News & Press Releases
News & Press Releases
Japan Must Switch Energy Sources To Avoid Shortages- Fitch
According to Fitch Solutions, Japan may experience power shortages despite a larger dependence on traditional thermal generation as a result of rising gas prices, which make up the majority of its overall power mix.
Natural gas makes up the greatest...
News & Press Releases
First Offshore Wind Zones In Australia Have Been Discovered
Six offshore wind zones have been chosen by the Australian government as prime locations for project development. The first, off the coast of Gippsland in the Bass Strait, has commenced public discussions.
According to the administration, five further zones will...
News & Press Releases
Global Coal-Fired Electricity Reaches A New Peak In 2021
In response to soaring electricity demand and the rising price of gas, coal-fired electricity generators worldwide are generating more power than ever before.
The 10,244 terawatt-hours (TWh) that coal-fired generators produced in 2021 broke the previous best of 10,098 TWh...
News & Press Releases
India Must Commit $20 Trillion To Achieve Net Zero By 2070
In order to achieve its ambitious target of reaching net zero by 2070, India will need to invest $20 trillion in capital projects, according to a new estimate. According to a report by research firm UBS, they devised an in-house...
News & Press Releases
Raising Nuclear Power May Make Sense Says German Chancellor
Olaf Scholz, the chancellor of Germany, suggested on 3rd August that extending the lifespan of the country’s three surviving nuclear reactors through the end of the year “might make sense,” though he did not fully endorse the notion.
As concerns about the effects of...
News & Press Releases
Italy’s Innovatec targets EUR 100m in revenue from new solar business
Italian utilities holding company Innovatec SpA hopes that by 2024 it will be generating a turnover of EUR 100 million (USD 102m) from a new business unit dedicated to solar photovoltaics (PV) in the business-to-business (B2B) field.
The company announced...
News & Press Releases
H1 Peak of $226bn Set For Global Renewable Energy Investment
According to a new BloombergNEF research, global renewable energy funding achieved a new six-month record of USD 226 billion (EUR 221 billion) in January–June 2022, demonstrating a greater than ever investor appetite for clean energy.
As per BNEF’s Renewable Energy...
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