Renewable Energy
News & Press Releases
Non-Hydropower Share In South Korea Electricity Sees Growth
Despite government efforts to cut their targets, non-hydropower renewables are estimated to experience the fastest growth in their contribution to South Korea's electricity share and reach 46 gigawatts in 2032.
According to a report by Fitch, based on the forecast...
News & Press Releases
For Clean Energy Tech EU Brings Green Deal Industrial Plan
The European Union (EU) has brought to the fore its intention for the Green Deal Industrial Plan, a support program for clean energy technologies, including energy, which is modelled like the Inflation Reduction Act.
Ursula von der Leyen, president of...
News & Press Releases
Thanks To IRA, US Renewables Investment To Surpass $100bn
The flagship legislation, the Inflation Reduction Act, which is focused on speeding up decarbonization in the US, will push the annual renewables investment from $64 billion to almost $114 billion by 2031, as per a recent report. Boom Time:...
News & Press Releases
$1 Trillion Breach For Investments In Clean Energy Tech
Over $1.4 trillion was invested in clean energy technologies in 2022, representing over 70% of the growth in annual energy investment, up from $1 trillion in 2015.
The International Energy Agency stated in a research report that more than 80%...
News & Press Releases
India Approves $2.4bn Green Hydrogen Sector Incentive Plan
In an effort to reduce emissions and establish itself as a major exporter of green hydrogen, India authorised an incentive programme worth 197.4 billion rupees ($2.4 billion) on January 4.
Hydrogen that is renewable or green can be utilised as...
News & Press Releases
Stepped Up Renewables Construction Prime To Meet 2030 Goal
Construction on renewable-based capacity must be dramatically expedited if Europe is to obtain up to 40% of its energy from renewable sources by 2030 and avoid a worsening energy crisis.
Large and sophisticated renewable building projects are frequently undertaken, and...
News & Press Releases
IEA Says Clean Energy Spending At $1.2T By Nations Globally
According to research by the International Energy Agency, government spending has increased significantly since the pandemic began as a result of the energy crisis, reaching $1.2 trillion globally.
Over $500 billion more has been invested in clean energy spending only...
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