The Victorian government being called on to aim higher with its renewable energy targets, after a parliamentary inquiry found the state was well placed to overachieve on its renewable energy targets. A parliamentary inquiry into Victoria’s use of renewable energy published its final report on Thursday, detailing how the state had made strong progress towards […]
Battery industry sales to cross $168 billion in 2030 amid raw material shortages – EQ Mag Pro
The battery industry is set to be one of the most significant over the next 10 years. A compound annual growth rate (CAGR) of 14 per cent is expected by 2030, mostly driven by sales from lithium-ion batteries. The battery industry revenues may exceed $168 billion by 2030 but severe global shortages are highly likely […]
CIP proposes to build a hydrogen island in the North Sea by 2030 – EQ Mag Pro
Copenhagen Infrastructure Partners (CIP) proposes to build an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called “BrintØ” (in English: “Hydrogen Island”) – in the Danish part of the North Sea. The island is expected to be able to supply an unprecedented amount of green hydrogen by 2030 and will […]
BP to invest up to £18 billion in UK energy system by 2030 – EQ Mag Pro
bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost energy security and reach net zero. As one of the largest oil and gas producers in the UK, […]
South Africa’s green transition to cost over $64 billion by 2030 – EQ Mag Pro
JOHANNESBURG : South Africa’s efforts to wean itself off coal and focus on renewables, battery storage, electric vehicles and setting up a green hydrogen economy would require funding of over a trillion rand ($63.70 billion) by 2030, a top government official said on Tuesday. In November, the United States, Britain, France, Germany and the European […]
India To Meet Half Of Its Energy Needs From Renewable By 2030: V K Saraswat – EQ Mag Pro
He was addressing the Norway-India Business Summit 2022 organized by CII in association with the Embassy of Norway India’s non-fossil energy capacity will reach 500GW by 2030 and the country shall meet half of its energy requirements through renewable energy, reducing the carbon intensity of its economy by less than 45 per cent, NITI Aayog […]
Australia will miss its weak 2030 emissions reduction targets, new data shows – EQ Mag Pro
Australia is not on track to meet its weak Paris Agreement commitments, with a lack of meaningful national climate policies resulting in emissions cuts that are too slow to achieve the Morrison government’s 2030 target, new analysis shows. New analysis from consultancy Ndevr Environmental says that if Australia’s emissions trajectory remains on current trends, Australia […]
World needs extra $1.3 trln energy investment by 2030: JP Morgan – EQ Mag Pro
LONDON : The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output and infrastructure from renewables to oil and gas to avoid an energy crunch, U.S. bank JP Morgan said in its first annual energy outlook. “Our main finding is that by 2030, energy demand growth […]
India may miss 2030 renewable energy targets as UP, Punjab, Haryana lag, say experts – EQ Mag Pro
India is falling behind on delivering the targets of accelerating its non-fossil energy capability to 175 gigawatts by 2022 and 500 GW by 2030 as many states, together with Uttar Pradesh, Punjab and Haryana are lagging on this entrance, local weather and energy experts stated on Wednesday. The feedback have been made throughout a webinar […]
NY Governor Hochul: 10 Gigawatts Of Distributed Solar Energy By 2030 – EQ Mag Pro
Enough Clean Solar Energy to Power Nearly 700,000 Additional New York Homes Annually Expected to Spur Approximately $4.4 Billion in Private Investments, Creating 6,000 Additional Solar Jobs — With Prevailing Wage Requirement for Projects Above One MW 40 Percent of Benefits to Disadvantaged Communities, Low- to Moderate-Income New Yorkers Supports State’s Climate Leadership and Community […]
