The October 2024 report by the International Energy Agency (IEA) provides comprehensive insights and forecasts for the photovoltaic (PV) energy sector through 2030. By 2030, renewable electricity generation is predicted to exceed 17,000 TWh globally, marking an almost 90% increase from 2023 and
As the United States continues its shift towards clean energy, the publication of the final Environmental Impact Statement (EIS) for the SouthCoast Wind Project by the US Bureau of Ocean Energy Management (BOEM) represents a significant milestone in that journey. This project is a key piece of the
In collaboration with the World Bank Group, Turkey has launched an ambitious roadmap that seeks to build and expand its offshore wind industry, aspiring to achieve an installed capacity of 5GW by 2035, and potentially up to 7GW by 2040. This comprehensive strategy, part of the "Turkey – E
The Bełchatów mine and power plant in Poland, the largest coal mine in Europe, stands at a critical juncture as its lignite reserves near depletion. Once a cornerstone of Poland’s energy industry, this massive site not only contributed close to 20% of the nation's electricity but also provided
The Board of Directors of the African Development Bank (AfDB) has approved a $54 million loan for a significant new project, a 120-MW onshore wind farm designed to establish Mozambique as a regional energy hub and a leader in renewable energy. Known as the Namaacha wind farm, this project will be
The recent cancellation of a significant $268 million wind power project marks a critical setback in the renewable energy sector, underscoring the financial challenges and unpredictability of large-scale renewable endeavors. This development not only signifies substantial financial disruption but
