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Gig
Pumped Storage
Hydro-Electric Pumped Storage Generation in China to Rise Nearly 60GW by 2025
Hydro-electric pumped storage generation in China could expand to 59.2 gigawatts (GW) in 2025 and up to 86.5GW in 2030, Fitch Solutions reported.
EU
Soaring Solar Raw Materials Prices Could Thwart REPowerEU Plans
The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could bec…
Solar Power Plant
Denmark Developer Plans More Than 1 Gigawatt of Solar in Finland
Danish developer Better Energy has partnered with Finish solar company Forus to develop more than 1GW of solar PV in Finland.
CCS
Carbon Capture Company Raises $150M
A company aiming to deliver gigatonne scale industrial decarbonisation by the mid-2030s has raised $150m in its latest funding round.
Offshore Wind Power
Four EU Countries to Increase Offshore Wind Power Capacity Tenfold
Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts of offshore wind in the North Sea by 205…
Clean Energy Transition
Morocco Aims to Double Renewables Capacity to 12 Gigawatts by 2030
Country is investing heavily to develop new projects within different regions, a top official says.
Electric Car
The Mobility rEVolution: New Lithium-Ion Battery Material for Faster Charging Times
In other news, Volkswagen’s electric vehicles are sold out in Europe and the US. for 2022, Porsche invests in silicon anode specialist, and Tesla is reportedly…
Hydropower Plant
World’s Second-Largest Hydropower Plant Set for 14-Year Upgrade After Deal with GE
GE Renewable Energy has signed a deal that will see it carry out upgrades to the 14 gigawatt Itaipu hydropower plant, a vast facility straddling the border betw…
Electric Car
Batteries Included, Thanks to Tesla
In a recent Ted talk that took place at the Tesla Gigafactory Texas, Elon stated that the world would need 300 TWh of battery capacity to be fully sustainable.
Offshore Wind Power
2022 Will Be a Record-Breaking Year for Offshore Wind Energy in Europe
In 2022, for the first time ever, Europe is set to install more than four gigawatts of offshore wind capacity in a single year.
Electric Vehicle Battery
Tesla’s Giga Texas to Become the World’s Largest Battery Cell Manufacturer?
Tesla’s brand new Giga Texas factory is expected to become the world’s largest battery cell manufacturer.
China
Global Onshore Wind Capacity Rises 72.5GW in 2021
The global onshore wind market in 2021 saw a 72.5 gigawatts (GW) increase in capacity with China and US leading in installations, but is 18% lower than in 2020,…
China
China Emerges as Top Contributor of New Renewable Capacity in Asia: Report
China emerged as the biggest contributor of new renewable capacity in Asia after it added 121 gigawatts (GW) in 2021, the International Renewable Energy Agenc…
Energy Transition
Asia Needs to Increase RE Capacity 4 Times by 2030 to Fulfil Climate Targets
Asia has to increase its renewable energy capacity by four times to reach 5,442 gigawatts (GW) by 2030 from 1,338GW in 2020 to meet the target of limiting globa…
Offshore Wind Power
Wind Industry Sees 94GW Additional Capacity: Report
The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).
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