Global clean PPA market shrinks for first time in nearly one decade
Tech giants contracted almost half of the total volume, and firm power deals are set to become dominant, according to a BloombergNEF report
War on green transition: US threatens to pull out of IEA
US Energy Secretary Chris Wright has urged the International Energy Agency (IEA) to focus on energy security, instead of promoting renewables
Next generation geothermal challenging competitiveness of gas power plants
With its new solutions and falling costs, geothermal power can already replace 42% of EU coal- and gas-fired plant output, Ember found
China-based Envision launches world’s largest battery energy storage system
The 4 GWh project marks the completion and grid connection of Envision's 12.8 GWh battery energy storage cluster in northern China
First car with sodium ion batteries entering mass production
Changan presented the world's first mass-produced passenger vehicle equipped with sodium ion batteries, in partnership with CATL
IEA: Renewables and nuclear set to supply 50% of world’s electricity by 2030 as demand rises steadily
Renewables, gas, and nuclear power will meet all additional electricity demand, while output from coal will decline and CO2 emissions stagnate
China launches world’s largest compressed-air energy storage plant
The 600 MW / 2.4 GWh energy storage facility uses compressed air stored in underground salt caverns to generate electricity during peak demand periods
Davos: China reaffirms green agenda as US slams EU’s net-zero goal
China reiterated its commitment to green development, in contrast to the US, whose commerce secretary said in Davos that America should rely on oil and gas
