REC System

June 07, 2023

Japan pledges $107 bln in deploying hydrogen over 15 years

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.
June 07, 2023

IEA: Global solar additions to hit 310 GW in 2024

The International Energy Agency (IEA) has released a new recent market report update regarding the outlook for renewable energy in 2023 and 2024.
June 06, 2023

Renewable energy set to break records in 2023, IEA says

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.
June 05, 2023

California aims over 400% growth in clean energy by 2045

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
June 05, 2023

Shell buys 1.1 GW of solar projects in Spain

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.
June 02, 2023

Germany, Denmark sign offshore wind power cooperation deal

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.
June 02, 2023

Global floating solar to surpass 6 GW by 2031

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.
June 02, 2023

Indonesia's PLN seeks $700M investment for 200-MW solar installations

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.
June 01, 2023

Japan’s wind sector eyes 140 GW capacity by 2050

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.
June 01, 2023

Acen wins approval to build Australia’s biggest battery

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