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Energy Transition
‘Lion’s Share’ of Global Power Additions in 2021 Were Renewables
Data released by IRENA shows that renewable energy continued to grow and gain momentum in 2021 despite global uncertainties, with global renewable generation ca…
Hydrogen Production
Global Hydrogen Market to Reach $12.17 Million by 2025
The global hydrogen market reached a value of nearly $9.8 million in 2020, having increased at a CAGR of 3.5% since 2015.
Philippines
Higher Generation Costs Push Philippine April Rates up
Higher generation cost has driven the overall rate for a typical household in the Philippines up by P0.53 to P10.18 per kilowatt-hour (kWh) in April, the Manila…
Energy Transition
Asia Needs to Increase RE Capacity 4 Times by 2030 to Fulfil Climate Targets
Asia has to increase its renewable energy capacity by four times to reach 5,442 gigawatts (GW) by 2030 from 1,338GW in 2020 to meet the target of limiting globa…
Solar Power Panel
World’s First Ocean Crossing by a Solar-Electric Vessel
Mahi Two, a Torqeedo-powered uncrewed surface vessel (USV), has become what is believed to be the first to cross the Atlantic Ocean using only solar power.
Philippines
Philippines to Speed up Decarbonisation of Power Sector
The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…
Net Zero Emission
Global Green Finance Increased 100x in Last Decade
Green finance worldwide has grown by more than 100 times in the last decade.
Energy Transition
Portugal to Speed up Renewable Energy Programme amid Russia-Ukraine Conflict
Portugal aims to accelerate its energy transition and increase the proportion of renewable sources by 20 percentage points to 80 per cent of its electricity out…
Hydrogen Production
European Hydrogen Development and Opportunities
The war in Ukraine has made the security of energy supply a top priority, increasing pressure in Europe to accelerate the transition to cleaner fuels, including…
Electric Car
Biden Invokes Defense Production Act to Boost Mineral Production for Renewable Energy, EVs
Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden will invoke the Defense Production Act this week to increase the mining of cri…
Net Zero Emission
No G20 Government Is Delivering on Their Promises, Says Report
No G20 government has implemented sufficient and concrete policies to match their promises to tackle climate change made at COP26 in Glasgow last year, accordin…
Solar Power Plant
Malaysia Pioneers Large-Scale Solar Project
Malaysia’s government plans to increase the share of renewable energy in its installed capacity to 31% in 2025 and 40% in 2035 under its power generation plan.…
Russian Federation
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…
Crude Oil
Middle East Crude Grades Feel the Pressure as Russian Urals Head to Asia
Buying interest among Asian refiners for some medium sour Middle East crude grades loading in May has weakened as cheaper Russian Urals crude cargoes increasing…
United Kingdom
UK Falling Behind Germany and South Korea in Its Plans to Increase Low-Carbon Hydrogen and Reach Net Zero
Research conducted by Cornwall Insight into countries that have branded themselves as potential leaders in the new hydrogen economy, has seen the UK rank 5th ou…
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