Bloomberg Bets Big on Spanish Solar with 80% Output Purchase

Bloomberg, a global leader in finance, technology, and media, has reached a significant agreement with EDP…

Solar Installations in Sweden Drops Sharply in 2024 Amid Tax Credit

Sweden installed 460 megawatts (MW) of solar power in the first half of 2024, marking a…

Australia’s Coal Share Drops Below 50% Amid Energy Transition

For the first time in history, coal’s share in Australia’s power generation mix has fallen below…

Saudi Arabia Bolsters Hydrogen Leadership with New Partnership

Saudi Arabia’s hydrogen economy gains momentum as King Abdullah University of Science and Technology (KAUST) forms…

ACWA Power Secures $2.58bn for 5,500MW Solar Expansion in Saudi

ACWA Power secured SR9.7 billion ($2.58 billion) in financing to develop three large-scale solar projects in…

GE Vernova: Wind Turbine Failures Unrelated, Blames Strong Winds

GE Vernova confirmed that recent turbine blade failures at offshore wind farms in the US and…

Germany to Evenly Distribute €450 Billion Renewable Grid Costs

Germany’s network agency announced a new strategy on Friday, August 30, to distribute the financial burden…

UK Wind Power Capacity Exceeds 30GW Milestone

With the completion of Viking Wind Farm, the UK’s combined onshore and offshore wind capacity is…

Seraphim Energy Secures 300-MW Solar Deal with Vertys in Brazil

Chinese solar manufacturer Seraphim Energy Group Co Ltd has signed a 300-MW distribution agreement with Brazil’s…

China Cuts Coal Permits as Renewable Energy Grows

China, the world’s largest builder of coal-fired power plants, is undergoing a significant policy shift. In…