Brazil generates power from a diverse range of sources that include thermal sources (gas, oil, and coal), hydropower, nuclear, and renewable. Hydropower accounts for the majority of the country’s annual power generation. However, overdependence on hydropower…
From Soil to Sea: Credit Risk Dynamics in Wind Energy Projects
Note: Illustration not to scale. Source: Energy Central. Summary While onshore wind power projects are generally cheaper to build, offshore wind projects…
Egypt’s renewable power capacity to reach 31.6GW in 2035, forecasts GlobalData
Egypt is endeavoring to augment the proportion of renewable energy within its electricity mix to 42% by the year 2035. The nation is actively expanding…
Global renewable power installed capacity to surge to 11.2TW by 2035, forecasts GlobalData
The power sector is experiencing a notable growth in renewable energy sources, propelled by an array of factors such as technological progress, policy incentives, and a heightened awareness of the imperative for sustainable energy solutions. Consequently,…
Laos’ large hydropower capacity to reach 16GW in 2035, forecasts GlobalData
Laos’ Ministry of Energy and Mines (MEM) has set a goal to reach hydropower capacity of 12GW by 2025 and 20GW by 2030, with the objective of facilitating regional exports. The nation is poised to export renewable electricity to Thailand, Cambodia, and Vietnam,…
NY-BEST Announces Energy Storage Partnerships Award Winners
Three Initiatives Honored for Advancing Energy Storage Community Partnerships and Inclusive Workforce Initiatives Albany, NY – The New York Battery and Energy Storage Technology Consortium (NY-BEST) is proud to announce the recipients of its inaugural…
Tariff-related disruptions to outweigh other oil and gas themes, says GlobalData
US tariffs and energy security are expected to remain the focal points for oil and gas trade in 2025. Tariff-induced trade tensions might exert downward pressure on the US and global economy in the near term, potentially affecting the energy demand. It is…
Yanmar America Advances Sustainability Efforts with Solar Panel Installation
Adairsville, GA – Yanmar America has taken a major step toward its sustainability goals with the installation of 914 high-efficiency solar panels at its headquarters in Adairsville, Georgia. As of March 25, the solar array is fully operational, following…
Stockholm Exergi extends landmark carbon removal agreement with Microsoft
Stockholm Exergi today announced that it has signed a contract with Microsoft extending the already existing ten-year agreement of 3.33 million tonnes to 5.08 million tonnes of permanent carbon removals from Bio-energy with carbon capture and storage (BECCS)…
Virtual Power Purchase Agreements on the Rise: Benefits, Challenges, and Credit Considerations
Summary This commentary explores virtual power purchase agreements (Virtual PPAs), which have shown significant growth and offer benefits to both electricity buyers and sellers, but there are some downsides as well. We also highlight the key differences between…
