Renewable Energy

Report: Zero-carbon sources accounted for almost half of global electricity in 2023

Report: Zero-carbon sources accounted for almost half of global electricity in 2023

The global clean energy investment accounted for $313bn in the first half of 2024. This is according to recent findings derived from BloombergNEF’s reports ‘Power Transition Trends 2024’ and the ‘2H 2024 Renewable Energy Investment Tracker, analysing the power capacity and generation data from 140 markets across the world. […] Click here to view original

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The US Grid Is Adding Batteries at a Much Faster Rate Than Natural Gas

The US Grid Is Adding Batteries at a Much Faster Rate Than Natural Gas

Photo-Illustration: Wired Staff; Getty While solar power is growing at an extremely rapid clip, in absolute terms, the use of natural gas for electricity production has continued to outpace renewables. But that looks set to change in 2024, as the US Energy Information Agency (EIA) has run the numbers […] Click here to view original

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Warren Buffett's Quiet Power Move: Why He's Betting $35 Billion On A 'Yet To Be Proven' Renewable Energy Solution

Warren Buffett’s Quiet Power Move: Why He’s Betting $35 Billion On A ‘Yet To Be Proven’ Renewable Energy Solution

Warren Buffett’s Quiet Power Move: Why He’s Betting $35 Billion On A ‘Yet To Be Proven’ Renewable Energy Solution Warren Buffett is at it again, and the financial world is buzzing. He’s investing $35 billion into a renewable energy initiative that’s still “yet to be proven.” What’s surprising is […] Click here to view original

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Norway’s Wealth Fund Marks €900 Million for CIP Renewables Fund

Norway’s Wealth Fund Marks €900 Million for CIP Renewables Fund

Photographer: Carla Gottgens/Bloomberg Norway’s $1.7 trillion sovereign wealth fund committed to invest €900 million ($1 billion) in Copenhagen Infrastructure Partners’ fifth flagship fund, the first time it will take an indirect stake for its unlisted renewable energy infrastructure portfolio. The deal will allow Norges Bank Investment Management — which […] Click here to view original

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‘Dangerous Precedent’ Rattles Chile’s Renewable Energy Market

‘Dangerous Precedent’ Rattles Chile’s Renewable Energy Market

Boric seeks price-system change to fund subsidy for the poor Small generators say debt payments, future investments at risk Chile’s government is moving to temporarily lower the compensation that small-scale solar power producers get from a fixed-price mechanism. A legislative change is threatening to unravel one of the world’s […] Click here to view original

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