Until now, Germany had targeted net-zero emissions by 2050. It has now committed to becoming carbon-negative by that date, meaning taking more carbon out of the atmosphere than it puts in.

Pumped hydro energy storage constitutes 99% of global storage energy.

The United Kingdom targets 65% of renewables in the power mix by 2030 (47% achieved in 2020).

Taiwan is expected to develop a total of 9 GW of offshore wind between 2026 and 2031 and 6 GW between 2032 and 2035.

The civil works contract is worth US$355m and full commissioning is scheduled in mid-2024.

EIA forecasts that Brent prices will average $65/b in the second quarter of 2021, $61/b during the second half of 2021, and $61/b in 2022.

Currently, renewables form 10% of India’s total power generation and that share will increase to 31% by 2030 with 450GW coming online.

The gist of the technical case for CCS in a hydrogen economy is that, so long as fossil fuels are available and deliver a high energy return on energy invested (EROEI), it is inherently cheaper and more efficient to produce hydrogen from fossil fuels by reforming, rather than by electrolysis of water.

South Korea is expected to allocate 4 GW of solar capacity 2021 across two tenders. The second tender should take place in October 2021.

ACWA Power has signed an implementation agreement with the Ministry of Investments and Foreign Trade and the Ministry of Energy of Uzbekistan to build a 1.5 GW wind project in Karakalpakstan, in western Uzbekistan.

The EU has made green and digital the two pillars of its recovery plan, aiming to strengthen its leadership in the global fight against climate change, boost innovation and reduce dependence on imports of critical materials.

In support of the Biden Administration’s commitment to modernize the nation’s power grid and infrastructure and deliver 100% clean energy to businesses and homeowners by 2035, the U.S. Department of Energy (DOE) today announced the availability of up to $8.25 billion in loans

The RPS system was introduced in 2012 with an initial mandatory quota of 2%, which has been gradually raised to 9% in 2021. The policy, implemented through a system of certificate, should be effective from October 2021.

“[..] we are now the largest corporate buyer of renewable energy in Europe and globally,” said Jeff Bezos, Amazon’s founder and CEO.

The Solar Energy Corporation of India (SECI) has initiated a tender for 1,200 MW of wind-solar projects, under the tranche IV of the interstate transmission-connected (ISTS) programme.