The Croatian government has allocated almost €20 million ($23. 2 million) of European Union Modernization Fund grants to help complete a 60 MW/120 MWh battery energy storage system (BESS) at an aluminum rolling mill site days after plans were revealed for a utility-scale battery. . The European Bank for Reconstruction and Development (EBRD) is providing a direct equity investment of up to €16. The EBRD is investing up to €16.
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[pdf] Hydropower remains China's largest source of clean electricity, contributing 13% in 2024. The share of wind and solar combined reached 18%, just ahead of the global average of 15% and above its neighbours Japan (11%) and South Korea (6%). . rom centralised solar power stations, with the remaining 40% being distributed solar cap total new capacity, +5% y-o-y. 5GW of new wind, 25% of the month's newly installed capac tion. . On February 5, the National Climate Centre of the China Meteorological Administration (CMA) and the Global Energy Interconnection Development and Cooperation Organization (GEIDCO) jointly released the Global Wind, Solar, and Hydropower Capacity Outlook for 2026. Guided by its goals of peaking carbon emissions before 2030 and achieving carbon neutrality by 2060, the country is rapidly reshaping its power. . China is advancing a nearly 1.
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