‘Taiwan to build around 15GW of new offshore wind capacity by end of 2035’

GlobalData predicts the country’s offshore wind market is ‘set to grow multifold’ as its energy sector transitions towards the national goal of achieving a more sustainable power mix

Offshore wind
Delays in offshore wind approvals ‘could see UK fall behind targets’

A recent study by GlobalData has predicted that wind project delays could prevent the UK achieving 40GW of offshore capacity by 2030

Smart grids ‘can enhance energy security during pandemic’

GlobalData expects smart grids to ensure continuous power supply to critical infrastructure, amid the Covid-19 crisis

Merger and acquisition deals shrink across the renewable sector amid Covid-19 crisis

The sector has noted a 25% drop in deals by the end of 2020’s first quarter, compared to the fourth quarter of 2019

UK solar sector ‘witnesses stalled growth due to Covid-19 crisis’

Projects are expected to fall short on timelines by at least a quarter, with a disrupted supply and pre-crisis policy changes exacerbating delays

Covid-19 pandemic ‘hurts fossil fuel sector’

That’s the result of a decrease in electricity demand due to production halts in major factories globally, according to a new report

Portugal stalls solar plans in response to Covid-19 crisis

The epidemic has resulted in an ‘unpredictable’ market, delaying licensing auctions indefinitely

Global power industry spent $5.91bn in February 2020

This value marked an increase of 111.1% over the previous month but a drop of 42.1% when compared with the last 12-month average of $10.2bn

World’s favourite power source in 2016? Solar!

Solar has become the world’s favourite type of electricity generation, with more capacity installed than any other technology. The latest update from GlobalData Power Attractiveness Index (GPAI) found around 72GW of new solar PV capacity was installed in 2016. It was followed by wind energy with 53GW, coal with 52GW, gas with 41GW and hydro […]

US green energy sector ‘to grow to 216GW by 2025’

The non-hydro renewable energy sector in the US will rise to 216GW by 2025. That’s an annual growth of 5.9% within a decade, new figures from GlobalData revealed. “This suggests that the current US Government, aware of the country’s status as one of the world’s leading carbon emitters, fully supports the growth of clean generation […]