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These major Swedish banks have stopped lending to the fossil fuel industry
The country’s largest bank by assets, Handelsbanken, has not approved any new loans or underwriting to fossil fuel companies since 2019.
China smashes wind and solar installation records once again in 2024
China now has 1,408GW of wind and solar capacity — well ahead of the government’s prior target of having 1,200GW in place by 2030.
Fossil fuels fall to less than 50% of Ireland’s power mix in 2024 as coal exit looms
The International Energy Agency expects Ireland to reach about 75% renewables in its power mix by 2030, well ahead of the global average.
Inside Sofia’s pioneering new low-emission zone for household heating
The municipality is covering the cost of switching to cleaner alternatives such as heat pumps.
In numbers: The Iberian Peninsula’s exceptionally clean electricity mix
Renewables and nuclear accounted for 82% of the electricity produced in Spain and Portugal in 2024, per Ember data.
Introducing the world’s biggest ‘round the clock’ solar project
Located in Abu Dhabi’s desert, the $6 billion project will feature 5.2GW of solar PV capacity and a 19GWh battery system.
Global EV sales were up 25% in 2024
More than 17 million electric vehicles were sold worldwide in 2024. That equates to roughly one in five new cars sold through the year.
This Chinese province is leading the world in electrification
Zhejiang, a province in China’s east that’s a major global producer of solar panels and batteries, has reached an electrification rate of 51%.
EU power sector emissions fall sharply again in 2024 as renewables advance
Renewables made up 48% of the bloc’s power generation mix, up from 45%, while nuclear contributed 24%, a 1 percentage point gain.
Portugal moves closer to eliminating fossil fuels from its power mix
Domestic power plants that run on fossil fuels covered just 10% of Portugal’s electricity consumption in 2024.