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Globaldata
Renewable Energy
Malaysia to Achieve 40% Renewables by 2035 – Report
The Bakun hydropower dam in Malaysia. Credit: pHotosHo0x.Malaysia is set to achieve its 40% renewable energy capacity target by 2035, according to new analysis …
Solar Power Plant
Solar Photovoltaic (PV) and Wind Power Capacity Expected to Surpass 1,200 GW Target Next Year in China
GlobalData’s latest report, China Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2024-2035 reveals that solar PV power is exp…
Wind Power Project
Subsidy-Free Offshore Wind Bids Rise, While Undersubscribed Renewable Power Auctions Pose Concerns in Europe, Says Globaldata
Renewable energy auctions in Europe are experiencing two contrasting trends. While the offshore wind segment has witnessed intense competition resulting in subs…
Thermal Plant
Kazakhstan Could Miss Its Revised 2030 Renewables Target
The country set a 15% renewables target in 2021, up from 10% initially.Kazakhstan could fall short of meeting its 15% renewable energy target in 2030, GlobalDat…
Offshore Wind Power
Subsidy-Free Offshore Wind Bids Rise, While Undersubscribed Renewable Power Auctions Pose Concerns in Europe, Says Globaldata
Renewable energy auctions in Europe are experiencing two contrasting trends. While the offshore wind segment has witnessed intense competition resulting in subs…
Hydrogen Project
Globaldata: Hydrogen Market Growth to Surge in 2023 Despite Slowing Global Economy
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and posit…
Hydrogen Project
The Hydrogen Stream: Green Hydrogen Capacity Surged in 2022
Green hydrogen production capacity continued to grow last year, driven largely by new investments, GlobalData says in a newly published report. Deutsche Bahn, m…
Japan
GlobalData: Japan to Nearly Achieve 2030 Renewable Power Generation Target
Japan is focusing on the rapid development of renewable energy to fill the void created by the Fukushima nuclear power plant disaster.
Net Zero Emission
GlobalData: India Likely to Fall Short of 2030 Renewable Target at Current Pace
India announced new renewable energy goals last year to increase non-fossil power capacity to 500 GW and meet 50% of the country’s electricity needs through re…
Solar Power Panel
What Could Help South Korea Achieve Its Clean Energy Goals
Solar and offshore wind power may be the key, GlobalData said.
Energy Storage Battery
APAC to Lead Battery Storage Market Through 2026: GlobalData
The Asia-Pacific (APAC) region will likely lead the battery storage market across the globe through 2026 as it is projected to account for 68% of the global mar…
Wind Turbine
Vestas Secures Top Spot in Wind Turbine Suppliers League
Vestas Wind Systems, GE Renewable Energy and Siemens Gamesa were ranked in the top three positions respectively in GlobalData report.
Rooftop PV System
Rooftop Solar Installation Price Rise Is Temporary, to Decline from 2023
GlobalData’s latest report reveals that the trend that saw rooftop solar prices decrease between 2013 and 2020 came about because of an increase in the supply …
Hydropower Plant
Hydropower to Dominate New Zealand’s Energy Mix Through 2030
Hydropower generation in New Zealand will continue to hold the dominant share in the country’s generation mix until 2030, forecasts data and analytics company …
Hydrogen Production
Global Low Carbon Hydrogen Production Capacity to Reach 14 mtpa in 2030: GlobalData
The majority of the capacity in the pipeline comes from projects that are still in the feasibility stage and not certain to go ahead
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