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Companies purchased a record 31.1 gigawatts of clean energy with power acquisition agreements, or PPAs, in 2021, up virtually 24% from the previous year's record of 25.1 GW according to research firm BloombergNEF (BNEF). Over 2 thirds of this buying (65%) happened in the U.S. Nevertheless, additionally underpinning the solid growth is a surge in activity from the biggest technology business, who collectively signed over fifty percent of the offers.

The US renewables market got over headwinds in 2020 to post record deployment figures as well as proceed a decade-long growth pattern, a joint report from BloombergNEF (BNEF) as well as the Business Council for Sustainable Energy (BCSE) has actually exposed.

Vietnam has actually cut its 2030 power capacity target by 35GW under its recently set draft Power Master Plan VIII (PMP8) but is making more room for renewables as it looks for to reduce its reliance on coal.

On Wednesday, the ten Democratic presidential hopefuls discussed their environment and energy priorities during a televised town hall meeting in New York City.

Japanese telecommunications huge Nippon Telegraph and also Telephone (NTT) is outlining a major renewables play in the country, spending up to US$ 1 billion a year as much as 2030.

EDP, Iberdrola and BayWa r.e. are among the signatories of a new charter that gets in touch with Europe to "accelerate and also enormously deploy" extra renewables capacity to support the continent's eco-friendly hydrogen ambitions.

Enel Green Power hit a number of milestones as it switched on a large-scale solar plant in Mexico, taking its solar portfolio in the country past the 1.3GW mark.

Morocco is to hold a tender to agreement another major batch of solar PV across the country, as part of wider efforts to release 3GW of renewables in between 2020 and 2030.

Saudi developer ACWA Power has revealed One Belt, One Road Chinese framework partner Shanghai Electric will use design, procurement as well as building and construction services on the next stage of the Mohammed bin Rashid Al Maktoum solar area in Dubai.

The Saudi Arabia REPDO has actually released the listing of all the pre-qualified prospective buyers in rounded 3 of the Kingdom's NREP for 4 solar PV projects worth 1.2 GW

EIB has actually authorized brand-new financing of EUR 3.4 billion to increase the shift towards renewable energy and also sustainable transport.

French renewable power producer and also programmer Akuo Energy has commissioned a 29.2 MWh battery energy storage system (BESS) in Tonga, several weeks after powering up a 19MWh project in Martinique

Solar power generation in the United States rose by 25.23% in 2021, making it the country's fastest-growing source of electrical power, while renewables made up 21.02% of all electrical energy and also look set to surpass coal in regards to total manufacturing in 2022.

Worldwide investment in renewables rose to new heights in 2021 as solar and wind implementation rose, but overall energy transition expenditure requires to triple in the coming years to jump on track for web zero.

The devices, developed by a European research team, are said to have twice the energy density of conventional aluminum devices. The scientists used a cathode made of anthraquinone, instead of one based on graphene, increasing energy density.