Saturday, 8 March 2025

Focus on Solar

FILE PHOTO: Wind turbines are surrounded by fog at a wind farm in the mountains of Galicia region, near Vilalba, Spain March 20, 2024. REUTERS/Nacho Doce/File Photo
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Global energy transition investment exceeded $2 trln last year, report shows

Global investment in low-carbon energy transition exceeded $2 trillion for the first time last year, a report by BloombergNEF showed.

Energy authorities say quick action is needed to fill the gap left by shuttered coal-fired power stations (AFP)
ClimateCoalElectricityEmissionsFuelNewsSolar

Australia says reliance on coal-fired power drops to record low

Renewable energy sources supplied a record 46 percent of electricity in the quarter third, peaking at 75.6 percent on November 6.

FILE PHOTO: Solar panels are set up in the solar farm at the University of California, Merced, in Merced, California, U.S. August 17, 2022. REUTERS/Nathan Frandino/File Photo
ElectricityNewsSolarStorage

US solar group seeks major energy storage expansion

The Solar Energy Industries Association said it wants to see 700 gigawatt-hours of energy storage on the grid by the end of this...

FILE - Wind turbines dot the coastline along a giant solar farm near Weifang in eastern China's Shandong province on March 22, 2024. (AP Photo/Ng Han Guan, File)
ElectricityNewsSolarWind

China built out record amount of wind and solar power in 2024

China raced ahead building renewable energy last year, installing more wind and solar power than ever before and continuing to leave all other...

FILE PHOTO: A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022.  Picture taken with drone. REUTERS/Megan Jelinger/File Photo
ElectricityNewsSolar

New solar plants to power majority of US electricity generation growth, EIA says

The U.S. EIA expects growth in U.S. power generation over the next two years to be mostly driven by new solar plants, it...

An aerial view shows a solar park being built by 'F&S solar service' company near Erftstadt, western Germany (AFP)
BusinessNewsSolar

Solar power surpasses coal in EU for first time

Solar overtook coal in the European Union’s electricity production in 2024, with the share of renewables rising to almost half the bloc’s power...

A view of the production line for solar panels at photovoltaics systems maker Solarwatt in Dresden, Germany, May 4, 2022. REUTERS/Matthias Rietschel/File Photo
ElectricityNewsSolar

Solar power overtook coal in EU’s electricity mix in 2024, Ember says

By Susanna Twidale (Reuters) – Solar power overtook coal in the European Union’s electricity mix for the first time last year, while wind...

FILE PHOTO: Joe Kaeser, then CEO of German industrial conglomerate Siemens, February 3, 2021. Matthias Schrader/Pool via REUTERS/File Photo
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Siemens Energy sees ‘massive tailwind’ from US power drive

Shares in Siemens Energy rose nearly 10% to a record high on Wednesday.

Lesotho King Letsie III says renewable energy could transform his country's economy (AFP)
BusinessClimate FinanceEconomyElectricityFuelHydropowerNewsSolarWind

Lesotho’s king pitches green energy to Davos elites

King Letsie III of Lesotho urges global leaders in Davos to invest in his nation's green transition.

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals (AFP)
BusinessCoalElectricityEmissionsEmissions MarketsEnvironmentNewsRegulationsSolarVoluntary Carbon Markets (VCMs)Wind

Indonesia launches international carbon exchange

Indonesia launches a carbon exchange for global buyers, seeking funds to achieve ambitious climate goals.

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