The Diplomat Bucharest’s Post

New policy brief 🇲🇳 | While Mongolia holds significant wind and solar energy potential, it only generated 9% of its electricity from renewable sources in 2023. As the country aims to bring that up to 30% by 2030, SEI experts Baigalmaa Chinbat and Miquel Muñoz Cabré give an overview of Mongolia's renewable energy capacity and policies, including the progress made and the work yet to be done. #ClimatePolicy #Renewables #Mongolia Read more 👇

Enerland Group to Construct 66 MWp Photovoltaic Park in Guatemala Enerland Group, a Spanish firm, has announced its expansion into Guatemala’s renewable energy market with the inauguration of its headquarters in the country and the commencement of construction on its inaugural photovoltaic park, Magdalena Solar, boasting a capacity of 66 MWp. Expected to be operational by mid-2025, Magdalena Solar is projected to generate approximately 141 GWh of electricity annually. Enerland Group will oversee the comprehensive construction of the project on behalf of German company MPC Energy Solutions, building upon their successful collaboration on the 21.4 MWp Santa Rosa and Villa Sol plant in El Salvador in 2022. Enerland Group’s foray […] Read the full story here: https://lnkd.in/du9FSPiW #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #america #enerlandgroup #guatemala #latinamerica #pvparks #southamerica

Vortex Energy’s $123 Million Investment Spurs Construction of 110 MW Renewable Energy Portfolio, Paving the Way for Green Power Expansion in Poland Vortex Energy, a prominent renewable energy company in Poland, has initiated construction on a portfolio of projects comprising 53 MW of onshore wind and 57 MW of PV solar. The total equity commitment for these projects amounts to approximately $123 million. This significant investment aligns with Vitol’s commitment to deploy $1 billion in renewable energy in Poland over the next five years, following its acquisition of Vortex Energy in January 2023. The construction of these projects, scheduled for completion by 2024/2025, marks a pivotal step towards the development of the Polish renewable energy market and the nation’s goal of achieving […] Read the full story here: https://lnkd.in/dC7B3Qzf #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #europe #poland #pvproject #renewableenergy #vortexenergy

💡 Out now: News Highlights on Renewable Energy from January-April 2024 Did you know that ASEAN is experiencing a significant surge in #renewableenergy capacity, driven primarily by solar and wind projects? The News Highlights on Renewable Energy covers renewables takeaways in January-April 2024, encompassing significant rise in renewables, solar project, sustainable energy, and trends in RE Investment and Trade. 🔗 To find out more: https://lnkd.in/geeWqAyg ✍ ASEAN Centre for Energy (ACE)

Europe signs PPAs for 16.2GW of renewables in 2023, including 10.5GW of solar. Swiss financial analyst Pexapark has released its most recent analysis on the European renewable power purchase agreement (PPA) industry, revealing that European customers signed contracts for a record 16.2 GW of clean power in 2023. About Pexapark: Its worldwide workforce of more than 20 nationalities brings a diverse set of talents, experiences, interests, and experiences to face the problems of renewable energy sales, power purchase agreements, and risk management in the renewable energy market. #solarenergie #SolarEnergy #solar #solarpower #energy #Eu #pexapark #ppa #renewablenergy #electricity #mywaytosolar Read more: https://lnkd.in/dnmnwfwF AdobeStock_477896969

The International Energy Agency forecasts a significant rise in global renewable energy capacity by 2030, potentially meeting nearly half of the world’s electricity needs. The report forecasts the addition of over 5,500 gigawatts (GW) of renewable energy capacity between 2024 and 2030. Solar power is set to drive this surge, accounting for 80% of the new capacity. The increase comes through the construction of large solar plants as well as more rooftop installations. Wind power is also expected to expand. China is likely to account for almost 60% of the world’s new renewable capacity by the end of the decade, with its share of global capacity increasing to nearly half. Sharing our news via #energylivenews . . . #greenenergy #moderndesign #sustainability #ecofriendly #globalpositivenews #news #solarenergy #solarpowered #positivenergy #positivity #fuelbynature

🌍 Since 2000, global renewable energy capacity has surged by 415%, achieving a remarkable CAGR of 7.4%. Despite this impressive growth, the U.S. and Europe lag behind in renewable capacity expansion. 📊 Dive into our latest infographic to see how different regions are driving the renewable energy revolution, based on the latest International Renewable Energy Agency (IRENA) data. https://loom.ly/a3BFa_Y #RenewableEnergy #Sustainability #CleanEnergy #ClimateAction #GlobalTrends

On May 16th, Türkiye and The World Bank signed an agreement for a $1b program aimed at accelerating the expansion of renewable energy in the country. https://lnkd.in/eK2YGyhG #solarenergy #worldbank #Türkiye Solar & Storage Live

🔋 ENGIE's project in Chile combines solar power with battery storage, enhancing energy efficiency 🔋 🌞 The Coya solar plant, with a 181 MW capacity, powers 73,000 homes 🌞 🔌 ENGIE's BESS stores nighttime-generated electricity for morning use, showcasing significant battery park expansion 🔌 🌱 Tamaya's 68 MW battery system, paired with a 114 MW solar plant, significantly reduces CO2 emissions 🌱 💡 ENGIE aims for 10 GW of battery capacity by 2030, advancing the energy transition 💡 🌍 ENGIE supports Chile's net-zero goal, contributing to 70% renewable energy by 2030 🌍 #ENGIE #RenewableEnergy #BatteryStorage #ChileSolar #Decarbonization #EnergyTransition #SustainableEnergy #CleanPower #NetZero #Renewables ENGIE ENGIE Global Energy Management & Sales ENGIE Australia & New Zealand ENGIE - Energy Market Rosaline Corinthien

2023 marked a transformative year for renewable energy, with global capacity additions increasing nearly 50% to almost 510 GW, the fastest growth in two decades. This milestone marks the 22nd consecutive year of record-setting renewable capacity additions. Significant increases were seen in Europe, the US, and Brazil. Notably, solar PV accounted for three-quarters of the new capacity. China added as much solar PV capacity in 2023 as the world did in 2022 and achieved a 66% year-on-year increase in wind capacity. Source: International Energy Agency (IEA) Register to visit and join energy leaders and industry professionals in discussing key trends and challenges to deliver secure, sustainable, and affordable energy: bit.ly/4bekuO1 #WorldUtilitiesCongress #Power #Utilities #Energy #Renewable #Water #Sustainability