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#renewables

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🌍 RENEWABLE ENERGY
🔴 Global Clean Energy Hits Record High, Led by China

🔸 92.5% of new 2024 electricity came from renewables — mostly solar & wind.
🔸 China added 374 GW — 8x more than the US — driving global growth.
🔸 World still 28% short of 2030 clean energy goals.
🔸 UN urges faster, fairer transition as green energy hits $2T market.

"""
Instead of taking a few months to a year, the lead time for large transformer delivery is now three to five years. Among a basket of 47 goods needed to build grid infrastructure, transformers have seen the greatest increase in price — a near doubling since 2018.
"""

Who would've thought? Transformers shortage slows down buildout of renewables and hinders recovery after failures caused by extreme weather or sabotage.

bloomberg.com/features/2025-bo

Greek solar power users are being asked to switch off their systems over Easter because the grid can't absorb the power.

Of course they won't be paid for the curtailment and will have to pay for the power they use during that time.

ekathimerini.com/economy/energ

www.ekathimerini.com · Solar energy producers on standby for possible Easter switch-offBy Chryssa Liaggou