Europe connected 30 MW (10 turbines) to the grid in the first half of 2022 in Italy. Construction of foundations and turbines activity took place at 7 wind farms in Europe. Two projects reached financial investment decision (FID) in the first half of 2022 which will finance two floating demonstrators in France for a total […]
Secure, resilient and sustainable energy technology supply chains are central to successful clean energy transitions. The race to net zero emissions will redefine global energy security and shift the focus from the supply of fossil fuels to the supply of the minerals, materials and manufacturing capacity needed to deliver clean energy technologies. This report, Securing Clean […]
China holds a critical and outsized role in helping the global community achieve the targets of the Paris Agreement and preserving the planet’s biosphere. At the same time, China’s available financing mechanisms and its financial system remain somewhat distinct. A nuanced understanding of prioritized net-zero technologies and potential pathways to financing these technologies in Greater […]
The first half of 2022 has been eventful for global power markets. The fallout from the Russia-Ukraine war has exacerbated supply issues and driven up prices, which are unlikely to come down in the short term. This has impacted the outlook in all regions, albeit in different ways.
osts for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fell by 15%, offshore wind by 13% and solar PV by 13% compared to 2020.