China plans to raise the share of non-fossil fuels in primary energy consumption from around 20% to 25% by 2020, and to raise its total installed capacity of wind and solar power to over 1,200 GW.

In October 2020, the Japanese government presented a plan to achieve carbon neutrality by 2050.

Poland's PKN Orlen said in a press release that its transformation path until 2030 revolves around renewable energy and advanced petrochemicals.

Brazil’s Northeast region concentrates the largest number of wind parks in the whole country thanks to its favourable conditions.

US investment into wind and solar energy will total $55 billion in 2020

These objectives will require a total investment of close to EUR 800 billion (USD 949.5bn) between now and mid-century, the commission estimates.

Driven by global climate and carbon reduction goals, the offshore wind industry is expected to reach 234 GW by 2030,

China had slashed the subsidy in 2020 from the previous year by around 30%

With renewable energy making up a staggering 70% of Kenya’s energy mix in 2018 (Onyango, 2018) and as high as 87% as of January 2020, (Zarembka, 2020) one would be curious to see what steps Kenya took to shape its renewable energy landscape and attract private sector investment.

For the offshore wind sector in general, 2020 is shaping up to be a very successful and promising year.

EIA forecasts wind’s share to reach 10.3% in 2021.

To be installed in the Mediterranean, off the coast of Gruissan in Aude department, EolMed is one of four floating wind projects awarded by the French state in 2016.

Driven by unprecedented low fuel prices, gas power production increased by 7.1% during the first seven months from last year, while coal dipped dramatically by 27.5%.

International institutional investors that are the long-term owners of generation assets in other markets have generally been cautious about acquiring renewable assets in Australia, perceiving the risk/reward balance to be inferior to other investment opportunities.

A key result that also emerges from our work is that electricity markets must be modernised because existing market structures make investment in any unsubsidised low-carbon technology very difficult.