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GE Renewable Energy

With 25% Renewable Target for 2025, Solar In China Has a Smooth Run Ahead

China’s national energy regulator NEA has released a consultation paper where it aims to raise the share of wind & Solar power in total power consumption to 11% in 2021 and 16.5% in 2025. Their combined share in 2020 was 9.7%. as we have reported earlier, combined with the long term target to 40 percent […]

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Wind Energy Could Go The Solar Way With Huge Cost Reductions by 2050

After a decade when it has been left playing catch up with Solar, thanks to the swift reduction in costs seen with Solar, Wind energy might yet see better days, as costs come down further. According to an article published in the journal Nature Energy, a recent global survey of 140 wind energy experts conducted […]

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European Hydrogen Plans Expand, With 40,000 Km Pipeline Network by 2040

Industry association European Hydrogen Backbone (EHB) has recently updated its vision for a dedicated hydrogen transport infrastructure across Europe, now proposing to build an 11,600 km (which was 6,800 km last year) hydrogen transportation network by 2030, which would come up to 39,700 km (as opposed to 23,000 km estimated last year) by 2040, aiming to […]

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Sasol & Toyota to Build Hydrogen Mobility Corridor in South Africa

At the ‘2nd Renewable Hydrogen and Green Powerfuels Webinar for South Africa’ organised recently, Sasol and Toyota South Africa Motors (TSAM) announced that they have teamed up to build a hydrogen mobility corridor on a key South African freight route. The project will not only help South African fuel giant Sasol in reducing its own […]

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Solar O&M Gets Set For The Big League In India

As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […]

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IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy

In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […]

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Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA

Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […]

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New US Law on Climate Change Seeks Bilateral Cooperation With India

Ahead of the Leaders’ Summit on Climate at the White House on April 22 and 23, to which Prime Minister Modi has also been invited, 10 US senators have introduced the United States Climate Leadership in International Mitigation, Adaptation, and Technology Enhancement Act of 2021 (U.S. CLIMATE Act). The 212-page legislation aims to integrate climate […]

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Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S

As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […]

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