Ørsted sells stake in UK offshore wind farm
Ørsted is selling a 24.5% stake in UK offshore wind farm West of Dudden Sands in a deal worth (GBP 456.1m (just over DKK 4bn). This was announced by Ørsted in a press release. The buyer of the 24.5% stake…
Category Global Energy Updates
Stay informed about global renewable energy developments and how they impact local markets. Kowatek Solar LTD is committed to staying ahead of the curve.
5 Key Facts Behind a Record-Breaking Year
Global renewable energy capacity has reached new heights, demonstrating a remarkable progress in the world’s transition to clean, sustainable energy. According to the International Renewable Energy Agency (IRENA)’s Renewable Capacity Statistics 2025, 2024 marks yet another benchmark in renewable energy…
A mess made in Germany: Volkswagen’s trials warn against resisting the green transition
The woes of the German automobile giant Volkswagen (VW) offer a lesson that applies beyond Germany and Europe: resist the green transition at your own peril – as laggards will pay a heavy price. Paul Hockenos reports. Credits: PxHere When…
EU Energy Commissioner will soon present plan for phasing out Russian energy
EU Commissioner for Energy and Housing Dan Jørgensen, will in two weeks present a plan to phase out all Russian fossil energy, said European Commission President Ursula von der Leyen in a speech at the Energy Security Summit in London…
The Powerful Role in Geopolitics is to Manage the Energy Transition
The world is becoming more volatile and unpredictable. The energy sector is no exception. Tariffs, sanctions, conflicts and supply chain disruptions have affected global trade in energy, sparking increased protectionism in some nations, and causing commodity prices and energy inequality…
Georgia’s renewable energy capacity can strengthen energy security, says IRENA
Preliminary findings suggest around 4GW of wind and 4.5GW of solar photovoltaic (PV) capacity yet to be exploited. Credit: IRENA – International Renewable Energy Agency. Georgia’s renewable energy potential could significantly enhance the nation’s energy security and reduce its energy…
For climate protection, this Trump Presidency could be worse than the last
On the campaign trail in 2024 and since the November election, former president Donald Trump has not let up in denying the tie between fossil-fuel use and global warming. His supporters include the world’s largest petroleum companies and they are…
Oil prices fall on concerns about tariffs and fuel demand
Oil prices fall slightly on Wednesday morning on concerns about US tariffs and the effect on economic growth and energy demand, reports Reuters reports. Global oil demand is expected to grow at its slowest rate in five years by 2025…
New podcast: Chinese OEM installations | Oil majors’ u-turn| Siemens Gamesa India sale | European auctions
This time on the news review, we ask our panellists for their views on global installation figures from wind turbine manufacturers last year, which show Chinese companies including Goldwind, Envision, Mingyang and Windey coming out on top. We also explore…
Tripling off-grid renewables is a catalyst for sustainable development in rural communities
The landmark COP28 UAE consensus marked a turning point in the global energy transition, committing to triple installed renewable energy capacity to 11.2 terawatts and double the global rate of energy efficiency improvements by 2030. Off-grid renewables are integral to…
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