World far off track from tripling renewables by 2030
Two years after the COP28 agreement to triple global renewables capacity to 11 TW by 2030, the world is only on track to double it.
US electricity prices soar 40% in H1 2025, outpacing EU’s 30% increase
The penetration of negative prices in EU continues, with their share doubling in H1 2025, according to IEA's latest report
IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives
Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report
Google signs world’s largest corporate power purchase agreement for hydropower
Brookfield said the Hydro Framework Agreement is the first of its kind and the world’s largest corporate clean power deal for hydro.
China-based Envision opens world’s largest green hydrogen, ammonia plant
The plant can deliver 320,000 tons of green ammonia per year, with annual output projected to rise to 1.5 million tons by 2028.
Three quarters of global solar, wind capacity under construction is in China
All prospective projects in the world are for 4,484 GW in total capacity. China accounts for 1,302 GW, followed by Brazil, Australia, US
IHA: Turkey’s 2024 hydropower additions highest in Europe again
The world's hydroelectric capacity increased 1.7% last year to 1.44 TW, the International Hydropower Association said in its annual report
Turning abandoned coal mines into PV plants could boost global solar capacity by 15%
Greece and three Western Balkan countries are among the global leaders in projects to build solar at abandoned coal mines.