Statkraft, the largest renewable energy producer in Europe with a presence in 21 countries globally, has released its annual “Low Emissions Scenario” report. This report examines the factors and consequences of the worldwide shift toward cleaner energy sources. Over the…
The goal of the amendment is to simplify investments and align transmission networks with the evolving landscape of prosumer energy. The act received overwhelming support in the legislative body, with 443 Members of Parliament voting in favor, none opposing it,…
California will require $50 billion by 2035 to update its infrastructure to support the growth of electric vehicles and the increasing use of renewable energy sources in its energy mix. California has set ambitious goals for its energy future. By…
The International Energy Agency states that the world needs to install or upgrade over 80 million kilometers of distribution networks by 2040. This means we have to double the current number of power grids, and experts consider this essential for…
As per the International Energy Agency, the renewable energy market is experiencing a recovery following the challenges posed by the pandemic, including issues related to inflation and disrupted supply chains. It is anticipated that 2023 will emerge as a record-breaking…
The ORLEN Group is embarking on a momentous venture in green energy, marking the largest investment of its kind in Central Europe. The decision to proceed with the construction of the Baltic Power wind farm, Poland’s inaugural wind project, has…
Consumers Energy intends to construct an 85 MW solar farm at the location of the now-closed Karn 1 and Karn 2 coal-fired power plants in Michigan, USA. These power plants, which had been in operation since 1959, were shut down…
The ORLEN Group has obtained a favorable assessment from the Minister of Infrastructure for five fresh sites designated for offshore wind farms. This marks a pivotal step in the realization of ambitious marine energy initiatives. These upcoming investments are expected…
The electricity required each year to run the Bitcoin network is eight times more than what tech giants like Google and Facebook use altogether. The process of mining cryptocurrency and running the whole network often relies on renewable energy sources,…
The Ukrainian government has granted approval for the development of a massive 1-gigawatt (GW) wind farm within the Chernobyl Exclusion Zone. This ambitious project is set to move forward in collaboration with the German energy company Notus Energy. The involved…