Wind and solar overtake fossil fuels in EU power mix
Wind and solar power have reached a share of 30% of European Union (EU) electricity generation, overtaking fossil fuels for the first time.
Wind and solar power have reached a share of 30% of European Union (EU) electricity generation, overtaking fossil fuels for the first time.
The world has added 50% more renewable capacity in 2023 than in 2022 and the next 5 years will see the fastest growth yet.
Global energy-related carbon dioxide emissions hit a record high last year, even as more clean technologies such as solar power and electric vehicles helped limit the impact of increased coal and oil consumption, according to the International Energy Agency (IEA). Scientists warn that energy users around the world must dramatically reduce emissions to slow the ill effects of global warming.
For the rest of this year, Rezolv Energy will focus on the four projects in our current portfolio.
EIB and BNZ have signed a €166 million loan to support the deployment of 17 solar photovoltaic plants across Spain, Italy, and Portugal.
Electric cars (BEV) will reach 20-24% market share in 2025, according to Transport & Environment (T&E) modeling based on sales in the first half of this year and sales forecasts.
The new IEA report offers a first-of-its-kind global stocktake of efforts to integrate variable renewables across 50 power systems, identifying best practices and key challenges.
In the context of the floods that have impacted Romania, the Raiffeisen Bank team has extended its support to civil society.