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Record Growth in Renewables, but Progress Needs to be Equitable

Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Renewables accounted for…

CONTINUED DROP IN EU IMPORTS OF ENERGY PRODUCTS

In the fourth quarter of 2023, the EU imported 111.3 billion euros worth of energy products amounting to a total of 187.9 million tonnes. Compared with the same quarter of 2022, imports decreased both in value (-34.2 percent) and in…

Launching the Wind Energy Initiative

The annual onshore and offshore wind event organized by WindEurope brought together over 10,000 participants and features dozens of conference sessions, hundreds of speakers and over 500 exhibitors from the field. Held in the Spanish city of Bilbao, the event…

NEW SIGNIFICANT INVESTMENTS IN GREEN HYDROGEN

In order to develop green hydrogen and renewable technology, Egypt has signed seven Memoranda of Understanding with international developers regulating this field. In this way, Egypt has opened the door for investment worth 40 billion dollars, according to the World…

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