- Press Releases
The global offshore wind capacity surpassed 23 GW at the end of 2018, but only 30 MW of that was in the US. A number of projects are in progress there and news of new solicitations keep coming.
Renewables installations were once driven by subsidies. Then came tenders. Now, we are witnessing a surge in corporate power purchase agreement announcements in different markets, supporting gigawatts of new capacity or adding several years to the life of existing assets.
According to IRENA, there are already plans for at least 25 GW of electrolyser capacity for green hydrogen by 2026, globally. At least 20 countries have now announced hydrogen strategies.
The energy transition is leading to the rethinking of business models, corporate structures and, sometimes, even a complete change of focus for energy majors in different geographies. We have seen huge asset swap deals, sector consolidation, and a growing appetite for M&A in general.
Major investments in renewable energy capacity are happening both in emerging and established markets. Important news for some of the biggest projects globally are gathered in the Big Projects section. Don't miss a thing!