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Clean Power Share of 90% To Be Witnessed By 2035 In Japan

A dip in the cost of solar energy as well as wind and battery storage means that Japan can avail 90% of its power generation from clean electricity by 2035, according to a study by the Lawrence Berkeley National...

European Natural Gas Prices To go beyond Double By 2024

It is predicted that the European Natural Gas price is likely to get more than doubled in 2024 because of the shortages that have been caused due to Russian export drops. It is well to be noted that greater...

1.8 GW of Offshore Wind Tender In Germany Has Been Issued

After the Federal Maritime and Hydrographic Agency's pre-examination was finished, the German Federal Network Agency, Bnezta, opened a tender for offshore wind sites. By August 1, 2023, bids for the four sites, N-3.5, N-3.6, N-6.6, and N-6.7, must be...

Fossil Fuels Still Get Better Bank Finance Than Renewables

As per a recent report, banks gave 81 cents for every dollar spent when it came to financing support to low carbon energy supply across 2021. However, they will have to ramp up the commitments much further in order...

700 MW of Offshore Wind Power Up For Grabs In Lithuania

The Lithuanian Ministry of Energy is all set to announce a tender to develop an offshore wind farm. The ministry has already submitted draught government resolutions for the public's consultation covering the Baltic Sea location where a 700 MW...

2022 Sees Highest New Coal Plant Nods In China Since 2015

China had approved the construction of 106 gigawatts of coal-fired capacity in 2022, which was four times more than what had happened in 2021, and as a matter of fact, it remains the highest since 2015, driven by energy...

Tax Overhaul To Offset Revenue Decline By Russian Oil Firms

Russia is on the verge of completely overhauling the tax rules so as to offset the drop in revenues from the oil companies that have been hit by price caps as well as international sanctions, with changes that are...

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