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Power

Green hydrogen has potential to be a game changer for the power industry, says GlobalData

Hydrogen’s noteworthy contribution to clean energy transitions makes it a game changer for the power industry, says GlobalData. The leading data and analytics company notes that the power industry can leverage hydrogen’s potential as a cleaner burning alternative to conventional fuels in the evolving hydrogen economy. GlobalData’s report, ‘Hydrogen in Power – Thematic Research’, notes […]
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Rooftop solar installation price rise only temporary, says GlobalData

Those striving to improve their carbon footprint by installing rooftop solar panels during the pandemic missed out on what has been over a decade-long annual price drop, according to GlobalData. The leading data and analytics company found that the price of panel systems dropped every year between 2013 and 2020, after which COVID-19-related supply chain […]
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German electric vehicles market must grow at a CAGR of 35% to hit country’s goal of 15 million EVs by 2030, says GlobalData

Germany’s goal of putting 15 million battery electric vehicles (BEVs) on the road by 2030 is currently behind schedule as the global automotive industry struggles to procure key components such as microchips and the basic raw materials used in the manufacture of high voltage batteries including the elements lithium, nickel and cobalt. To reach this […]
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Power sector top M&A legal advisers in 2021 were Herbert Smith Freehills by value and Watson Farley & Williams by volume, finds GlobalData

Herbert Smith Freehills and Watson Farley & Williams were the top mergers and acquisitions (M&A) legal advisers in the power sector in 2021 by value and volume, respectively. Herbert Smith Freehills advised on 22 deals worth US$35.1 billion and Watson Farley & Williams advised on 43 deals worth US$1.9 billion, according to GlobalData, a leading […]
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Kenya’s renewable auctions mechanism to drive 10.5% CAGR growth of country’s renewable capacity between 2020 and 2030, says GlobalData

Kenya’s Renewable Energy Auctions Policy (REAP), launched in early 2021, is expected to significantly expand Kenya’s renewable power capacity over the next decade, with GlobalData forecasting growth from 1.4 GW in 2020 to 3.7 GW in 2030. The leading data and analytics company notes that this means a remarkable compound annual growth rate (CAGR) of […]
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Hydrogen mentions in company filings increase by 21% in 2021 amid cleaner energy transitions, says GlobalData

Discussions around the use of hydrogen for energy are rapidly growing, with mentions of the resource having already risen by 21% in company filings this year* compared to 2020, according to GlobalData, a leading data and analytics company. Rinaldo Pereira, Business Fundamentals Analyst at GlobalData, comments: “Companies consider hydrogen to be the next step in […]
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Thermal power to comprise 46.1% of Czech Republic energy mix by 2030 making the transition to renewable power and it’s GHG emissions targets difficult to achieve

The Czech Republic has ambitious plans to phase out coal and transition to more renewable power by 2030, however the country seems to have no clear roadmap to achieve this goal. Thermal power holds a significant share in the country’s current generation mix and is still expected to comprise 46.1% of total power generation by […]
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Thermal power to comprise 46.1% of Czech Republic energy mix by 2030 making the transition to renewable power and it’s GHG emissions targets difficult to achieve, says GlobalData

The Czech Republic has ambitious plans to phase out coal and transition to more renewable power by 2030, however the country seems to have no clear roadmap to achieve this goal. Thermal power holds a significant share in the country’s current generation mix and is still expected to comprise 46.1% of total power generation by […]
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