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Global EV Charging Station Market to Reach $93 Billion by 2027: Report

The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Hence, it has been estimated that the global EVCS market will grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2027 and reach $93 billion by 2027, according to […]

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Asia Held 92% Share in Global PV Module Production in 2020: Report

The recently published Photovoltaics Report, produced under Dr. Simon Philipps (Fraunhofer ISE) and Werner Warmuth (PSE Projects GmbH), explores key details about the photovoltaics manufacturing sector at the end of 2020 in Germany, the European Union and worldwide, including Asia. The Fraunhofer Institute for Solar Energy Systems ISE, supported by PSE Projects GmbH, has been […]

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BlackRock Real Assets Takes Over South Korean Offshore Wind Developer

A New York-based investment management company, BlackRock Real Assets today announced that it has taken over Korea Renewable Energy Development & Operation Holdings Co Ltd (KREDO Holdings). The global investment manager has made it its first-ever investment in the South Korean offshore wind sector with this acquisition. Also, it plans to spend more than USD […]

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Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA

The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […]

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Enel Green Power Begins Operating South America’s Largest Wind Farm

One of the leading power and renewables companies, Enel Green Power has announced that it has begun the commercial operations of the 716 MW Lagoa dos Vento’s wind farm in Brazil. It is the largest wind facility currently in operation in South America and Enel Green Power’s largest wind farm worldwide. Enel invested around 3 […]

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Global Wind Market Expansion Needs 5 L Trained Workers: GWEC Report

A new report released today by the Global Wind Energy Council (GWEC) and Global Wind Organisation (GWO) in partnership with the Renewables Consulting Group (RCG) finds that the global wind industry will need to train upwards of 480,000 more people to GWO standards over the next five years to meet global wind power market demand […]

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GWEC’s 16th Edition Global Wind Report 2021: Key Highlights

2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 per cent year-on-year increase – but a new report published by the Global Wind Energy Council (GWEC) warns that this growth is not sufficient to ensure the world achieves net zero by 2050. […]

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Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA

The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […]

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South Korean Scientists Work to Lower H2 Storage & Transportation Costs

In a recent study published in Renewable and Sustainable Energy Reviews, a team of scientists at Gwangju Institute of Science and Technology (GIST) explore the possibility to trap hydrogen inside ice-like crystals to make its storage and transportation less demanding. Hydrogen (H2) is increasingly being posited as a key clean fuel for our transition to an […]

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