Europe & UK

European Investment Bankand Development Bank of SouthernAfricalaunch EUR 400 million South Africa renewable energy investment initiative

Europe & UK

Renewable Energy Had A Banner Year In 2022 – EQ Mag

January 9, 2023 Anand Gupta

While the world’s renewable energy capacity may not be growing fast enough to hit certain 2050 goals, 2022 was still a record-breaking year for renewable energy growth. Renewables made up 46 percent of Germany’s power consumption, the UK set its record for wind production, and China’s solar power for electricity generation increased by 30 percent. […]

Mirova and RIVE Private Investment sell a portfolio of six wind farms in France to BKW

Europe & UK

Wind generated a record amount of electricity in 2022 – EQ Mag

January 7, 2023 Anand Gupta

Great Britain produced a record amount of wind-powered electricity in 2022, according to the National Grid. More electricity came from renewable and nuclear power sources than from fossil fuels gas and coal, the second highest after 2020. Replacing fossil fuels with green power is a core way for the world to tackle the impacts of […]

Europe & UK

Germany Attains New Record of 32.5% in Perovskite-Silicon Solar Conversion – EQ Mag

January 6, 2023 Anand Gupta

Perovskite and silicon solar have always been powerful partners, and German scientists have recently attained a new record of 32% in conversion efficiency of tandem perovskite and silicon solar cells. Common solar cells are made of silicon, and are most economical pertaining to efficiency, durability, and cost amortization. However, silicon solar cells have reached the […]

Europe & UK

Equinor and RWE to build hydrogen supply chain for German power plants – EQ Mag

January 6, 2023 Anand Gupta

OSLO : Equinor and RWE said on Thursday they plan to develop a supply chain for low-carbon hydrogen, allowing Germany to cut its reliance on coal power and thus its CO2 emissions. The two companies plan to build power plants in Germany that will initially be fuelled by natural gas, and later with hydrogen made […]

CIP Partners with Cbus in the Australian offshore wind project, Star of the South

Europe & UK

UK sets new record for wind power generation – EQ Mag

January 5, 2023 Anand Gupta

New record of 87.2% also set for share of electricity on grid coming from renewables and nuclear Britain has set a new record for wind generation as power from onshore and offshore turbines helped boost clean energy supplies late last year. National Grid’s electricity system operator (ESO), which handles Great Britain’s grid, said that a […]

The issues of EV charging and infrastructure

Europe & UK

EVs make up 80% of new car sales in Norway – EQ Mag

January 4, 2023 Anand Gupta

138,265 new electric cars were sold in the Scandinavian country last year Electric vehicles accounted for almost four out of every five new car registrations in Norway last year, setting a new record, according to figures released Monday. Led by US carmaker Tesla, which topped the list with a 12.2 percent market share, 138,265 new […]

Fresh coal crisis looms in India as top miner adds new curbs

Europe & UK

Coal Demand To Remain Robust In 2023 – EQ Mag

January 3, 2023 Anand Gupta

Despite bold climate pledges from a plethora of major world powers, it seems that many are unable to break their addiction to coal, as consumption is set to hit an all-time high (once again). Several countries have launched climate strategies that include the phasing out of coal production and use over the coming decades, however […]

Indore 40 increase in rooftop solar systems in Malwa-Nimar in one year

Europe & UK

Europe Arrives at All-Time High in Energy Storage Systems among Residences by Exceeding a Million Units in 2022 – EQ Mag

January 3, 2023 Anand Gupta

According to the latest data of SolarPower Europe, Europe had installed 650K units of residential battery energy storage systems in 2021, and has now exceeded a million units in 2022. Europe’s total residential battery installations had risen from about 3GWh in 2020 to more than 5GWh in 2021, before exceeding 9GWh this year, with the […]

Europe & UK

Britain opens nuclear fund as it aims to cut dependency on Russian supplies – EQ Mag

January 2, 2023 Anand Gupta

Britain officially opened its multimillion-dollar nuclear fuel fund to bidders on Monday, as it seeks to bolster domestic uranium and related supplies while reducing its dependency on Russia amid its war in Ukraine. The $90 million fund was first announced in July and came after leaders of the Group of Seven nations a month earlier […]

Europe & UK

Hopes for power and purpose from an energy industry in flux – EQ Mag

January 2, 2023 Anand Gupta

As war drives up fossil fuel prices and profits, new technologies show a way forward for the generators in 2023 A tall white rig punctures the Cornish skyline, offering a hint of a new industrial era at a site near Redruth, once a copper mining capital. This year, the first power produced by a geothermal […]