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China builds CCUS projects for large coal power plants

China Huaneng, the country's leading power company, has announced the world's largest carbon capture, utilization and storage (CCUS) project for a coal-fired power plant. Based on China's commitment to decarbonization, CCUS has become an indispensable technological hedge for reducing emissions in heavy industry.

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A revision of wind power approval rules in Poland is expected to boost installed capacity.

The Polish government has moved ahead with a long-awaited revision of the approval rules for onshore wind. This will bring Poland's cumulative onshore wind capacity to around 16GW by 2030,

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Birch Creek Development increases credit facility to US$250m to pursue 5GW US PV pipeline

US PV developer Birch Creek Development has increased its existing credit facility with debt financing provider Fundamental Renewables to US$250 million to pursue its 5GW solar pipeline in the US and support its module procurement strategy.

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Shell, EPI partner to develop 1GW of utility-scale solar PV in the Philippines

Shell Overseas Investments and renewable energy company Emerging Power Inc. (EPI) have agreed to jointly develop, own, operate and maintain 1GW of utility-scale solar PV in the Philippines by 2028.

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Grenergy looking to raise US$95m to accelerate growth in Europe and storage development

Spanish developer Grenergy has launched a €90 million (US$94.8 million) accelerated capital increase to fuel growth in Europe and develop its energy storage capacity.

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The number of new energy vehicles is set to quadruple by 2025, and the road transport sector is still expected to achieve net zero emissions by 2050

The Long-term Market Outlook for New Energy Vehicles Outlines two scenarios for electric mobility penetration by 2050 and explores the impact on batteries, metal raw materials, oil, power and infrastructure demand, and emissions.

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