to Surpass One Third of Global Power Mix in 2024, Says Rystad Energy Report

Renewable energy's prominence in the global power generation mix is expected to reach new heights in 2024, surpassing one...

China Poised to Surpass Green Hydrogen Production Targets Ahead of Schedule

Rystad Energy's analysis indicates that mainland China is on track to surpass its green hydrogen production targets ahead of...

Solar Power Generation to Lead European Growth with 50 TWh Increase in 2024, says Rystad Energy

Solar power generation in Europe is projected to surge by approximately 50 terawatt-hours (TWh) in 2024, surpassing all other...

Velto Renewables and Kenergy Collaborate on 1GW Solar Project Development in Spain

Spanish independent power producer Velto Renewables has entered into a strategic partnership with renewables company Kenergy to jointly develop...

Europe’s Solar Capacity Set to Surge Beyond 58 GW, Outpacing Previous Installations

Europe is witnessing a remarkable expansion of its solar energy capacity, with cumulative installations up to October already matching...

Australia’s National Electricity Market Tops Global Volatility Rankings

Australia's National Electricity Market (NEM) has claimed the unenviable title of the world's most volatile power market, according to...

Emeren Group Completes Grid Connection for Debut Solar Storage Project in China

Emeren Group, the solar project developer, has announced the successful grid connection of its inaugural solar storage project, located...

Carbon Footprint Concerns Cast Shadow Over Germany’s Solar Industry

Two German regional governments, Saxony and Saxony-Anhalt, have called upon the European Union and the German government to safeguard...

BRICS+ Expansion with Saudi Arabia Set to Propel Group into Global Renewable Energy Leadership

Rystad Energy anticipates that the planned expansion of the BRICS bloc, incorporating Saudi Arabia among other new members, will...

Offshore Wind Tower Demand Set to Exceed Manufacturing Capacity by 2029, Warns Rystad Energy

According to recent modeling by Rystad Energy, a leading energy research and consulting firm, the demand for offshore turbine...