Solar overtakes coal in EU for first time in 2024


In demand: Workers instal solar panels at the Hanau Energies SAS solar project in Weinbourg, France. Solar generation in the EU jumped about 22% last year to around 304 terawatt hours. — Bloomberg

LONDON: A surge of solar power output has helped the green energy source overtake coal-fired stations in the European Union (EU) for the first time last year, a report shows.

The milestone, based on data from climate think tank Ember, is the latest sign of coal’s decline in the EU as the bloc seeks to shift away from the highly polluting fossil fuel.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Australian dollar scales 15-month high on strong jobs data
Gold dips, stocks lift as Trump walks back Greenland threats
Ringgit opens firmer on OPR hold expectations
Bursa Malaysia tracks global rebound as Trump walks back tariffs threat
Trading ideas: Sunway, IJM, Binastra, Capital A, Elridge, Oxford Innotech, Steel Hawk, Carimin, SMRT, Reneuco, Suria, KIP REIT, Pantech
Wall Street jumps on Greenland framework deal
Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract

Others Also Read