News Archives - Page 2 of 9

Governments set to tender over 100 GW of renewable energy projects in 2024

by Team PowerHub March 11, 2024

Summary:
In a major push for clean energy, governments globally plan to tender more than 100 gigawatts of renewable projects in 2024, with a significant focus on offshore wind. This move mirrors the successful allocation of 137 GW in 2023, underscoring a robust global commitment to increasing renewable energy capacity. Analysts highlight the essential role of government tenders in accelerating the transition to sustainable energy sources.

Deep Dive:
In a significant move towards bolstering renewable energy capacity, governments worldwide are poised to tender over 100 gigawatts (GW) of renewable energy projects in 2024, matching the ambitious efforts of 2023.

Social Images PROJECTING ITS RISE TO 37% OF GLOBAL ELECTRICITY BY 2026

IEA’s Electricity 2024 report highlights the growing importance of renewable energy

by Team PowerHub January 28, 2024

Excerpt:
The IEA’s Electricity 2024 report highlights the growing importance of renewable energy, projecting its rise to 37% of global electricity by 2026, while addressing the challenges and opportunities in the rapidly evolving electricity sector.

Deep Dive:
The International Energy Agency (IEA) annually publishes a comprehensive report analyzing the current state and future trends of the electricity sector.

What COP28 commitments mean for asset managers

by Team PowerHub January 12, 2024

Excerpt: COP28’s historic decisions emphasized accelerating the transition to a net-zero economy, notably advocating for a significant increase in renewable energy investments and a move away from fossil ...

Historic $1.3 Billion Investment in U.S. Grid Expansion Announced by Department of Energy

by Team PowerHub November 3, 2023

Cochise, Arizona – In a groundbreaking move, the U.S. Department of Energy (DOE) has unveiled a commitment of up to $1.3 billion for the development of three transmission lines spanning six states.