DNV GL report finds that the energy transition is gathering pace but the rate is still too slow to limit global temperatures rising by well below 2°C.
Electric & hybrid
Macquarie Group Ltd has targeted AUS$1 billion in its biggest capital raising to ramp up investment and take advantage of expected asset price growth in renewable energy, among other sectors.
Reportlinker has reported that the hybrid power systems market will grow at a compound annual growth rate (CAGR) of over 8%.
More Electric & hybrid news
The state’s generators had a profitable week as intense heat sent electricity prices shot up to unprecedented levels, briefly surpassing a US$9000 a MWh ceiling.
Ørsted has decided to make its car fleet 100% electric. It is also the first Danish company to join the global EV100 initiative.
DTE Energy is partnering with Comerica Park to power the stadium with renewable energy through its MIGreenPower programme on 14 August, including the evening home game between the Detroit Tigers and the Seattle Mariners.
Wood Mackenzie’s Vice Chair Gavin Thompson writes about the exciting growth of renewables in Asia Pacific.