Tag: renewable energy

Energy, Oil & Gas

Global renewable energy investments hit $807bn in 2024

Global investments in the energy transition reached a new record of $2.4 trillion in 2024, up 20% from the average annual levels of 2022/23. About one-third was directed towards renewable energy technologies, pushing the key sector's investment to $807 billion, said a report....

Energy, Oil & Gas

UNEZA boosts clean energy grid investment target to $148bn

The Utilities for Net Zero Alliance (UNEZA) announced at COP30 the expansion of its annual investment target for renewable energy transmission and storage systems from $117 billion to $148 billion. The coalition of 73 members now foresees a project pipeline worth $1 trillion by 2030....

Energy, Oil & Gas

Terra-Gen commissions Monte Cristo I Windpower project

Terra-Gen, one of the largest independent, integrated renewable energy producers in the US, jointly owned by Masdar and Igneo Infrastructure Partners, announced the commissioning of the Monte Cristo I Windpower Project....

Energy, Oil & Gas

RIQ, Masdar join forces to boost risk transfer for clean energy projects

RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of IHC, has signed an agreement with Abu Dhabi-based Masdar to design tailored capital efficient reinsurance solutions for renewable energy infrastructure....

Energy, Oil & Gas

US tariffs will hinder renewable energy in Americas: report

The Trump administration's reciprocal tariffs aim to strengthen domestic manufacturing but disrupt clean energy supply chains. This evolving tariff landscape significantly complicates the renewable energy transition across the Americas, according to GlobalData, a prominent data and analytics firm....

Energy, Oil & Gas

China's newly installed renewable energy capacity up 47.7pc

China's newly installed renewable energy power generation capacity surged 47.7 per cent year-on-year to 310 million kilowatts in the first three quarters of this year, the National Energy Administration (NEA) said....