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clean energy transition

Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER

A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […]

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IEA Forecasts 40% Drop In Battery Storage Costs By 2030

International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […]

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United States Plans Leasing Of 12 Offshore Wind Projects

The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, […]

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China RE Installations To Grow 5 Times By 2050 With 5 TW Solar Capacity, Finds Study

A recent report by Norwegian analyst DNV has shown that China will have more than quintuple renewable energy installations by 2050. Energy Transition Outlook China 2024 (ETO) report states that in the coming years, the Chinese energy mix will shift rapidly from one dominated by fossil fuels to one where renewable power plays a key […]

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GameChange Solar Secures 500 MW+ Solar Projects In S. Africa

GameChange Solar, a global supplier of solar tracking solutions for ground-mounted PV plants, was selected to supply its Genius Tracker™ solar trackers for four new solar projects of over 500 megawatts (MW) in Southern Africa. These projects are strategically positioned to enhance energy supply across the region, supporting the diversification of the energy mix to […]

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Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet

Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […]

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Australia’s Largest Tender Expected To Add 6 GW Of Renewables

The Albanese government today announced its largest single tender for renewable energy in Australia, with the first auction as part of the reliable renewables plan set for late May. The Australian government through the national capacity investment scheme (CIS) tender targets to add 6 GW of new variable renewable energy projects for the National Electricity […]

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Trina Storage & Pacific Green Sign Letter of Intent of 1500 MWh

Trina Storage and Pacific Green have signed a letter of intent relating to 1,500 MWh integrated energy storage solutions at the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies. Under the agreement Trina Storage and Pacific Green will […]

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RWE Begins Construction of Aldenhoven Wind Farm In West Germany

Renewable Energy firm, RWE Energy has begun the construction of a new wind energy farm in Germany. The new wind farm is being built in the Rhenish lignite area. The ground is being prepared, the construction site is being set up and road works are beginning. RWE is erecting six wind turbines with a total […]

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