Corporate renewable power purchase agreements (PPAs) in Australia are set to reach record levels this year, with governments and business investing AUD$2.4 billion (US$1.78 billion) and buying more than 1GW of green energy.
Annual global investments in green hydrogen are on track to exceed US$1 billion by 2023 as production costs fall and governments increase their support for the technology.
Solar will likely play a major role in achieving Japan’s policy goal of reducing greenhouse gas (GHG) emissions to zero by 2050 and could reach 130GW to 160GW in cumulative deployments by the 2030 financial year.
The Queensland government has repeated a pledge to invest hundreds of millions of Australian dollars in the development of state-owned solar and wind farms in its latest budget, drawing criticism from environmental campaigners.
A massive renewables scale up by China to help it achieve its recently announced carbon neutrality pledge could see the country reach 4.2TW of solar capacity by 2050, a new study from BloombergNEF says.
The U.S. Senate has approved two candidates for the Federal Energy Regulatory Commission (FERC) that were nominated by President Donald Trump, bringing the agency to a full five members.
Deploying at least 247GW of rooftop and community solar and 160GW of local energy storage is the most cost-effective way for the US to transition to a clean energy system by 2050, a new report has found.
Vietnam is set to expand its solar and wind capacity as a supportive regulatory environment and growing investor confidence spur on new project development, according to consultancy Fitch Solutions.
India will provide additional support for domestic solar equipment manufacturers to help meet the country’s soaring renewable energy generation capacity, Prime Minister Narendra Modi has said.
China’s Ministry of Finance has handed completed solar projects in the country a major boon by approving all completed renewables generators to its subsidy catalogue.
