It has been a week of records. Just five days ago, the most that Australia’s growing fleet of wind turbines had produced at any one time stood at 5,642MW, a level set in May. By the end of Sunday, that record had been comprehensively smashed a number of times, and now stands nearly 800MW higher […]
Australia’s Electricity Oligopoly is Being Slowly Broken Down By Wind And Solar
New data has illustrated how the shift to large- and small-scale renewable energy in Australia is starting to chip away at the country’s infamous market oligopoly, the one that has seen a handful of companies wield nearly all of the market power and rake in windfall profits. The data, contained within the Australian Energy Regulator’s […]
Texas Governor Pushes For Fossil Fuel, Nuclear Power Incentives
Texas Governor Greg Abbott is pushing regulators to strengthen incentives for fossil fuel and nuclear power generators in an effort to avoid a repeat of deadly blackouts seen this winter. Abbott ordered the Public Utility Commission of Texas to redesign parts of the power market to maintain and build more dispatchable supplies that are fueled […]
World’s Largest Green Hydrogen Plan to Tap 45 GW of Wind And Solar in Kazakhstan
German developer Svevind Energy has signed a memorandum of understanding with Kazakh Invest National Company with the aim of developing 45GW of wind and solar to feed green hydrogen production in Kazakhstan. The projects would be built mainly in the steppe areas in Western and Central Kazakhstan for 30GW of electrolysers to produce about 3 […]
Majority of Wind And Solar Power Installed in 2020 Cheaper Than New Coal-Fired Production: Irena
Price of new renewable energy is now lower than the running costs of 810GW of existing coal plants, the agency explains in its annual cost report. The majority of new renewables generation installed around the world last year is delivering power at a lower cost per MWh than new coal-fired production, according to a new […]
Facebook Achieves Net Zero Emissions, 100% Renewable Energy
Releasing its ‘2020 Sustainability Report’ on Tuesday, Facebook said that its has also reduced greenhouse gas emissions by 94 per cent from 2017 levels, exceeding its goal of a 75 per cent reduction. San Francisco: Facebook has said that it has met goals of reaching net zero emissions and 100 per cent renewable energy for […]
Wind and Solar Powered 30 GW Green Hydrogen Giant on Horizon For Mauritania
North-west African nation inks memorandum of understanding with CWP Global to build power-to-X megadevelopment in desert. Mauritania has inked a memorandum of understanding (MoU) with renewables developer CWP Global to build a giant wind-and-solar powered green hydrogen hub…Read More…
Vietnam’s Latest Power Development Plan Focuses on Expanding Renewable Sources
The government of Vietnam released a draft of the country’s latest national power development plan, Power Development Plan 8 (PDP 8), for 2021 to 2030. The draft PDP 8 expands wind and solar capacity and increases their shares of the country’s generation mix. The draft PDP 8 also prioritizes enhancing grid infrastructure to ensure stable […]
China to Add at Least 90 GW Wind and Solar Capacity to the Grid in 2021
China has ordered power transmission firms to connect a minimum of 90 gigawatts (GW) of wind and solar capacity to the grid this year, the National Energy Administration said on Thursday, as part of a new policy initiative aimed at meeting its low-carbon targets. The NEA also said it will set targets for the transmission […]
New Wind and Solar Up 50% Globally in 2020, as China Beats US by Over 4 to 1
The United States was lying down on the job. The new report on 2020 by the International Renewable Energy Agency reveals that the world’s renewable energy generation capacity increased by an astonishing 10.3% in 2020 despite the global economic slowdown during the coronavirus pandemic. It beats the previous record for an annual increase in this […]