US overtakes China as most attractive country for renewables investment; India slips to 7th spot: EY report
4 years, 7 months ago

US overtakes China as most attractive country for renewables investment; India slips to 7th spot: EY report

Firstpost  

The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday London: The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday. This, coupled with reduced demand as a result of COVID-19, has caused China to drop to second in the index from first last year, but forecasts remain optimistic for long-term growth, the report added. Despite delays to some projects due to logistic issues amid the coronavirus pandemic, the global renewables sector is expected to bounce back quickly as the long-term drivers for investment remain strong, the report said. “There was much discussion around environmental, social and governance issues earlier this year and this, along with climate change, is still the dominant long-term driver for renewable investment,” said Ben Warren, EY global power & utilities corporate finance leader and chief editor of the report.

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History of this topic

Asia’s yawning renewables lead may onl
4 hours, 44 minutes ago

Asia’s yawning renewables lead may onl

Live Mint  

By Gavin Maguire LITTLETON, Colorado, Jan 15 - Asia has widened its renewable energy capacity lead over all other regions, adding a record 450,000 megawatts of new renewable capacity in 2024, according to data compiled by LSEG. That capacity addition dwarfs the roughly 109,000 MW added in Europe and the 93,000 MW added in North America last year, and cements …

Key solar themes to track after torrid 2024 for investors: Maguire
1 week, 1 day ago

Key solar themes to track after torrid 2024 for investors: Maguire

Live Mint  

By Gavin Maguire LITTLETON, Colorado, Jan 7 - Solar electricity generation posted its largest ever annual rise globally in 2024, yet many investors in the solar sector are nursing heavy losses after share prices in major solar firms and exchange-traded funds collapsed. Going forward, renewables remain at the heart of planned expansions in electricity output worldwide, and solar systems are …

China maintains high utilization rates of wind, solar power
4 weeks, 2 days ago

China maintains high utilization rates of wind, solar power

China Daily  

BEIJING -- China has maintained high utilization rates of wind and solar power, official data showed Sunday, suggesting the world's renewables powerhouse has ensured both speed and quality in its green drive. By the end of 2024, the country's installed wind power capacity reached 510 million kilowatts, while its solar power capacity stood at 840 million kilowatts. In the first …

China is racing towards a future powered by wind and solar
1 month, 4 weeks ago

China is racing towards a future powered by wind and solar

CNN  

CNN — High above the sand dunes of China’s Kubuqi desert, nearly 200,000 solar panels have been carefully placed in rows to create the outline of a galloping steed. As President-elect Donald Trump is likely to roll back on the US’ role as a global climate leader, experts say China will have to lead the charge. And as the world’s …

Country's green drive hits major milestone
2 months, 2 weeks ago

Country's green drive hits major milestone

China Daily  

By Liu Yukun | China Daily | Updated: 2024-11-01 09:09 Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. China achieved a major milestone in renewable energy development with installations of wind and solar power generating units surpassing 1.2 billion kilowatts, six years ahead of schedule, said the National Energy …

China's Advancements in Green Energy Technology: A Beacon for the Global Shift
Top News
2 months, 3 weeks ago

China's Advancements in Green Energy Technology: A Beacon for the Global Shift

China Daily  

China's advancements in green energy technology and industrial chain have made significant strides in supporting the global shift toward green and low-carbon energy. The country has developed a complete wind and photovoltaic industry chain, contributing to reducing costs and facilitating the world's green energy transition. China has also made significant strides in recent years in advancing renewable energy technologies, including …

China's Advancements in Green Energy Technology: A Beacon for the Global Shift
Top News
2 months, 3 weeks ago

China's Advancements in Green Energy Technology: A Beacon for the Global Shift

China Daily  

China's advancements in green energy technology and industrial chain have made significant strides in supporting the global shift toward green and low-carbon energy. The country has developed a complete wind and photovoltaic industry chain, contributing to reducing costs and facilitating the world's green energy transition. China has also made notable progress in advancing renewable energy technologies, including the development of …

China's Advancements in Green Energy Technology: A Beacon for the Global Shift
Top News
2 months, 3 weeks ago

China's Advancements in Green Energy Technology: A Beacon for the Global Shift

China Daily  

China's advancements in green energy technology and industrial chain have made significant strides in supporting the global shift toward green and low-carbon energy. The country has developed a complete wind and photovoltaic industry chain, contributing to reducing costs and facilitating the world's green energy transition. China has also made significant strides in recent years in advancing renewable energy technologies, including …

China's Advancements in Green Energy Technology: A Beacon for the Global Shift
Top News
2 months, 3 weeks ago

China's Advancements in Green Energy Technology: A Beacon for the Global Shift

China Daily  

China's advancements in green energy technology and industrial chain have made significant strides in supporting the global shift toward green and low-carbon energy. The country has developed a complete wind and photovoltaic industry chain, contributing to reducing costs and facilitating the world's green energy transition. China has also made notable progress in advancing renewable energy technologies, including the development of …

The revolution of renewable energy in China
3 months, 3 weeks ago

The revolution of renewable energy in China

China Daily  

In recent years, China has emerged as a global leader in renewable energy, setting determined goals and accomplishing extraordinary milestones. As the world grapples with the urgent need to shift towards sustainable energy sources, China's efforts in renewable energy serve as a model for other nations. The 13th Five-Year Plan marked a critical turning point in China's renewable energy path …

Trade body: US distorts global solar market, hampers climate change battle
3 months, 3 weeks ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

Trade body: US distorts global solar market, hampers climate change battle
3 months, 3 weeks ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

By Liu Yukun | chinadaily.com.cn | Updated: 2024-09-22 21:03 The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced …

Trade body: US distorts global solar market, hampers climate change battle
3 months, 3 weeks ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

Nation helps drive global transition to green energy
4 months, 2 weeks ago

Nation helps drive global transition to green energy

China Daily  

An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing climate change, according to a white paper issued on Thursday. …

Nation helps drive global transition to green energy
4 months, 2 weeks ago

Nation helps drive global transition to green energy

China Daily  

By ZHENG XIN | CHINA DAILY | Updated: 2024-08-30 07:04 An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing …

White paper claims one quarter of China's energy now comes from clean sources
4 months, 2 weeks ago

White paper claims one quarter of China's energy now comes from clean sources

The Hindu  

A quarter of all the energy China consumes now comes from clean sources, according to research published Thursday, as Beijing rapidly pivots its huge economy to a greener footing. A white paper published Thursday said the proportion of "clean energy" in total national consumption rose from 15.5% to 26.4% over the past decade, according to State news agency Xinhua. It …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Domestic support, diversified overseas strategies underlined for PV industry
5 months, 2 weeks ago

Domestic support, diversified overseas strategies underlined for PV industry

China Daily  

Technicians check photovoltaic boards at a solar power station in Yangquan, Shanxi province, on Tuesday. ZHU XINGXIN/CHINA DAILY Asia surpassed Europe as the largest export market for Chinese solar products in the first half of this year, the China Photovoltaic Industry Association said on Thursday. "In the first six months, major global photovoltaic markets such as the United States, Europe, …

India's solar output grows at slowest pace in six years in first half of 2024
6 months, 1 week ago

India's solar output grows at slowest pace in six years in first half of 2024

Hindustan Times  

By Sudarshan Varadhan and Cassandra Yap India's solar output grows at slowest pace in six years in first half of 2024 SINGORE, - India's solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal …

Nation biggest contributor to global renewables capacity amid green transition
6 months, 1 week ago

Nation biggest contributor to global renewables capacity amid green transition

China Daily  

Wind turbine blades are loaded onto a freighter at Yantai Port in Shandong province in April. TANG KE/FOR CHINA DAILY China is the largest contributor to the development of the global renewable energy industry, according to a recently released report by the International Energy Agency. Last year, the scale of newly installed renewable energy capacity in China exceeded the total …

America should welcome China's clean energy products, says Bloomberg columnist
7 months, 1 week ago

America should welcome China's clean energy products, says Bloomberg columnist

China Daily  

Xinhua | Updated: 2024-06-06 16:48 This aerial photo taken on Feb 18, 2023 shows a photovoltaic power project in Liangzhou district of Wuwei, Northwest China's Gansu province. NEW YORK -- David Fickling, a Bloomberg Opinion columnist, argued on Wednesday that the United States should embrace affordable clean energy products, especially solar panels from China, rather than double tariffs. If Biden's …

Renewables provide record 30% of global electricity in 2023
8 months, 1 week ago

Renewables provide record 30% of global electricity in 2023

China Daily  

A Zoom screenshot from the fifth annual Global Electricity Review of Ember shows a range of experts discussing the global shift to clean electricity in late May 8. CHINA DAILY Renewables generated a record 30 percent of global electricity in 2023, driven by growth in solar and wind especially from China, according to the Global Electricity Review 2024 released by …

China's renewables tech cuts costs
8 months, 2 weeks ago

China's renewables tech cuts costs

China Daily  

Employees work at a photovoltaic panel production facility in Hefei, Anhui province, in February. China's large-scale production of solar panels and electric vehicles has not only lowered costs but has also made green technology more accessible globally, industry insiders said. The IEA believes China was the major driving force behind the world's rapid expansion of renewable power generation capacity last …

Out with the old, in with the new
9 months, 3 weeks ago

Out with the old, in with the new

China Daily  

ZHANG YUJUN/FOR CHINA DAILY In 2023, Chinese car manufacturer BYD surpassed Tesla and took the lead in the global electric vehicle market by selling over 3 million vehicles. China's great productivity in generating clean and renewable energy, offering high-quality goods at low prices, is helping other countries develop their own clean energy production. China's global role in the energy transition …

Out with the old, in with the new
9 months, 3 weeks ago

Out with the old, in with the new

China Daily  

ZHANG YUJUN/FOR CHINA DAILY In 2023, Chinese car manufacturer BYD surpassed Tesla and took the lead in the global electric vehicle market by selling over 3 million vehicles. China's great productivity in generating clean and renewable energy, offering high-quality goods at low prices, is helping other countries develop their own clean energy production. China's global role in the energy transition …

Out with the old, in with the new
9 months, 3 weeks ago

Out with the old, in with the new

China Daily  

ZHANG YUJUN/FOR CHINA DAILY In 2023, Chinese car manufacturer BYD surpassed Tesla and took the lead in the global electric vehicle market by selling over 3 million vehicles. China's great productivity in generating clean and renewable energy, offering high-quality goods at low prices, is helping other countries develop their own clean energy production. China's global role in the energy transition …

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up
11 months, 1 week ago

India’s clean energy boom slows as new solar projects get delayed. Experts say it can pick back up

Associated Press  

BENGALURU, India — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy. It takes up to two years for solar projects to come online after …

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says
1 year ago

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says

Associated Press  

BENGALURU, India — The world’s renewable energy grew at its fastest rate in the past 25 years in 2023, the International Energy Agency reported Thursday in its first assessment since nations agreed in December on ambitious new targets to slow dangerous climate change. The Paris-based agency said rapid growth of solar in China was the main driver as the world …

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says
1 year ago

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The world's renewable energy grew …

The year in clean energy: Wind, solar and batteries grow despite economic challenges
1 year ago

The year in clean energy: Wind, solar and batteries grow despite economic challenges

LA Times  

Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects. Another banner year for solar China, Europe and the U.S. each set solar installation records for a single year, according to the International Renewable Energy …

The year in clean energy: Wind, solar and batteries grow despite economic challenges
1 year ago

The year in clean energy: Wind, solar and batteries grow despite economic challenges

Associated Press  

Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects. CHALLENGES FOR WIND ENERGY By the end of 2023, the world will have added enough wind energy to power nearly 80 million homes, making it …

The year in clean energy: Wind, solar and batteries grow despite economic challenges
1 year ago

The year in clean energy: Wind, solar and batteries grow despite economic challenges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. ANOTHER BANNER YEAR FOR SOLAR China, Europe, and the …

Data | Clean energy funds rise, but mostly in China, Europe, U.S.
1 year, 7 months ago

Data | Clean energy funds rise, but mostly in China, Europe, U.S.

The Hindu  

The latest report by the International Energy Agency, ‘World Energy Investment 2023,’ shows that investment in clean energy has increased in recent years, with the transition mainly fuelled by Electric Vehicles and renewable power. Chart 2 | The chart shows the annual clean energy investment, 2015-2023 in billion $ Click to subscribe to our Data newsletter The report shows that …

Solar energy is not the best option for India
1 year, 11 months ago

Solar energy is not the best option for India

The Hindu  

The Hindu’s editorial, Energy conundrum, expressing caution about the country’s bubbling enthusiasm in the climate change agenda by going the whole hog on solar energy is timely but spartan, and needs amplification. Apart from the external pressure that is pushing India more and more into the so-called carbon limiting renewable energy path, the Prime Minister’s own enthusiasm and support and …

Renewable Energy Growth Rate Up 45% Worldwide In 2020; IEA Sees 'New Normal'
3 years, 8 months ago

Renewable Energy Growth Rate Up 45% Worldwide In 2020; IEA Sees 'New Normal'

NPR  

Renewable Energy Growth Rate Up 45% Worldwide In 2020; IEA Sees 'New Normal' Enlarge this image toggle caption Hector Retamal / AFP Hector Retamal / AFP Despite the pandemic, the growth rate in the world's renewable energy capacity jumped 45% in 2020, part of "an unprecedented boom" in wind and solar energy, according to a new report from the International …

India Could be Largest Contributor for the Renewable Energy Sector in 2021
4 years, 1 month ago

India Could be Largest Contributor for the Renewable Energy Sector in 2021

News 18  

Renewable Energy has established itself as the technology of choice for new power generation capacity globally. India is now the 5th largest market for renewable energy in the world, 4th largest market for wind and 3rd largest market for solar in the world only behind China and US. Today, India is one of the countries with the largest contribution of …

China's sustainable investing shows no sign of letting up
4 years, 5 months ago

China's sustainable investing shows no sign of letting up

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. China's recovery from the economic blow of the COVID-19 crisis presents a potential watershed moment for sustainable investing in the country. Across the range of ESG elements, Chinese policymakers are today faced with a historic opportunity in …

Solar power in China is now cheaper than the grid in hundreds of cities
5 years, 5 months ago

Solar power in China is now cheaper than the grid in hundreds of cities

CNN  

London CNN Business — Solar energy in hundreds of Chinese cities is now cheaper than electricity supplied by the national grid, and it can even compete with coal-fired power in 75 of them, a new study has found. The researchers said that cheaper prices “may encourage a substantial uptake of industrial and commercial solar systems in China in the near …

China remains the world's worst polluter but did you know it's also a leader in renewable energy?
5 years, 6 months ago

China remains the world's worst polluter but did you know it's also a leader in renewable energy?

ABC  

Shanghai, one of the world's most populous cities, will today enact strict green policies limiting disposable takeaway utensils and hotel room essentials, as it officially rolls out a major recycling overhaul. Key points: China contributed to almost a third of the global renewables investment in 2018 But the Asian power remains the world's largest producer of carbon emissions China provides …

Indian renewables sector to see strong growth, favourable policy support: HSBC report
6 years, 4 months ago

Indian renewables sector to see strong growth, favourable policy support: HSBC report

Firstpost  

According to the report, the fiscal year 2016-17 was a turning point for renewables as newly installed capacity surpassed that of newly installed coal for the first time. New Delhi: Renewables sector in India is expected to see strong growth and favourable policy support going forward as traditional fossil fuel power projects are facing growing transition risks, an HSBC report …

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