From the resources of Rethink Energy, we learn that in the second quarter of 2023 alone, approximately 92 gigawatts (GW) of solar power were installed globally. Of that, 55%, or 51 GW, was installed in China. Quarterly global solar installations appear to be growing at 50% per annum over the … [continued]
According to a recent report from Rethink Energy, post-Covid pandemic electric 2-wheeler sales are recovering globally. Since 2021, there has been marginal growth in the sector, with a move towards electrification. However, they expect that by 2027, over 100 million electric 2-wheelers will be on the roads globally. At the … [continued]
According to Rethink Energy, Dr. Andrew Forrest, the founder of Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals Group, has clearly articulated the way forward for hydrogen at the Financial Times Hydrogen Summit in London last week. According to speakers’ notes from the conference: “In 2021, Fortescue Future Industries … [continued]
In a recently published article in CleanTechnica, I shared the “bold” predictions of UK think tank Rethink Energy. They accorded with my own views and how fast the transition to electric vehicles was moving. I need to acknowledge that I may have misrepresented the findings from the graphs in my … [continued]
Rethink Energy has made the prediction that some countries’ entire automotive fleets will be electric within the next decade. Policy changes in various countries have led to changes in market dynamics. However, the uptake trend is obvious for electric vehicles. Rethink Energy is predicting that some countries will have 100% … [continued]
UK think tank ReThink Energy has produced its latest report on the transition of the steel industry, Green Steel Premium, Myth or Reality. Real green steel is possible, and now probable. They look at the effects coming from the Russian invasion of Ukraine and the subsequent impact on the price … [continued]
According to Andries Wantenaar of Rethink Energy, approximately 330 GW of solar modules were manufactured globally during 2022. Wantenaar expects that these modules will primarily be installed in 2023, with worldwide solar installation growth of 330 GW or more this year. Wantenaar quotes a Trendforce analysis that argues “351 GW … [continued]
Crash and burn. That is the conclusion of the researchers at UK’s Rethink Energy. This article draws its main points from their recent report, “Russia’s war wakes sleeping renewables giants of post 2030 power,” with comments from me interspersed in between. Rethink Energy is known for its aggressive predictions of … [continued]
“Rumors of the death of the wind industry are vastly over-exaggerated,” Rethink Energy reports, and it predicts rapid growth for the sector over the next few years. Vestas, Siemens Gamesa, and GE are not doing well on the stock market and have had to re-evaluate their workforce requirements. “The question … [continued]
According to the latest Rethink Energy report, “global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high … [continued]
