Renewable Energy

EU Refining Sector Fuels Growth of Green Hydrogen Projects Amid High Costs

High costs have long slowed the adoption of green hydrogen projects, but new European Union (EU) regulations for the refining sector are emerging as...

OECD renewable energy surpasses fossil fuels in May 2025 as global solar and wind generation hits record highs

In May 2025, renewable energy continued its strong growth in the OECD, producing 358.5 TWh of electricity — slightly surpassing fossil fuels to account...

RWE accelerates renewable energy expansion with 2.1 GW capacity in H1 2025

RWE has strengthened its position as one of the world’s leading renewable energy companies in the first half of 2025, advancing its clean energy...

Global oil supply set to surge in 2025 as OPEC+ boosts output amid weaker demand, IEA warns

Global oil supply is expected to rise faster than previously forecast in 2025 and 2026, driven by increased output from OPEC+ and growing production...

EIA forecasts sharp oil price drop in 2025 as supply growth outpaces demand

The U.S. Energy Information Administration (EIA) projects a sharp decline in global oil prices in late 2025, driven by an acceleration in supply growth...

US energy exports hit Record 31 Quads in 2024 as renewables surge and LNG gains low-carbon edge

In 2024, the United States reached record energy output of 103 quadrillion British thermal units (quads) of primary energy, exporting a historic 31 quads,...

Orsted boosts H1 2025 revenue and renewable capacity with major offshore and onshore project milestones

Orsted has reported revenue of DKK 37.8 billion in H1 2025, up 11 percent from DKK 34.2 billion in H1 2024, mainly driven by...

Vietnam accelerates renewable energy growth with 112 GW target by 2035 amid shift from coal and hydropower

Vietnam currently generates a large share of its electricity from coal- and gas-based thermal power plants, along with extensive use of hydropower. However, due to...