New European solar installations are expected to double over the next three years, according to analysis from Wood Mackenzie Power & Renewables, and will push installed capacity over the 250 gigawatt (GW) mark by 2024.
Car use will still need to be curbed even when all vehicles are powered by clean electricity, a report has said. It warns that electrifying cars will not address traffic jams, urban sprawl and wasted space for parking.
The cost of renewable energy fell to record lows last year, according to a new report by the International Renewable Energy Agency (IRENA). Cost reductions, particularly for solar and wind, are set to continue into the next decade.
Swiss-based MET Energy plans to expand rapidly in Europe over the next three years via acquisitions worth at least 1 billion euros ($1.10 billion) once a deal with Singapore conglomerate Keppel Corporation ( KPLM.SI...