George Naumovski’s Post

As renewable energy becomes the largest source of electricity in the EU, what lessons can the maritime industry learn to accelerate its own transition to cleaner energy? How can shipping leverage this momentum for greater adoption of renewable technologies? https://lnkd.in/dXUjarTB Via Maritime Executive #RenewableEnergy #CleanEnergy #MaritimeIndustry

🌍🚀 Australia’s renewable energy ambitions reach new heights! A groundbreaking 70 GW solar and wind project has been proposed for Western Australia's Goldfields-Esperance region, recently submitted for environmental approval. This ambitious initiative aims to generate over 200 TWh of renewable energy annually - matching Australia’s current total energy output! Key highlights: 🔋 ~60 million PV panels across 35 solar farms 🌬️ 3,000 wind turbines (7 MW to 20 MW capacity) With first production targeted for 2032, this project is set to unlock new opportunities for clean energy supply, supporting both local industries and global sustainability goals. 🌱⚡

❗ ❗𝟮 𝗱𝗼𝘄𝗻 𝟰𝟴 𝘁𝗼 𝗴𝗼❗ ❗ ✅ 𝗩𝗲𝗿𝗺𝗼𝗻𝘁  ✅ 𝗡𝗲𝘄 𝗝𝗲𝗿𝘀𝗲𝘆 𝗩𝗲𝗿𝗺𝗼𝗻𝘁 𝗵𝗮𝘃𝗲 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝘀𝗲𝗰𝗼𝗻𝗱 𝘀𝘁𝗮𝘁𝗲 𝘁𝗼 𝗱𝗲𝘃𝗼𝘁𝗲 𝘁𝗼 𝟭𝟬𝟬% 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝗯𝘆 𝟮𝟬𝟯𝟱! This news marks a major milestone for the industry. However, the fact that 48 states remain untapped highlights the immense growth potential within the sector. #navitas #renewable #energytransition #solar #energy #vermont

The rise of renewable energy sources like wind and solar will push traditional fossil fuel power plants into new roles as the global power system realigns. Anca Gurzu has more from DNV's recent energy transition report: https://nt-z.ro/4hqUaDN

The latest International Renewable Energy Agency (IRENA) report reveals record growth in renewable energy capacity in 2023. Here are the key points: 📈 Unprecedented Growth: Global renewable energy capacity increased by an impressive 9.7% last year, reaching a total of 3,928 gigawatts (GW). ☀️ Solar Leadership: Solar energy led the charge, with an addition of 181 GW in 2023, marking a 20% increase compared to 2022. 🌬 Importance of Wind Energy: Wind energy also experienced significant growth, with an addition of 86 GW in 2023, primarily driven by expansion in China, the United States, and the European Union. 🌏 Equity and Access Challenges: Although the record growth is encouraging, addressing equity and access challenges is crucial to ensure that all communities and countries can benefit from the potential of renewable energies. In conclusion, investing in renewable energy and addressing equity and access challenges are vital for a sustainable future. Let's all work together! 💪🔋 #RenewableEnergy #windenergy #solarenergy #development

The International Energy Agency (IEA) has released a report detailing how tripling renewable energy and doubling energy efficiency by 2030 could slash global emissions by 10 billion tons. Read the full article here: https://hubs.ly/Q02QWKjZ0 #OffshoreWind #Renewables #EEEGR #IEA - EEEGR (East of England Energy Group)

📉 Türkiye's Renewable Energy Transition: Falling Behind Global Leaders A recent study by Compare the Market Australia has highlighted Türkiye’s lagging position in the global renewable energy race. By 2028, Türkiye is expected to generate only 2.48 TWh of renewable energy per million people, placing it near the bottom of the list of 39 developed nations. The country’s net zero target is set for 2053, significantly later than many global peers. In comparison, European nations like Finland and Sweden, with much more ambitious targets (2035 and 2045, respectively), are projected to generate up to 13.57 TWh per million people by 2028. These countries have embraced more aggressive renewable energy policies and investments, particularly in wind and solar power, allowing them to lead the charge in the shift to sustainable energy. For Türkiye, this serves as a critical juncture to reassess and strengthen its renewable energy strategy. The nation's energy landscape must evolve rapidly if it is to meet future energy demands, reduce carbon emissions, and position itself as a competitive player in the global market. Enhanced investment in infrastructure, coupled with more aggressive climate policies, will be vital to closing the gap. #RenewableEnergy #Sustainability #NetZero #CleanEnergy #TurkeyEnergyStrategy #GlobalEnergyTransition Renewable Energy Magazine pv magazine Global Compare the Market Australia

NOT MEETING EXPECTAITONS: Renewable Energy Funds See Outflows on Concerns over Growth, Policies https://hubs.la/Q02spJZc0 Global investors are increasingly moving away from the renewable energy sector funds this year due to concerns over the sector’s growth prospects and uncertainty over policies in a U.S. election year, fund data show. #global #renewableenergy #energyindustry #renewables #growth #polices #energysector #energynews

“We urgently need our political leaders to pull their heads out of the sand and produce a strong, ambitious and fair new climate plan that lifts the barriers to onshore wind and solar power and secures investment in the infrastructure needed to support the switch to renewables.” AMEN! #renewables #solarpv #windenergy #netzero #climateaction #climateemergency #UKpolicy #governmentpolicy #onshorewind #solarfarm #electricgrid

🌬️ The US Renewable Energy Industry Has the Wind at Its Back 🌞 As a Power and Utilities Tax professional, it's exciting to see the momentum in US renewable energy. Expanded incentives and societal pressure are driving significant growth. Wind and solar dominate, but new technologies are emerging, thanks to the Inflation Reduction Act (IRA). Challenges like supply chain issues, talent shortages, and inflation persist. Our survey with industry leaders highlights both the bright spots and the hurdles we face. Read more in our latest report linked below. #RenewableEnergy #CleanEnergy #Sustainability #IRA #EnergyTransition #ClimateAction