renewable energy

China reveals world’s largest floating offshore wind turbine, generating 62 million kWh annually for 37,000 homes

This turbine has a 260-meter diameter wind wheel and a sweeping area of 53,100 square meters

Japan can raise renewable energy share to 80 percent by 2035: Report

Japan can reduce its CO2 emissions by 65 percent by increasing the number of storage batteries and grid interconnection

Indonesia targets 23 percent renewable energy share in total energy mix by 2025

This target encompasses a range of renewable sources, such as solar, wind, bioenergy, hydropower, and geothermal energy 

EU approves $221 million subsidies to boost Germany’s offshore renewable energy infrastructure

New docking facilities on Germany's North Sea coast will handle heavy loads, including wind farm components

China’s lending to Africa rises for the first time in seven years in 2023, reaches $4.61 billion

Between 2000 to 2023, Chinese lenders provided 1,306 loans amounting to $182.28 billion to 49 African governments and 7 regional borrowers

Germany commits $3.89 billion to nature-based solutions for climate, biodiversity

This marks the largest investment ever in nature and climate protection in Germany, says minister

India aims for 17 million zero-emission trucks by 2050

The country is accelerating truck electrification with 30 new policy interventions

Australia to build world’s largest $24 billion solar farm to power 3 million homes

The project will include an array of panels, batteries and, eventually, a cable linking Australia with Singapore

Global gas demand forecast to grow 2.5 percent in 2024, driven by Asia: IEA

However, global demand growth is expected to fall below 2 percent year-over-year in the second half of 2024

U.S. renewable energy consumption rises 2 percent to record-high in 2023: EIA

Renewable energy consumption in the U.S. exceeded coal for the first time in about 140 years

South Korea reveals 10-year $1.44 billion plan to develop cutting-edge green technologies for ships

The technologies include features such as full autopilot capabilities and carbon-free engine

Germany’s renewable energy share reaches 58 percent in first half of 2024

Photovoltaic systems generated more than 10 billion kilowatt hours of electricity in one month for the very first time in June

South Korea’s hydrogen-powered FCEV exports plunge 74.2 percent in first five months of 2024

Last month, the country's exports of hydrogen-powered FCEVs dropped to zero

Azerbaijan confirmed as host of COP29

The COP29 Presidency has made significant progress and will be ready to deliver a world-class event, said COP29 President-Designate

China’s Xinjiang begins operating world’s largest solar plant

The solar plant will generate about 6.09 billion kilowatt hours of electricity each year

SAF production to triple to 1.5 million tons by 2024: Report

Around 140 SAF projects are planned by 2030, the report said

China leads affordable EV charge as global transition faces challenges: Report

This is primarily driven by the near price parity between battery-electric vehicles (BEVs) and internal combustion engine (ICE) vehicles in the country

China power sector achieves $16.5 billion in completed clean energy projects in Q1 2024

The magnitude of clean energy projects currently under construction in China surged to 512.05 GW during the quarter

Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report

China accounted for three-quarters of the total investments in this field, according to the report

Abu Dhabi’s Mubadala backs Japan’s 108GW solar target with inaugural renewable energy investment

PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy

Google’s $1.1 billion investment in Finnish data center aims to power AI growth in Europe

Finland's wind power capacity has increased so rapidly in recent years, by 75 percent to 5,677 megawatts in 2022 alone

Saudi Arabia’s Aramco inks three agreements with U.S. companies for lower-carbon energy solutions

Agreements align with Aramco's ambition to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions

Global market for energy transition minerals forecast to reach $770 billion by 2040: Report

The market value of key energy transition minerals is around $325 billion