The European Commission is targeting 90% renewable electricity by 2040 in the EU and sees energy storage as one of several key areas of investment to get there, according to a leaked draft.

The European Commission has targeted a 90% share of EU electricity from renewables by 2040 – mostly solar and wind – and complemented by nuclear energy, according to a leaked draft first obtained by French media Contexte.

Under these conditions, the European Union will require “substantial” investments in expanding its power grid, while upgrading to smarter and more flexible grids.

Storage a ‘Key Element’ for New 2040 Renewable Energy Targets | Devamı>>>

German wind turbine maker Nordex (NDXG.DE) reported a 21% fall in 2022 first half sales on Sunday, citing lower demand for installations, and stuck to a forecast of a drop for the year as a whole.

Nordex said the war in Ukraine, the COVID-19 pandemic and ensuing energy and logistics disruptions had led to negative first-half earnings before interest, taxation, depreciation and amortisation (EBITDA) of 173.3 million euros, after a positive 68.4 million euro result in the same year-ago period.

Wind Turbine Maker Nordex Sticks to 2022 Sales Drop Forecast | Devamı>>>

Fossil fuels have surpassed renewables to become the European Union’s largest source of power generation as use of natural gas reached its highest point in a decade, the bloc’s statistics office said on Thursday.

While Eurostat says renewables topped the list in the first year of the coronavirus pandemic, the economic recovery saw the region’s electricity supply increase by 4% in 2021, with coal, oil and gas.

Fossil Fuels Surpass Renewables as EU’s Top Power Source | Devamı>>>

Turkey ranked 5th in Europe and 12th in the world in terms of renewable energy based installed power. While the effect of wind energy on the total renewable energy installed power, which has increased by 428% in approximately 20 years, is quite large, 4 strategic steps are shared with you, our esteemed readers, in order to increase the energy obtained from wind energy even more in the future.

In the field of renewable energy, Turkey increased its installed power by 428% and reached 52,668 MW.

‘Turkey’ is 5th in Europe and 12th in the World in Renewable Energy! | Devamı>>>

By 2030, the global economy will create more green jobs than the number lost during the pandemic if investments in renewable energy are increased in line with sustainability targets set under the Paris Agreements, the International Renewable Energy Agency (IRENA) has said.

In its new Renewable Energy and Jobs Annual review 2021, complied in partnership with the International Labour Organisation, IRENA predicts that some 25 million new green jobs will be created by 2030, surpassing the 7 million lost due to the pandemic.

More Jobs will be Created by the Green Energy Transition Than Lost! | Devamı>>>

With countries racing to end their reliance on the fossil fuels that cause climate change, it’s a boom time for renewable energy. Now, an international team of researchers has determined that if every available rooftop was equipped with solar panels, they could generate enough electricity to power the world.

In addition, rooftop solar has the advantage of both reducing local air pollution—where it replaces conventional fossil fuel-based energy generation—and reducing transmission network loads by decentralizing electricity supply.

Could Rooftop Solar Really Provide Enough Electricity For The Entire World? | Devamı>>>

Customer-sited solar is a significant opportunity, which will materialize in the coming decades and bring change to energy markets and power network operations. There has been significant debate about how best to structure incentives and regulations around customer-sited solar – and more recently solar-plus-storage – and the considerations are complex. Policy makers must aim to stimulate development that realizes the benefits of these technologies, while avoiding the potential adverse effects of large-scale uncoordinated development.

There have been limited studies at a global level to examine the impact of different policies on the economics, and therefore the uptake, of customer-sited solar (at first without, and later with storage).

Realizing the Potential of Customer Sited Solar | Devamı>>>

A gap in global hydropower capacity could put the global fight against global warming at risk.

That’s one of the findings of a new report by the International Hydropower Association (IHA), which estimates there is a gap of more than 300 GW needed to limit global warming.

Both the International Energy Agency and the International Renewable Energy Agency have previously said that around 850 GW of new hydropower capacity will be required by 2050 to keep temperatures below 2°C.

Mind the Hydropower Gap! | Devamı>>>

BP’s joint solar venture, Lightsource BP, will more than double its global expansion by 2025 after clinching a financing deal worth $1.8bn (£1.3bn) to develop enough solar farms to power the equivalent of 8.4m homes.

The fast-growing operation had initially set a target to develop arrays of panels with a total capacity of 10 gigawatts by 2023, enough for almost 3.4m homes, but the fresh funds will be used to turbocharge its ambition to 25GW by 2025.

More than 2X Growth with BP Joint Solar Venture Lightsource BP! | Devamı>>>

Following recent news that Amazon AMZN +0.6% had become the world’s largest purchaser of renewable electricity, growing focus on the need for sustainable operations continues to drive the market in corporate power purchase agreements (PPAs). In 2020 corporations bought nearly 24GW of clean energy.

Research published by BloombergNEF (BNEF) showed that corporations purchased a record of 23.7GW of clean energy in 2020, up from 20.1GW in 2019 and 13.6GW in 2018.

Corporate Electricity Purchases Will Drive Clean Energy Growth | Devamı>>>

Around the world, cities, states, countries, and companies are making the switch to clean, renewable energy to help stop climate change. Better yet? It just makes good economic sense.

Here are five eye-opening TED Talks that show how renewables are taking over every corner of the world — from Bhutan to Costa Rica, back to Germany, and more.

This Country Isn’t Just Carbon Neutral — It’s Carbon Negative | Tshering Tobgay

Deep in the Himalayas, on the border between China and India, lies the Kingdom of Bhutan, which has pledged to remain carbon neutral for all time.

5 of The Best TED Talks About Renewable Energy | Devamı>>>