Global renewable capacity hits 4 448 GW in 2024 says IRENA
Global renewable capacity surged to 4,448 GW in 2024, with solar and wind leading 96.6% of additions, says IRENA....
Tag : wind power
OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund has committed $30M to co-finance Africa’s largest onshore wind power project in Egypt’s Gulf of Suez, expected to power 1M homes and...
Germany shifts from electricity exporter to importer in 2024
In 2024, Germany shifted from a net electricity exporter to importer, driven by rising demand, fossil fuel reductions, and nuclear phase-out, highlighting energy transition challenges....
Shares of Siemens Energy nosedive 35 percent post government aid request
In a dramatic market response, Siemens Energy saw its shares plummet by 35% on Thursday, subsequent to its appeal to the German government for financial...