Tag: Renewable energy

BusinessEnergyTechnology

Global Energy Shift: Renewables Growth Overshadowed by Fossil Fuel Resurgence

The global energy transition faces unexpected headwinds as fossil fuels experience a surprising resurgence. According to energy expert Daniel Yergin, multiple factors have reshaped the energy landscape, with natural gas and coal booming despite climate commitments.

Energy Transition Loses Momentum as Fossil Fuels Surge

The global push toward clean energy has encountered significant obstacles, with fossil fuels experiencing unexpected growth despite climate commitments, according to analysis from leading energy expert Daniel Yergin. Sources indicate that while renewable energy continues to expand, the simultaneous boom in natural gas and coal represents a complex shift in global energy dynamics that few anticipated just a few years ago.

by Samuel Kim
EnergyInnovationTechnology

South Africa’s Wind Energy Expansion Stalled by National Grid Constraints

South Africa’s wind power sector faces significant delays due to transmission grid limitations, according to discussions at Windaba 2025. Industry executives emphasize that grid capacity issues are preventing new projects from connecting, with calls for policy changes and sector-wide collaboration to address the challenges.

Grid Constraints Hinder Renewable Energy Growth

South Africa’s wind energy sector is facing significant development challenges due to bottlenecks in the national transmission infrastructure, according to reports from the Windaba 2025 conference in Cape Town. Industry leaders indicated that these grid limitations are preventing new renewable energy projects from connecting to the power system, potentially delaying the country’s transition to cleaner energy sources.

by Samuel Kim
AIEnvironment

Donegal Startup Deploys AI to Streamline Environmental Approvals for Renewable Energy

A Donegal-based startup is tackling one of the biggest bottlenecks in the renewable energy sector: slow environmental approvals. Canavan Atlantic uses a hybrid AI platform to automate environmental impact assessments, helping projects move from concept to construction faster.

AI-Powered Environmental Intelligence

A new startup from Donegal is reportedly using artificial intelligence to transform the traditionally slow and manual process of environmental compliance. According to reports, Canavan Atlantic aims to “make environmental intelligence a core part of how the world builds” by automating environmental impact assessments (EIAs), which are mandatory for large-scale projects.

by Samuel Kim
EnergyTechnology

Global Battery Storage Market Set for Explosive Growth, Projected to Hit $54 Billion by 2032

Analysts project the battery energy storage system market will surge from $8.23 billion in 2024 to $54.34 billion by 2032. This remarkable growth, driven by renewable energy integration and technological advances, highlights the critical role of energy storage in modern power grids. Industry sources indicate sustainable energy policies and falling battery costs are accelerating market expansion globally.

Battery Storage Market Poised for Transformative Growth

The global energy storage landscape is undergoing a dramatic transformation, with the battery energy storage system (BESS) market projected to experience exceptional expansion throughout this decade. According to recent market analysis, the sector is expected to grow from USD 8.23 billion in 2024 to USD 54.34 billion by 2032, representing a compound annual growth rate of 26.61% between 2025 and 2032. Industry observers suggest this growth trajectory underscores the increasingly critical role of storage solutions in global energy infrastructure.

by Samuel Kim