Tag Archives: global

Global energy sector employment increased by 3.8% in 2023, outpacing the wider economy

Posted on June 21, 2025 by Now.Solar

New IEA report finds that sector added 2.5 million jobs worldwide last year, led by clean technology manufacturing, though skills shortages remain a key issue Employment in the global energy sector grew at a strong pace in 2023, buoyed by … Continue reading →

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Global floating photovoltaic installation to reach 77 GW by 2033, says Wood Mackenzie

Posted on June 10, 2025 by Now.Solar

According to Wood Mackenzie’s Floating Photovoltaics (PV) Market Overview 2024 report, global floating photovoltaic (FPV) installed capacity is expected to grow to 77 GW (DC) by 2033, of which the Asia-Pacific (APAC) region will account for 81% of the share, … Continue reading →

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Pakistan’s surprise photovoltaic solar surge shocks experts and grid

Posted on May 31, 2025 by Now.Solar

Pakistan has grown its photovoltaic solar energy capacity by an astounding amount in a remarkably short space of time. The shock surge has given residents the power to survive blackouts, but it threatens to disrupt the grid. A solar surge has reached … Continue reading →

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Solar photovoltaics (PV) accounts for 44% of global renewable energy employment

Posted on May 25, 2025 by Now.Solar

Solar PV jobs represented 44% of all the global renewable energy workforce in 2023, according to a report from the International Renewable Energy Agency (IRENA). In its 11th edition of the ‘Renewable Energy and Jobs’ annual report, IRENA highlighted that directly … Continue reading →

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Geopolitical tensions are laying bare fragilities in the global energy system, reinforcing need for faster expansion of photovoltaic and wind energy

Posted on May 9, 2025 by Now.Solar

World Energy Outlook 2024 shows critical choices facing governments and consumers as period of more ample supplies nears and surging electricity demand reshapes energy security Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, making … Continue reading →

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Global LCOE (levelized cost of electricity) competitiveness of wind power and photovoltaic (PV) is increasing

Posted on April 23, 2025 by Now.Solar

The cost competitiveness of these technologies varies significantly across regions, but overall, renewables are on track to overtake traditional fossil fuel sources. Wood Mackenzie has released five regional Levelised Cost of Electricity (LCOE) reports for 2024, which provide an in-depth analysis … Continue reading →

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Global market for key clean technologies set to triple to more than $2 trillion over the coming decade as energy transitions advance

Posted on April 10, 2025 by Now.Solar

First-of-its-kind IEA analysis shows complex interplay between energy, industrial and trade policies as countries seek to secure supply chains and economic opportunities The rapid uptake of clean energy technologies offers major opportunities for countries looking to manufacture and trade them … Continue reading →

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Green hydrogen auctions: A guide to design

Posted on April 6, 2025 by Now.Solar

Based on lessons learned from renewable power auctions, this report represents a guide for policymakers concerned with the design of auctions for green hydrogen deployment. The benefits of green hydrogen go beyond reducing greenhouse gas emissions. Green hydrogen can enable … Continue reading →

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Developing a Global Energy Efficiency Workforce in the Buildings Sector

Posted on March 31, 2025 by Now.Solar

IntroductionBuilding operation accounts for 30% of global final energy consumption and 26%of carbon emissions globally, making increasing the energy efficiency ofbuildings a vital step in combatting climate change (IEA, 2024a). The significantrole of building efficiency in reducing global carbon emissions … Continue reading →

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Global Hydrogen Review 2024

Posted on March 30, 2025 by Now.Solar

Executive summaryMore projects and more final investment decisions, butsetbacks persist Global hydrogen demand reached 97 Mt in 2023, an increase of 2.5% compared to 2022. Demand remains concentrated in refining and the chemical sector, and is principally covered by hydrogen … Continue reading →

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Global Gas Security Review 2024

Posted on March 29, 2025 by Now.Solar

Global gas demand in Q1-Q3 2024 grew by more than its historical average growth rateNatural gas demand returned to more pronounced growth in 2024 as markets gradually rebalanced following the 2022-23 gas supply shock triggered by Russia’s invasion of Ukraine. … Continue reading →

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Global Energy and Climate Model Documentation – 2024

Posted on March 28, 2025 by Now.Solar

GEC Model scenariosThe IEA’s medium- to long-term outlook publications – including the World Energy Outlook (WEO) and Energy Technology Perspectives (ETP) – use a scenario approach relying on the GEC Model to examine future energy trends. The GEC Model is … Continue reading →

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IEA forecasts over 4,000GW of global photovoltaic (PV) capacity by 2030

Posted on March 25, 2025 by Now.Solar

Recently, the International Energy Agency (IEA) predicted that global photovoltaic solar power capacity additions will exceed 4,000 GW by 2030. In its flagship report Renewables 2024, the agency forecasts that between 2024 and 2030, more than 5500 GW of new renewable … Continue reading →

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Geopolitical tensions are laying bare fragilities in the global energy system, reinforcing need for faster expansion of photovoltaic and wind energy

Posted on March 19, 2025 by Now.Solar

World Energy Outlook 2024 shows critical choices facing governments and consumers as period of more ample supplies nears and surging electricity demand reshapes energy security Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, making … Continue reading →

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Infolink releases global ranking of photovoltaic (PV) module shipments

Posted on March 6, 2025 by Now.Solar

Infolink Consulting has released the global photovoltaic module supply ranking for the first half of 2024. In a survey of manufacturers, changes were detected in the major global leaders. Jinko Solar ranks first, followed by JA Solar and Trina Solar. … Continue reading →

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Photovoltaic now account for six percent of the global electricity mix

Posted on February 6, 2025 by Now.Solar

Global energy demand is growing, and solar energy covers an ever-increasing share of it. Although coal (35 percent) and gas (22 percent) still account for the largest share of electricity generation worldwide, the mix is ??changing. In 2015, solar energy … Continue reading →

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Changes in the proportion of photovoltaic auxiliary materials and global expansion

Posted on February 3, 2025 by Now.Solar

In the context of the rapid rise of global renewable energy, photovoltaic (PV) power generation is increasingly becoming a powerhouse in the energy sector. While primary materials have received widespread attention, auxiliary materials such as photovoltaic glass, frames, encapsulants, and … Continue reading →

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Global Wind Energy Council opens new global headquarters in Lisbon

Posted on January 16, 2025 by Now.Solar

The Global Wind Energy Council (GWEC) has today officially opened its new global headquarters in Lisbon, Portugal. The office at Lisbon’s Unicorn Factory places GWEC at the heart of the city’s innovative cleantech sector, at a time when Portugal is … Continue reading →

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EDP Renováveis starts the operation of the first hybrid wind power and solar photovoltaic project in Spain

Posted on April 4, 2024 by Now.Solar

The announcement confirms the pioneering role of EDP Renováveis ??in the development of new solutions to accelerate the energy transition. In 2023, the company had already started operations of hybrid parks in Portugal and Poland. EDP Renováveis (EDPR), a leading … Continue reading →

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Head of International Energy Agency considers China world champion in wind power and photovoltaic

Posted on April 3, 2024 by Now.Solar

China has emerged as a world champion in green energy, achieving a remarkable surge in renewable capacity and playing a pivotal role in global energy cooperation, said Fatih Birol, executive director of the International Energy Agency (IEA).  Global renewable energy … Continue reading →

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Rio Tinto acquires 1.1 GW solar photovoltaic plant in Australia

Posted on March 27, 2024 by Now.Solar

Rio Tinto, the mining giant, on Wednesday announced a deal to buy all the electricity from the 1.1 GW Upper Calliope Solar Farm in Australia, in an effort to cut their global carbon emissions in half by 2030. The 25-year agreement … Continue reading →

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Rio Tinto acquires 1.1 GW solar photovoltaic plant in Australia

Posted on March 23, 2024 by Now.Solar

Rio Tinto, the mining giant, on Wednesday announced a deal to buy all the electricity from the 1.1 GW Upper Calliope Solar Farm in Australia, in an effort to cut their global carbon emissions in half by 2030. The 25-year agreement … Continue reading →

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Alantra and Solarig close financing of €213 million for their 1.9 GW photovoltaic (PV) platform

Posted on March 19, 2024 by Now.Solar

The investment platform is made up of 50 solar plants located in southern Europe, whose development is led by Solarig. Once these facilities reach the Ready-to-Build phase, the investment vehicle N-Sun Energy, managed by Alantra Solar (partnership between Alantra and … Continue reading →

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Invenergy awarded 291 megawatt wind energy contract from Hydro-Québec

Posted on March 13, 2024 by Now.Solar

Invenergy, the leading privately held global developer, owner, and operator of sustainable energy solutions, is pleased to confirm today that Hydro-Quebec has selected the Pohénégamook–Picard–Saint-Antonin–Wolastokuk 2 (PPAW 2) wind project to be developed and constructed as part of its A/O … Continue reading →

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EDP Renewables expands its presence in wind, photovoltaics and storage in Australia

Posted on March 10, 2024 by Now.Solar

EDP Renewables (EDPR), a global leader in renewable energy, has expanded its Asia Pacific presence into Australia to tap into the country’s substantial growth prospects in renewable energy. To fully enact its strategy and commitment to the market, the company … Continue reading →

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GE Vernova announces 1.4 GW of onshore wind projects with Squadron Energy in Australia

Posted on March 9, 2024 by Now.Solar

GE Vernova to supply the 6.0-164 workhorse wind turbine in strategic framework agreement, providing 1.4 GW of wind power generation across three sites.Framework agreement includes 414 MW Uungala Wind Farm, 400 MW Jeremiah Wind Farm and 700 MW Spicers Creek … Continue reading →

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Ingeteam reaches 13 GW in India and Brazil in the wind energy industry

Posted on March 6, 2024 by Now.Solar

Ingeteam continues its firm commitment to wind energy, in which it is a global technology leader. Combined with its customer orientation, in 2018 the company decided to bring its production capacity closer to the Asian continent to improve its value … Continue reading →

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California, the EU Commission, Panama and Brazil join the Global Offshore Wind Alliance launched by Denmark, GWEC and IRENA

Posted on March 2, 2024 by Now.Solar

The Global Offshore Wind Alliance (GOWA) has welcomed Brazil, California, the EU Commission and Panama into its membership at a ceremony at COP28 in Dubai. The expansion adds 65 GW of declared target capacity to the Alliance, and positions it … Continue reading →

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France’s Energy Minister 23 announced the adoption of 54 applications for onshore wind farm projects

Posted on March 1, 2024 by Now.Solar

France’s “Figaro” reported on November 23, that the French energy minister announced on the 23rd through 54 onshore wind farm project applications, the total power of the project is 931 megawatt-hours, the average price of the tender is 86.94 euros … Continue reading →

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Invenergy buys 3.6 GW New Jersey offshore wind power from Blackstone

Posted on February 28, 2024 by Now.Solar

nvenergy, a leading privately-held global developer and operator of sustainable energy solutions, has acquired a 3.6GW offshore wind power line project in New Jersey from Blackstone, a leading private equity firm. The project aims to strengthen New Jersey’s renewable energy … Continue reading →

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IEA assessment of the evolving pledges at COP28

Posted on February 24, 2024 by Now.Solar

At the COP28 climate change conference in Dubai, pledges have been made in three key areas – by many countries on renewables and energy efficiency, and by a significant number of companies on methane. These are three of the five crucial … Continue reading →

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Solar power has seen a remarkable increase in capacity worldwide

Posted on February 23, 2024 by Now.Solar

In 2010 it took an average of a month to install one gigawatt of solar capacity. By 2015, this pace quickened to a week, and in 2023, it is expected to exceed one gigawatt per day. In the last decade, … Continue reading →

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HH Sheikha Shamma bint Sultan bin Khalifa bin Zayed Al Nahyan and GE Vernova CEO Scott Strazik inaugurate ‘Wonders of Wind’ exhibit at COP28

Posted on February 23, 2024 by Now.Solar

HH Sheikha Shamma bint Sultan bin Khalifa bin Zayed Al Nahyan, President & CEO of the UAE Independent Climate Change Accelerators (UICCA) and Scott Strazik, CEO of GE Vernova, inaugurated the ‘Wonders of Wind: Double Down to Reach 3xRenewables by 2030’ exhibit in … Continue reading →

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Innovative Policymaking is Crucial to Drive Green Hydrogen Market and Ensure its Sustainable Production

Posted on February 22, 2024 by Now.Solar

According to the International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook 2023, the most realistic way to course correct the 1.5°C Pathway is by tripling renewable energy and the doubling of energy efficiency by 2030. Green hydrogen has an important … Continue reading →

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3 TWdc of new solar power PV installations between 2023 and 2032

Posted on February 22, 2024 by Now.Solar

Our latest quarterly global solar PV forecast has seen a 5% upgrade, projecting over 3 TWdc of new solar PV installations between 2023 and 2032. Decarbonisation and electrification commitments at a government and corporate level, along with expanding auction plans … Continue reading →

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RWE secures 684-megawatt project together with Mitsui and Osaka Gas in Japanese offshore wind energy auction

Posted on February 14, 2024 by Now.Solar

Wind farm to be located off the coast of the cities of Murakami and Tainai, Niigata Prefecture Partnership represents a strong combination of long-term expertise in offshore wind and knowledge of the local market.RWE Offshore Wind Japan Murakami-Tainai K.K. has … Continue reading →

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COP28 key takeaways: The challenges in accelerating the energy transition

Posted on February 12, 2024 by Now.Solar

There’s more than one measure of success. Our team was there and witnessed an organisational triumph. The sheer scale of COP28 signalled an event of global interest – over 100,000 attended, bigger than Burning Man, compared with about 10,000 at Kyoto in … Continue reading →

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China’s solar production costs fall by 42% in last year

Posted on February 11, 2024 by Now.Solar

New Horizons report says US and Europe can’t compete with Asia manufacturing powerhouse. The cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W) giving manufacturers in the country … Continue reading →

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GE and Forestalia sign collaborative agreement to install up to 693 MW of wind energy in Spain

Posted on February 8, 2024 by Now.Solar

Framework agreement between GE and Forestalia includes 110 onshore wind turbines across 16 project sites in Aragon, Spain. First phase of 33 wind turbines already underway. All projects will feature GE’s 6.1-158 workhorse wind turbines. GE Vernova announced today that … Continue reading →

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Vestas is awarded a 186 MW wind power project in Finland

Posted on February 6, 2024 by Now.Solar

Vestas has received a firm order from Ilmatar, a Nordic energy company and independent power producer (IPP), for the Pahkakoski wind farm in the municipality of Ii, located 60 kilometers from the city of Oulu, Finland. The order consists of … Continue reading →

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Suzlon wins 100.8 MW wind order for 3 MW wind turbines

Posted on February 5, 2024 by Now.Solar

Supply 32 wind turbines with a nominal power of 3.15 MW each. Wind farm with a total installed capacity of 100.8 MW to be completed in Gujarat. The electricity generated by the project will be supplied to Gujarat Urja Vikas … Continue reading →

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EDP is the world’s number 1 among electric utilities in the Dow Jones global sustainability indices

Posted on February 4, 2024 by Now.Solar

With a final score of 88 points, above average in the energy sector, EDP group, of which EDPR takes part, stands out as one of the world’s sustainability champions. EDP group, of which EDPR is part, has once again been … Continue reading →

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Wind power in Peru: Acciona wind farm

Posted on January 24, 2024 by Now.Solar

ACCIONA Energía has connected its first renewable energy project in Peru, the San Juan de Marcona wind farm (135,7MW), to the National Interconnected Electricity System (SEIN) grid, representing an investment by the global renewable energy company of US$180 million (€164 … Continue reading →

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Türkiye is one of Europe’s leading countries in wind energy

Posted on January 21, 2024 by Now.Solar

While the Global Wind Energy Council pointed out that the terawatt era will begin in global wind energy installed power at the end of 2023, Turkey stood out as the 5th largest wind industry in Europe. The company, which started … Continue reading →

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Vestas secures 945 MW order for V163-4.5 MW wind turbines in the US

Posted on January 14, 2024 by Now.Solar

Vestas has received a 945 MW order for the undisclosed wind farm in the US. The order consists of 210 V163-4.5 MW wind turbines, Vestas’ newest high-capacity wind turbine. The order includes the supply, delivery and commissioning of the wind … Continue reading →

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Suzlon secures new order for 100.8 MW of wind power for 32 3 MW wind turbines

Posted on January 8, 2024 by Now.Solar

To supply 32 wind turbines with a rated capacity of 3.15 MW each. Wind farm with a total installed capacity of 100.8 MW to be completed in KarnatakaElectricity generated from the project will be supplied to Commercial and Industrial (C&I)customers. … Continue reading →

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Navigating Indonesia’s PowerSystem Decarbonisation withthe Indonesia Just EnergyTransition Partnership

Posted on January 2, 2024 by Now.Solar

global Continue reading →

Posted in Coal, Cogeneration, Fossil Fuel, Global Warming, Government, Grid Interactive Distributed Solar Energy Systems, Low Carbon Emission, Power Generation, Renewables, Solar, Solar Parks, Solar Policy, Solar Pumps, Solar PV, Solar Thermal | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

RWE launches global Floating Wind Co-use Competition

Posted on December 9, 2023 by Now.Solar

RWE, one of the world leaders in offshore wind, has launched its first global “Floating Wind Co-use Competition”. The company is looking for solutions to promote co-existence with other sea users and biodiversity enhancement. RWE is dedicated to accelerating the … Continue reading →

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Lack of ambition and attention risks making electricity grids the weak link in clean energy transitions

Posted on December 8, 2023 by Now.Solar

Efforts to tackle climate change and ensure reliable supplies of electricity could be put at risk unless policy makers and companies quickly take action to improve and expand the world’s electricity grids, according to a special report released today by … Continue reading →

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RWE appoints Fugro to start geophysical survey for Denmark’s largest offshore wind farm

Posted on December 5, 2023 by Now.Solar

RWE has commenced a geophysical survey off the Danish west coast. Up to three survey vessels will be deployed to carry out a detailed pre-construction survey including a search for unexploded ordnance (UXO) approximately 34 kilometres off the coast of … Continue reading →

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