Austria to reach 11TWh solar power generation target well before 2030, forecasts GlobalData
Austria’s solar PV market has recently seen a rapid expansion in capacity. In 2023, the country added about 2.5GW of new solar PV capacity, bringing the cumulative total to approximately 6.2GW. By the end of 2025, that total had grown further to nearly 9.9GW of installed capacity. This places Austria well ahead of linear build‐paths needed to hit the 11TWh target comfortably before 2030, according to GlobalData, a leading intelligence and productivity platform. GlobalData’s latest report, “Austr...
Malaysia to surpass 2040 renewable energy target by 2031, forecasts GlobalData
Malaysia is poised to exceed its National Energy Policy’s (NEP) 2040 renewable energy capacity target of 18.43GW by 2031, driven by aggressive large-scale solar tenders, strong policy framework, accessible financing, and rapidly improving grid integration and storage capacity that reduce lead-time risks, according to GlobalData, a leading intelligence and productivity platform. GlobalData’s latest report, “Malaysia Power Market Trends and Analysis by Capacity, Generation, Transmission, Distribu...
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Water and energy will decide whether Europe can scale AI, says new Grundfos report
Data centre electricity demand could nearly triple by 2030, but the report says EU’s overlooked water challenge is the key to scaling AI while protecting grids, communities and climate goals. BRUSSELS, Belgium – May 27, 2026 – EU’s ambition to lead in artificial intelligence and cloud computing may be less affected by a shortage of chips than by water and energy constraints, according to a new policy paper released today by Grundfos – one of the world’s leading companies in energy-efficient wate...
Freen-9 Targets America's Growing Demand for Energy Independence
Farms, rural businesses and commercial facilities across the country are looking for smarter ways to power themselves – and hybrid renewable energy systems combining wind, solar and battery storage are stepping up to meet that demand. European renewable energy manufacturer Freen believes its Freen-9 vertical-axis wind turbine is built for exactly this moment in the American market. "Energy independence isn't just a talking point anymore – it's something real operators are actively building towar...
City of Stockholm becomes the world’s fifth largest buyer of permanent carbon removals
The City of Stockholm has signed an agreement to purchase permanent carbon removals from Stockholm Exergi equivalent to 50,000 tonnes per year for fifteen years. The agreement is signed through the group company Stockholm Stadshus AB. The deal makes the City of Stockholm the world’s fifth largest buyer of permanent carbon removals. In its Environmental Programme and Climate Action Plan, the City of Stockholm has established the goal of becoming climate positive by 2030 and fossil fuel-free by 20...
Oil and gas companies pursue renewable energy ambitions, but investments to remain cautious, says GlobalData
Global power generation is experiencing a significant shift toward renewable sources, leading to a gradual decline in reliance on fossil fuels. Over the past decade, global power generation has increased by roughly 30%, and during that period, renewable energy has nearly doubled. Renewables are expected to account for more than 40% of the global power generation by 2030, marking a pivotal achievement in global climate change efforts. However, oil and gas companies are expected to remain cautious...
InterContinental Energy’s P2(H2)Node™ integrates AI data centre capability to deliver low cost, ultra-reliable green compute for Asia
Perth-based InterContinental Energy (ICE) today announced the evolution of its P2(H2)Node™ architecture to deliver integrated AI data centre capability, enabling 100% renewable power, 99.995% uptime, and all-in power costs below US$48/MWh at the data centre. The P2(H2)Node architecture has established global leadership through its patented approach to developing multi-gigawatt green hydrogen projects for aviation fuel, marine fuel, green iron, green ammonia and other e-fuels. By combining wind...
Oil Crisis: IDTechEx Explores What Sustainable Aviation Fuel Means for Energy Security
While the HEFA pathway will dominate SAF production over the next 10 years, other production pathways will also see significant scale-up. Source: IDTechEx The transportation sector needs to decarbonize globally by 2050 to avoid the worst impacts of climate change. For aviation, this will require low-carbon fuels in large quantities as explored in IDTechEx’s “Sustainable Biofuels & E-Fuels Market 2026-2036” report. However, the climate crisis is not the only motivation to scale-up SAF (sustainabl...
IHI Power Services Corp. Selected by Strategic Biofuels for Louisiana Green Fuels Project
IPSC Secures O&M Services Contract for 100 MW Renewable Wood-Fired Power Facility Combined with Carbon Capture and Sequestration ALISO VIEJO, Calif.- IHI Power Services Corp. (IPSC)—a leading provider of operations and maintenance (O&M), asset management, technical and compliance services for the power generation industry—has been selected by Strategic Biofuels to provide pre‑mobilization, mobilization and plant operations and maintenance services for its Louisiana Green Fuels (LGF) project. The...
New USEA Report: The Cost of Permitting Delays in PJM
Washington, DC— The United States Energy Association and Energy Exemplar today announced the publication of a new report, developed in partnership with Energy Exemplar: The Cost of Permitting Delays: Long-Term Impacts on Electricity Prices and System Reliability. The report examines how permitting and interconnection delays affect long-term electricity costs, reliability, emissions, and investment timing in the PJM Interconnection, the nation’s largest wholesale electricity market. Using Energy...
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