EU to supercharge offshore wind with 150GW target

The global wind industry posted another record for new commissioned capacity in 2021, as total additions fell just short of 100GW for the second year in a row, according to research by BloombergNEF (BNEF).

Despite challenges, such as contract terminations and economic uncertainty in 2023, there was significant growth in offshore wind capacity and infrastructure development.

The UK initiated an independent review in 2022 to identify ways to fulfil its legal obligation of achieving net zero by 2050 while also promoting substantial economic and social advantages. The review produced Mission Zero, a blueprint that highlights the economic potential of the energy shift and offers suggestions on how to reach the objective.

Empowering the Energy Landscape: Three60 Energy Unites with Pryme Group and Flexlife, a £200 Million Endeavor. 🚀

Read how this strategic acquisition propels innovation and energy solutions forward.

Renewables will account for all or most of the increase in global power generation in the years to 2050, according to BP. The oil major said wind and solar energy will expand rapidly, underpinned by continuing falls in their costs and an increasing ability of power systems to integrate high concentrations of variable sources. The conclusion, contained in its 2022 energy outlook report, said the share of renewables in global primary energy will increase to between 35% and 65% by 2050 from around 10% in 2019 in the three scenarios.

Starting a new job can be both exciting and intimidating. It's the anticipation of acquiring fresh skills, meeting new faces, and making a meaningful mark within your new workplace. In this article, we will share valuable insights on how to not only create a stellar first impression at your new job but also position yourself for success.

Global wind power generation is pegged at 743 GW as of August 2022. In the US alone, there are over 70,800 wind turbines across 44 states.

The Green Tech industry experienced tremendous growth in 2022, with a total investment of $70.1 billion invested in the space, marking an 89% uptick in global investment from the previous year.

The U.S. now has more than 200 gigawatts of total operating utility-scale clean power capacity, and it will soon be adding 120 gigawatts more, according to a new report from the American Clean Power Association.