RECCESSARY

Japan plans to invest 15 trillion yen ($107.5 billion) over next 15 years to supply the country with hydrogen, the government said on June 6, as it speeds up efforts to use the gas to shift to a low carbon economy.

The International Energy Agency (IEA) has released a new recent market report update regarding the outlook for renewable energy in 2023 and 2024.

With the global energy crisis as a catalyst, solar PV and wind are set to lead the largest annual increase in new renewable capacity ever, IEA report shows.

California has made major strides in the energy transition from carbon-based fuels to a power supply that is zero emissions by 2045. Governor Gavin Newsom issued an annual report underlining the progress, remarking that the state is“on pace”to reach the g

Oil giant Shell has acquired 12 solar projects in Spain with a total capacity of 1.1 GW from renewables developer Isemaren, its head of renewables generation Thomas Brostrom said.

Germany and Denmark have signed an agreement to connect at least 3 GW of wind energy generation capacity on the Danish island of Bornholm to the mainland by the beginning of the 2030s, the German economy ministry said on Thursday.

The global floating solar market is projected to surpass 6 GW by 2031, as PV developers struggle to meet increasing solar demand and turn to alternative technologies for development, according to Wood Mackenzie.

Perusahaan Listrik Negara (PLN), Indonesia’s state utility company, seeks a $700-million investment to deploy a 200 MW solar panel that will replace diesel power generators to reduce carbon emissions, the company announced on May 27.

Japan Wind Power Association (JWPA) announced on Monday its plan to expand wind capacity to 140 GW by 2050 from less than 5 GW now to meet a third of the country’s electricity demand and help it hit its 2050 carbon neutrality target.

The New England region of New South Wales is to host Australia’s biggest battery yet, after renewables developer Acen Australia won approval to boost the size of its New England solar battery to a massive 1.4GW (1,400 MW) and 2.8 GWh, or two hours of stor