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China will discontinue fixed pricing for renewable energy, shifting to market-determined rates. This change aims to reflect market dynamics, enhance efficiency, and stimulate investment in ancillary services by June.
In 2024, clean energy investments hit $2.1 trillion, marking an 11% growth. Key areas included electrified transport and renewable energy, but emerging technologies faced declines due to risks. China led investments.
Donald Trump, as the 47th US President, prioritizes reversing Biden’s climate agenda, exiting the Paris Agreement, increasing fossil fuel production, and deregulating energy policies, despite climate concerns from environmental groups.
The OCP Group of Morocco has partnered with Engie to invest €17 billion in renewable energy, green hydrogen, and desalination projects, enhancing food sovereignty and promoting sustainability ahead of COP29.
Greece has increased its renewable energy targets to 82% by 2030 amid climate challenges, focusing on wind and solar power, while requiring €95 billion for further energy advancements and climate adaptation.
The UK’s sixth renewable energy auction results in 131 projects, powering 11 million homes, enhancing energy security and independence.
Texas, a major oil producer, is also a leader in clean energy, setting records in solar and wind power generation. Despite political resistance, it plans to install a substantial amount of clean energy capacity.
The Spanish government has approved nearly 300 renewable energy projects, totalling 28 GW, aiming for 81% renewable electricity mix by 2030 and creating 300,000 jobs.
Today, the UK faces a crucial election after enduring political upheaval. The ruling Conservatives encounter scrutiny for their climate strategy.
Energy audits are vital for businesses aiming for sustainability, cost reduction, and environmental stewardship. Registered auditors offer expertise, cost savings, and compliance.
A greener life, a greener world 