Renewable Energy

Urgent Action Required to Achieve 7 bn Tons Carbon Capture for Net Zero by 2050

In a crucial call for action, Mhairidh Evans, head of CCUS research at Wood Mackenzie, emphasized the pressing need to ramp up carbon capture...

PG&E Launches $200 mn Microgrid Incentive Program to Boost Clean Energy Resilience in California

Pacific Gas and Electric Company (PG&E) has unveiled its Microgrid Incentive Program (MIP), a groundbreaking initiative offering financial support for community, local, and tribal...

EIA Forecasts Lower Heating Costs for U.S. Households Using Natural Gas this Winter

There will be a decrease in heating costs for households in the United States relying on natural gas for warmth, the U.S. Energy Information...

U.S. Energy Information Administration Forecasts Global Energy Consumption and CO2 Emissions to Rise Through 2050

The U.S. Energy Information Administration (EIA) has released its International Energy Outlook 2023 (IEO2023) projections, indicating a concerning trajectory of increasing global energy consumption...

Renewables Meeting Only Half of Global Energy Demand Increase in Last Five Years: DNV Report

A recently released report by DNV, the Energy Transition Outlook, has underscored that despite a substantial expansion of renewable energy capacity over the last...

Emeren Group Completes Grid Connection of Inaugural Solar Storage Project in China

In a significant milestone for sustainable energy initiatives, Emeren Group, a prominent global solar project developer, has successfully connected its inaugural solar storage project...

RWE and npower Business Solutions Join Forces to Propel Renewable Power Purchase Agreements

In a significant development for the renewable energy sector, RWE Supply & Trading and npower Business Solutions (nBS) have announced a collaborative effort aimed...

Gas Demand to Grow by 1.6% percent a Year Between 2022 and 2026: IEA

Global gas demand is on course to grow by an average on 1.6 percent a year between 2022 and 2026, down from an average...