energy transition

South Korea’s Ministry of Climate, Energy and Environment (MCEE) has unveiled its KRW1,000 trillion (US$747 billion) Korean Green Transformation (K-GX) industrial strategy.

Annual global renewable energy capacity additions will need to almost double to 1.2TW if the world is to meet the COP28 targets, says IRENA.

Australia's coal retirement timeline is creating a circular problem for renewable energy investment, a panel discussion revealed.

South Korea has announced plans to almost triple its operational renewable energy capacity from 37GW today to 100GW by the end of the decade.

Global clean energy investment reached a record US$2.3 trillion in 2025, an 8.1% increase over the previous year, according to BNEF.

Petrobras has acquired 49.9% of solar developer Lightsource bp’s subsidiaries in Brazil, for a 'not materially significant' amount of money.

The world invested US$554 billion into solar PV projects in 2024, leading renewable electricity generation sources, according to IRENA.

The world generated 2,109.76TWh of electricity from solar in the first nine months of the year, a 31% increase over the same period in 2025.

Representatives from the EU, IEA and IRENA have signed an open letter to deliver a 'just and equitable energy transition'.

In a webinar hosted by Informa Markets, industry experts gathered to dissect the implications of the 45V clean hydrogen tax credit extension.