News in Numbers

3.3GW

The Philippines has launched its first dedicated offshore wind auction, GEA-5, which aims to award 3.3GW of fixed-bottom offshore wind capacity for delivery between 2028 and 2030.

5-year plan

GB Energy has unveiled a five-year strategic plan to expedite the UK’s transition to renewable energy, which includes delivering 15GW of clean energy generation and storage assets by 2030 and mobilising £15bn in private finance.

1st

Starlight Engine and Kyoto Fusioneering have completed the conceptual design for the FAST fusion demonstration plant in Japan, reaching the project’s first major milestone one year after its launch.

$2bn

Competitive Power Ventures has started construction on the CPV Basin Ranch Energy Center, a 1.35GW combined cycle natural gas power facility in Texas, US, that represents an estimated $1bn investment.

55MW

Plug Power has been chosen to supply 55MW of electrolysers and long-term service support for three green hydrogen projects across England. The installations will form the country’s largest electrolyser deployment to date.