Renewables to account for over half of Brazil’s annual power generation in 2035, forecasts GlobalData
Brazil generates power from a diverse range of sources that include thermal sources (gas, oil, and coal), hydropower, nuclear, and renewable. Hydropower accounts for the majority of the country’s annual power generation. However, overdependence on hydropower has made the country vulnerable to droughts. To overcome the challenge, the country is rapidly developing its renewable power capacity. In 2024, renewable power accounted for 36.7% of the country’s annual power generation and is expected to...
From Soil to Sea: Credit Risk Dynamics in Wind Energy Projects
Note: Illustration not to scale. Source: Energy Central. Summary While onshore wind power projects are generally cheaper to build, offshore wind projects offer a criterial advantage: the ability to deploy much larger turbines at scale, generating significantly more energy. This is especially valuable for densely populated European countries with extensive coastlines, as it facilities their renewable energy transition plans. While onshore and offshore wind power projects rely on similar tec...
Egypt’s renewable power capacity to reach 31.6GW in 2035, forecasts GlobalData
Egypt is endeavoring to augment the proportion of renewable energy within its electricity mix to 42% by the year 2035. The nation is actively expanding its capacity through the implementation of large-scale solar and wind energy initiatives. Against this backdrop, renewable power capacity in the country is expected to reach 31.6GW in 2035, registering a compound annual growth rate (CAGR) of 20.4% during 2024-35, according to GlobalData, a leading data and analytics company. GlobalData’s lates...
Global renewable power installed capacity to surge to 11.2TW by 2035, forecasts GlobalData
The power sector is experiencing a notable growth in renewable energy sources, propelled by an array of factors such as technological progress, policy incentives, and a heightened awareness of the imperative for sustainable energy solutions. Consequently, renewable resources, particularly solar photovoltaic (PV) and wind energy, are gaining a larger share in the energy portfolio. Driven primarily by declining costs and strong policy support, particularly for solar PV and wind energy, the global...
Laos’ large hydropower capacity to reach 16GW in 2035, forecasts GlobalData
Laos’ Ministry of Energy and Mines (MEM) has set a goal to reach hydropower capacity of 12GW by 2025 and 20GW by 2030, with the objective of facilitating regional exports. The nation is poised to export renewable electricity to Thailand, Cambodia, and Vietnam, and to a lesser extent, to Myanmar and Malaysia. Against this backdrop, large hydropower capacity in the country is expected to reach 16GW in 2035, registering a compound annual growth rate (CAGR) of 4.8% during 2024-35, according to Globa...
NY-BEST Announces Energy Storage Partnerships Award Winners
Three Initiatives Honored for Advancing Energy Storage Community Partnerships and Inclusive Workforce Initiatives Albany, NY – The New York Battery and Energy Storage Technology Consortium (NY-BEST) is proud to announce the recipients of its inaugural Energy Storage Partnerships Awards at their annual Capture the Energy conference, recognizing outstanding efforts to develop energy storage projects that align with community priorities and promote inclusive workforce development. More info...
Tariff-related disruptions to outweigh other oil and gas themes, says GlobalData
US tariffs and energy security are expected to remain the focal points for oil and gas trade in 2025. Tariff-induced trade tensions might exert downward pressure on the US and global economy in the near term, potentially affecting the energy demand. It is therefore important for the industry to assess the impact of macroeconomic themes of tariffs, along with geopolitics, and supply chain while charting out its growth plans, says GlobalData, a leading data and analytics company. GlobalData’s t...
Yanmar America Advances Sustainability Efforts with Solar Panel Installation
Adairsville, GA – Yanmar America has taken a major step toward its sustainability goals with the installation of 914 high-efficiency solar panels at its headquarters in Adairsville, Georgia. As of March 25, the solar array is fully operational, following successful testing by Georgia Power. This solar array will reduce the facility’s reliance on non-renewable power sources and lower the company’s carbon footprint in line with the Yanmar Green Challenge 2050 goals. “This solar investment is ou...
Stockholm Exergi extends landmark carbon removal agreement with Microsoft
Stockholm Exergi today announced that it has signed a contract with Microsoft extending the already existing ten-year agreement of 3.33 million tonnes to 5.08 million tonnes of permanent carbon removals from Bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. At 500,000 tonnes annually, the extended contract represents the world’s largest agreement for permanent removals on a yearly basis. - The extension of our existing agreement with Microsoft is a huge vote of confide...
Virtual Power Purchase Agreements on the Rise: Benefits, Challenges, and Credit Considerations
Summary This commentary explores virtual power purchase agreements (Virtual PPAs), which have shown significant growth and offer benefits to both electricity buyers and sellers, but there are some downsides as well. We also highlight the key differences between Virtual PPAs and physical delivery PPAs (Physical PPAs). Key Highlights -- The Virtual PPA is a flexible tool for both project developers and corporate buyers in the renewable energy sector, capturing about 60% of the global PPA...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
Santa Barbara County North Branch Jail Expansion
February Issue 2026
