World

Investors and developers raised more than $34.3 billion in 160 deals last year, according to a new report by Mercom Capital.

Alternatives to lithium-ion batteries will likely emerge in the years to come, according to a new report by IDTechEx.

A new study by ManpowerGroup and Cepsa suggests that green hydrogen and biofuels could create more than 1.7 million new green jobs in Europe by 2040, while Airbus, Vattenfall and other partners have agreed to assess the feasibility of hydrogen infrastructure at airports in Sweden and Norway.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that, last year, large regions were 10% or more above long term trends for solar radiation, including Western and Northern Europe, Eurasia, much of China, Southern Australia, the Midwestern and Southern US, Central and most of South America.

Solar tracking and software specialist Nextracker has adjusted its earnings guidance for 2024, following the announcement of strong results for the three months to the end of December 2023.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Baker Hughes has revealed plans for hydrogen projects in Europe and North America, on top of new announcements from Masdar, Air Liquide and TotalEnergies.

While the world noted the Dubai aim of tripling renewables generation capacity by 2030, the controversial summit also saw 25 nations commit to an unofficial pledge to triple nuclear capacity by 2050.

Corre Energy, a Dutch long-duration energy storage specialist, has partnered with utility Eneco to deliver its first compressed air energy storage (CAES) project in Germany. Eneco will acquire 50% of the project.

Scientists in Switzerland used project-level data from BloombergNEF to analyze completion times of renewable energy projects across 48 countries. They have found that average commissioning times have increased over the past two decades for all clean energy technologies.