Global battery storage capacity expands by record 200 GWh in 2024
The cost of storing electricity has dropped thanks to the declining cost of battery projects and technological advancements, Rystad says
Equinor resumes New York offshore wind project of 810 MW after stop-work order lifted
The project's first phase, the 810 MW Empire Wind 1, is expected to generate electricity for some 500,000 homes in New York
Major offshore wind projects shelved in another blow to industry
Ørsted decided to halt its Hornsea 4 project in the UK, while the US stopped the construction of Equinor's Empire Wind 1 facility
Global solar power capacity hits 2.2 TW in 2024, with Turkey among top growers
The world added 597 GW of photovoltaic capacity last year, achieving an astounding 36% rate of growth, SolarPower Europe found
US wants Central Europe to join ‘team energy freedom’, ditch EU’s energy transition goals
Energy Secretary Chris Wright has delivered a keynote speech at the inaugural session of the Three Seas Business Forum in Warsaw
CATL: World’s first mass-produced sodium ion battery is here
Naxtra breaks resource constraints and strengthens the foundation of the new energy industry, according to CATL
GWEC: Record wind power capacity was installed globally in 2024
New wind turbine installations reached an all-time high 117 GW last year, just above the 2023 level, Global Wind Energy Council (GWEC) found
Ember: Warming’s 2024 share of global power demand rise was covered with fossil fuels
Renewables and nuclear energy met 79,1% of 2024 global power demand growth. The fossil fuels share was bigger than the part attributed to the annual rise in temperatures.