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World falling behind on renewable targets, must ramp up capacity growth: IRENA
- IRENA's latest report shows renewable energy is on track to overtake fossil fuels in global installed power capacity
11.07.2024
Renewable
International investors are paying close attention to Türkiye's renewable energy sector
- Country's established renewables sector has potential to attract further investment, says official at UN Trade and Development
11.06.2024
Renewable
Türkiye ranks among top 11 countries in world in renewable energy capacity
-Türkiye also ranks fifth largest in Europe in renewable energy installations, says Turkish energy minister
SENTRUM project to focus on sustainable transformation of Turkish historical town of Birgi
Birgi to be second site for country's 'green destination' for tourism based on energy efficiency, renewable energy and other sustainable practices
22.05.2024
Renewable
World Bank and Türkiye sign $1 billion renewable financing deal
- Results-based financing program—first of its kind in Türkiye—will disburse World Bank funds as pre-agreed results are reached
Traditional energy security policies could change due to increasing renewables use
- Process of transitioning away from fossil fuel-based system set to change dynamics of energy trade
Global renewable energy capacity up 52% in 5 years
- Biggest increase in renewable capacity is seen in solar power plants at 138.5%
02.04.2024
Renewable
TotalEnergies surpasses 1.5 gigawatts of renewable power purchase agreements
- Company's 1.1 gigawatts (GW) of installed solar power is already in operation, producing 1.5 terawatt-hours (TWh) of electricity a year
18.03.2024
Renewable
$41bn to be invested in green hydrogen and renewable energy in Egypt over 10 years
- First phase of investment of $12 billion will be made in Suez Canal Economic Zone, followed by $29 billion
29.02.2024
Hydro
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Borealis, Axpo sign 2 new long-term deals for renewable energy
10-year deals in Sweden and Belgium follow three earlier long-term agreements with Swiss utility Axpo
15.02.2024
Renewable
Rystad predicts growth in Europe’s solar power generation in 2024
Rystad Energy forecasts continued strong renewable additions in 2024, with solar leading growth for first time in capacity and generation
Türkiye's energy cooperation with UAE to open doors to new technologies
- $27-billion deal signed in August between Türkiye and United Arab Emirates also contributes to goal of achieving carbon neutrality by 2053
Türkiye's energy cooperation with UAE to open doors to new technologies
- $27-billion deal signed in August between Türkiye and United Arab Emirates also contributes to goal of achieving carbon neutrality by 2053
Renewables total 99.5% of electricity capacity growth in 2023: Turkish Energy Ministry
- Country aims to increase share of renewables in installed capacity to 65% in 2035 from 56% in 2023
23.01.2024
Renewable
Libya eyes new energy sector era with renewed goals, deals
- To evaluate investment opportunities in Libya, country is organizing Libya Energy and Economy Summit to run between Jan. 13 and 14 in capital city Tripoli
13.01.2024
Oil
World Bank to pledge $750M for electricity transmission project in Türkiye
- World Bank country director for Türkiye describes country's renewable energy plan as 'one of the biggest programs that we have had for renewable installation in the developing world'
UK raises maximum auction bid prices for renewables projects
- UK targets up to 50 gigawatts of offshore wind by 2030
GE Vernova and Alfanar to develop renewable projects in Spain
- Spain aims for 81% renewable energy capacity by 2030 and carbon neutrality by 2050
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Türkiye is part of Europe in continent's aim to boost wind energy
- Best option for Europe and Türkiye is 'made in Europe', 'made in Türkiye', head of WindEurope says
Türkiye receives $280 billion worth of applications for solar, wind storage projects
- Approximately $35 billion of investments will be designated for renewable energy field, Energy Market Regulatory Authority says
Türkiye aims to build 60 gigawatts of renewables capacity by 2035
-Turkish energy minister says approximately 55% of installed capacity is generated from renewables
Renewables and hydrogen highlighted for Türkiye-Japan cooperation: Japan's ambassador
- Bilateral relations can also be improved in mining sector, Takahiko Katsumata, ambassador of Japan says
EU solar and wind power growth replaces 54% of Russian gas imports
- EU substituted over half of 33 terawatt-hours of natural gas imported from Russia last month with electricity generated from wind and solar
Renewables could become largest electricity source by 2024, surpassing coal
- Share of renewables in global electricity generation stands at 22% in 2014 and is now forecast to reach over 33% in 2024, showing 50% growth during this period
TotalEnergies, bp win $14B bid to develop offshore wind farms in Germany
- TotalEnergies and bp will build project with 3,000 megawatts and 4,000 megawatts of offshore wind power capacity, respectively in North Sea and Baltic Sea
Wind and solar power generation in EU overtakes fossil fuels in May
- Record figures are driven by solar growth, strong wind performance and low electricity demand
Spain's renewable generation to top 50% in 2023, surpassing neighbors
- Country to beat France, Germany, Italy and UK in renewable power generation race