News in Numbers

A report from Global Energy Monitor expects China to “shatter” its target of 1.2TW installed renewable generation by 2030, instead expecting this to occur by 2025.

Operations have started at the UK’s first deep geothermal energy project in 37 years.

UK offshore wind capacity would need to increase by 265% to meet the country’s 50GW 2030 target.

The EU has approved €1.1bn in funding to create 1,600MWh of 800MW utility-scale energy storage in Hungary.

The European Investment Bank has granted $213m to Brazilian financial institution Sicredi to invest in solar energy.