The Department of Energy in the Philippines has established an ambitious objective of attaining 35% renewable energy generation by 2030. Furthermore, the country is on a path to install 15GW of clean energy by the same year. It has also set a target of achieving…
Renewables to account for over half of Brazil’s annual power generation in 2035, forecasts GlobalData
Brazil generates power from a diverse range of sources that include thermal sources (gas, oil, and coal), hydropower, nuclear, and renewable. 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 its capacity through the implementation of large-scale solar and wind energy initiatives. Against this backdrop,…
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,…
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…
Credit Implications of the Bureau of Ocean Energy Management’s Order to Halt Construction on Empire Wind 1
On April 16, 2025, the U.S. Bureau of Ocean Energy Management notified Empire Wind 1 (the Project; an offshore wind project expected to have 810 megawatts of capacity upon entering commercial operation) to halt construction with the objective of reviewing…
Major step for geothermal energy in Asia – Baseload Capital and Google forge corporate PPA
Long-term partnership to supply Google’s operations in Taiwan with clean, firm geothermal energy–setting a new standard for the tech industry. Global geothermal developer Baseload Capital and Google today announced the signing of the first corporate power…
Fremont Township Awarded $600,000 for Renewable Energy Investment
Fremont Township in Saginaw County wins funding through Renewables Ready Communities Award by developing Eagle Creek Solar Project in partnership with EDP Renewables North America. Fremont Township, Saginaw County, Michigan, April 15, 2025 - EDP…
