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Industry may be heading into a big solar increase

Industry may be heading into a big solar increase: Solar PV instalments are forecast to place 27% year-on-year expansion in 2021. This is as reported by a current study by IHS Markit, that anticipates global demand to shoot up during the second half of 2021. The evidence of the report syas China, US & India…
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China produced over half of the globe’s coal-fired electricity

China produced over half of the globe’s coal-fired electricity: In the year when coal generation had its steepest fall on record worldwide. China was accountable for around 53% of the world’s coal-fired electricity in 2020. This is claimed by a new report by the energy & climate research group Ember, that believes China’s coal generation…
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Global wind capacity growth must triple over next decade

Global wind capacity growth must triple over next decade: Global wind power installations need to increase three times faster over the next decade than the current rate to help countries to remain on a net zero route & restrain global warming. This is as believed by a new analysis by the Global Wind Energy Council…
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Scotland to start 1st lorry biomethane refuelling station

Scotland to start 1st lorry biomethane refuelling station: Lorries & additional heavy goods vehicles (HGVs) will very soon have the ability to fill up with greener fuel at what is declared to be Scotland’s 1st renewable biomethane refuelling station. Renewable biomethane is reported to be the lowest carbon & most affordable alternative to diesel fuel…
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Norwegian energy firm Scatec plans £8.4bn to renewables

Norwegian energy firm Scatec plans £8.4bn to renewables: Norwegian renewable energy producer Scatec has reported a scheme to invest NOK100 billion (£8.4bn) in renewables throughout the upcoming 4 years. They have set a goal of having 15GW by 2025 of total renewable capacity of renewable programmes, correlating to the current 3.3GW. Several months back, the…
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Crown Estate starts new Celtic Sea floating wind leasing

Crown Estate starts new Celtic Sea floating wind leasing: The Crown Estate has reported that it has begun working on providing a new leasing system for early commercial-scale floating wind projects situated in the Celtic Sea. The new leasing possibility will be created for projects with a total capacity of about 300MW, as much as…
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Government to ban financing fossil fuel plans overseas

Government to ban financing fossil fuel plans overseas: The UK will halt financing overseas fossil fuel projects starting 31st March, succeeding a trailblazing North Sea Transition Deal settled between the government & the oil and gas sector. This new agreement will have policymakers & industry invest as much as £16b in renewables, hydrogen & carbon…
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Indian power mix renewable share must rise for net zero

Indian power mix renewable share must rise for net zero:  In order for the country to reach net zero by 2050, an astounding 55-fold boost in renewable power mix is required. As stated by a new report by the Council on Energy, Environment & Water (CEEW), which is recommends India would need to make at…
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Swiss investor purchases 49% BayWa r.e. stake

Swiss investor purchases 49% BayWa r.e. stake: The Swiss investor Energy Infrastructure Partners (EIP) has bought a 49% share for €530 million (£455m) in German renewable energy company BayWa r.e. Industrial & agricultural corporation BayWa AG will stay the majority shareholder with a 51% share in the company. EIP has expertise in investments in large-scale…
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European energy storage industry will double in 2021

European energy storage industry will double in 2021: The annual capacity supplements to the European energy storage market  will rise to 3GWh in 2021, nearly double the amount of storage deployments from the following year. That’s the expectation made in a current report by the European Association for Storage of Energy and energy research &…
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