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Renewables

Graphic of South African flag and country outline with wind turbines and solar panels

12/10/2022 News

New renewables venture to launch 600 MW of wind and solar projects in South Africa

Anglo American and EDF Renewables have formed a new joint venture, Envusa Energy, that aims to develop a ‘regional renewable energy ecosystem (RREE) in South Africa, beginning with the launch of 600 MW of wind and solar projects.

Solar

Three engineers in between rows of solar panels at Danish Fields solar farm

9/10/2024 News

US solar development focuses on Texas

TotalEnergies has launched two utility-scale solar farms in Texas, featuring a combined capacity of 1.2 GW, whilst Octopus Energy is boosting its US solar investments, targeting solar projects across Texas and the East Coast. Meanwhile, in New York, construction of a microgrid at JFK’s New Terminal One will include the city’s largest rooftop solar array.

Finance and investment

Artist's graphic of wind turbines at sunset with financial graphs

16/10/2024 News

Pension investors list reforms needed to invest in UK renewables

Australian infrastructure investment firm IFM Investors, together with UK and Australian pension funds worth £1.7tn in assets under management, have unveiled a blueprint to facilitate investment in clean power.

Batteries

Aerial view over Hornsdale Power Reserve showing rows of battery units in foreground and wind tubines in distance

3/8/2022 News

First big battery to deliver grid-scale inertia services

Neoen’s Hornsdale Power Reserve (HPR) battery storage facility in South Australia has secured approval from the Australian Energy Market Operator (AEMO) to deliver inertia services to Australia’s national electricity market. It is reportedly the first big battery in the world to deliver grid-scale inertia* services and represents a key step towards managing a grid with 100% renewables and no coal plants or gas generators in operation.

Energy policy

US Energy Security Chris Wright during the conference

19/3/2025 News

US Energy Secretary vows to reverse Biden-era climate policies

US Energy Secretary Chris Wright has launched an attack on renewables and current US climate policies and reaffirmed the Trump administration’s support for oil and natural gas exploration, in what he claimed will be ‘America’s common-sense pivot in energy’.

Wind

Offshore wind turbine from above

2/9/2025 News

US order halts Ørsted’s Revolution Wind project – 80% complete

In late August, the US Department of Interior’s Bureau of Ocean Management (BOEM) ordered Revolution Wind to halt all construction activities. However, Equinor has since reacted to the move by stepping in with financial support for the developer.

Green hydrogen

Graphic of a green coloured hydrogen molecule floating against a green background

23/11/2022 News

G7 must ramp-up green hydrogen market

G7 members can be the front runners in low carbon and green hydrogen deployment, with their hydrogen consumption predicted to grow between four and seven times by 2050, a new report by the International Renewable Energy Agency (IRENA) has found.

Renewables

Wind turbines in a field in Vietnam at sunset

29/3/2023 News

Record growth in renewables last year, despite energy crisis

Clean energy continues to grow at record levels despite global uncertainties, with 83% of all power capacity added last year produced by renewables, according to a new report from the International Renewable Energy Agency (IRENA).

Electricity

Aerial view over a wind farm built among square agricultural fields on flat land, with the blades of one prominent in the foregroun, and other turbines in the distance behind, set against a blue sky

30/7/2025 News

Onshore wind beats solar PV as the lowest-cost renewable energy source in 2024

In 2024, onshore wind was the most affordable source of new renewable electricity in terms of levelised cost of ownership at $0.034/kWh, followed by solar PV at $0.043/kWh, according to IRENA’s new report on renewable power generation costs in 2024. The most expensive source of new renewable energy was concentrated solar power at $0.092/kWh, which compared favourably to battery storage at $0.104/kWh.

Wave power

Inertial sea wave energy converter at sea

15/3/2023 News

World’s first inertial sea wave energy converter

Eni has installed what it claims is the world’s first inertial sea wave energy converter (ISWEC) device to be connected to the electricity grid of an island.

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