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March 16, 2023

Grid shortage hinders South Africa's power generation plans

Shortages of grid connections is a significant obstacle that must be addressed as South Africa endeavors to increase its power generation capacity to put an end to its unprecedented blackouts, according to the head of an office that procures power from pr
March 16, 2023

Germany plans to launch long-term subsidy scheme to cut industry emissions

Germany seeks to launch a subsidy program for industries in April to help them transition to carbon-neutral production, according to a document released on Tuesday, as Europe's largest economy explores measures to make industry carbon-neutral by 2045.
March 15, 2023

China likely to triple its target for renewables, says Goldman Sachs

China is likely to install nearly three times more wind turbines and solar panels by 2030 than its current target, helping shift the world's largest fuel importer toward energy self-sufficiency, according to Goldman Sachs Group Inc.
March 14, 2023

EU unveils measures to prevent industrial decline amid green transition

The European Union is a global leader in reducing carbon emissions, but it is also taking steps to ensure that the green transition does not turn it into an industrial desert, with a raft of measures set to be announced next week.
March 13, 2023

China’s rooftops could host solar capacity almost the size of global total

China’s buildings and rooftops have potential to host more than 1,000 GW of solar power capacity — almost the same size as the entire existing global industry, according to the sector’s largest manufacturer.
March 13, 2023

U.S. solar industry set to rebound in 2023: report

New solar installations in the U.S. dropped 16% to 20.2 GW in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report released on Thursday.
March 10, 2023

Canada eyes bigger share in global green technology sector

Canada will boost investments in the green transition in this year's budget to compete with massive U.S. incentives, but the aim is to claim a portion of the growing clean-tech industry, not to go head-to-head with the world's biggest economy, a senior Ca
March 08, 2023

Japan promises financial assistance to help ASEAN decarbonise

Japan pledged financial and technological assistance on Saturday to ASEAN countries in their efforts to decarbonize their economies and address climate change.
March 02, 2023

China approves record number of new coal-fired power plant in 2022

China approved the construction of 106 GW of new coal-fired power capacity last year, four times more than the previous year and the highest level since 2015, spurred by energy security concerns, according to a research released on Monday.
March 02, 2023

Gas shortage is unlikely to hit Germany next winter, research suggests

Germany is not likely to encounter a gas crisis this winter and should postpone the conversion of floating liquefied natural gas (LNG) terminals to fixed ones, a report by the DIW economic institute said.

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