Energy Transition in Motion (Week of July 28, 2023)

Here is a look at some of this week’s renewable energy news, including First Solar’s plan to build a $1.1 billion solar panel manufacturing facility in the U.S.

Venezuela Must Advance Renewable Developments, Official Says

OPEC member Venezuela has benefited economically over the last century, mainly from producing oil, but as the race to net zero emissions picks up speed, the Caribbean country must now advance natural gas-related and renewable developments such as wind, solar and bioenergy.

Repsol to Invest More Than $130MM to Retrofit Plant to Produce Biofuels

As part of its strategy to pivot to renewables, Repsol targets the production of two million tons of low-carbon fuels by 2030.