News & Press Releases
News & Press Releases
More Than 50% of EU Energy Production Comes From Renewables
Renewable energy sources happen to be taking the lead from nuclear as well as fossil fuels when it comes to the EU's overall production of electricity.
It is well to be noted that, for the very first time, over half...
News & Press Releases
Germany Plans Major Overhaul of Renewable Subsidies By 2025
Germany is planning to reduce and revamp the subsidies it pays to renewable energy producers due to increasing costs for the government. This move might contribute to uncertainty regarding future investments. Beginning January 2025, payments for medium and large...
News & Press Releases
Leading Nations Look For Tripling Renewable Power By 2030
In order to achieve the goal of the Paris Agreement to limit global warming to 1.5°C, the world must increase its renewable power capacity threefold by 2030. The IEA summarizes its report COP28 Tripling Renewable Capacity Pledge: Tracking countries'...
News & Press Releases
ABL To Evaluate Offshore Wind Sites In The German North Sea
The German Federal Maritime and Hydrographic Agency- BSH has commissioned ABL, an energy and marine consultancy, to evaluate a specific area for the installation of offshore wind turbines.
ABL, a part of the publicly listed consulting group ABL Group ASA...
News & Press Releases
Permitting Provisions Delay Risks Renewable Goals of EU
On June 30 2024, two important deadlines passed. Member States were required to submit their updated National Energy and Climate Plans- NECPs to the European Commission, and Governments had to implement the permitting provisions under the new Renewable Energy...
News & Press Releases
Europe & APAC Lead The Way In The Solar Cell Modules Market
The worldwide market for solar cell modules is set for substantial growth, with a strong projected compound annual growth rate of 8.9 percent over the forecast period, expected to reach a significant value of US$ 163.08 billion by 2029....
News & Press Releases
2024-2033: Photovoltaic & Wind Power Usage To Reach 5.4 TWac
The current analysis by Wood Mackenzie forecasts that by 2033, global photovoltaic deployment will increase by 3.8 TWac of new project capacity, compared to 1.6 TW of wind power, with energy storage expected to experience a 640% growth.
From 2024...
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