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June, 2024   I Volume 6  I Power Gen Advancement Sector Focused e-Newsletter
Market Insights
Global Capacity To Reach New High With Solar Growth In 2023
Global Capacity To Reach New High With Solar Growth In 2023
Solar installations worldwide surged by 87 percent in 2023, reaching 447 GW. Reports predict 2 TW capacity by 2024, with solar dominating the renewables market.
Offshore Wind Power Boosting Market Share To 25% By 2033
Offshore Wind Power Boosting Market Share To 25% By 2033
Renewable Energy Eyes Major Share In Italy Power Mix By 2035
Renewable Energy Eyes Major Share In Italy Power Mix By 2035
	South Africa Leads As Solar Capacity In MEA Surge By 15%
South Africa Leads As Solar Capacity In MEA Surge By 15%
EU Funds Solar Academy To Boost Renewable Energy Workforce
EU Funds Solar Academy To Boost Renewable Energy Workforce
€9 million from the Single Market Programme funds European Solar Academy, implemented by EIT InnoEnergy to support the Green Deal by EU and REPowerEU Plan.
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Press Updates
Europe - Combined Industrial & Green Deal For A Safer Future
Europe - Combined Industrial & Green Deal For A Safer Future
Industry leaders advocate for combining the Green Deal with a strong Industrial Deal to provide regulatory stability and encourage decarbonization investments.
New Renewable Power Generation – Germany Sets New Q1 Record
New Renewable Power Generation – Germany Sets New Q1 Record
With greatest percentage since tracking started in 2018, renewable energy provided 58.4% of all electricity produced in Germany in Q1 of 2024, setting a record.
Energy Cooperation Between Norway, Ukraine Gets An MoU Boost
Energy Cooperation Between Norway, Ukraine Gets An MoU Boost
An extensive agreement on energy cooperation was struck by Norway as well as Ukraine, that encompasses networks, power markets, renewable energy as well as gas.
New York Invites Proposals For Renewable Energy Initiatives
New York Invites Proposals For Renewable Energy Initiatives
NYSERDA invites proposals for land-based renewables, expecting billions in investments as well as in job creation, with deadlines in July 2024 and August 2024.

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