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In 2019, Danish wind power set a new record accounting for nearly half of the electricity supply
Time of Update: 2023-01-02
Denmark aims to reduce greenhouse gas emissions by 70 percent by 2030 and passed a new climate law late last year with the goal of increasing the share of electricity generated from renewable sources to 100 percent.
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The Mayotte-Comoros FLY-LION3 submarine cable is expected to be commissioned this year
Time of Update: 2023-01-02
The FLY-LION3 submarine cable, owned by a consortium of Comores Cables (55%), Societe Reunionnaise du Radiotelephone (SRR, 22.
The FLY-LION3 submarine cable, owned by a consortium of Comores Cables (55%), Societe Reunionnaise du Radiotelephone (SRR, 22.
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In 2019, 4.3 GW of grid-connected energy storage capacity is expected to be added globally
Time of Update: 2023-01-02
According to the report, the increase in demand for energy storage in the utility-scale solar market, the growth of the Chinese market and the strengthening of demand for new residential energy storage are the main reasons for the stable and rapid development of this market.
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IEA: The oil market is well supplied in 2020 with an average oil price of $65/barrel
Time of Update: 2023-01-02
The head of the International Energy Agency IEA told Reuters on Friday that the global oil market is expected to be well supplied in 2020 and demand growth is likely to remain weak, limiting oil price gains.
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Capacity utilization in India's coal power plants will fall to 35%-40% by 2022
Time of Update: 2023-01-02
KPMG has released a report that with the rise of renewable energy, the capacity utilization rate of many coal-fired power plants in India will fall to 35-40% by 2022.
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Global digital industry startups raised $1 billion in May, a record high
Time of Update: 2023-01-02
Samsara Networks, for example, signed a $400 million Series F-II round from a number of previous backers, including Andreessen Horowitz and General Catalyst, the largest since May. After a decline in April, funding for digital startups surged to a record high of $1 billion in May, according to Bloomberg New Energy Finance.
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South Korea's SK Innovation broke ground on a large U.S. battery production plant
Time of Update: 2023-01-02
SK Innovation The plant will supply batteries for electric vehicles, and the company expects to bring 2,000 jobs in Jackson County, northeast of Atlanta.
SK Innovation The plant will supply batteries for electric vehicles, and the company expects to bring 2,000 jobs in Jackson County, northeast of Atlanta.
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Prysmann supplied cables for a floating offshore wind project in France
Time of Update: 2023-01-02
Prysmian Group, the world's largest cable manufacturer, has been awarded a contract of more than $34 million for Provence Grand Large, a floating offshore wind farm project in southern France as part of EDF's renewable energy program.
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Indian financial institution L&T received $100 million debt financing from AIIB
Time of Update: 2023-01-02
The Indian financial institution will use debt financing to lend to wind and solar projects in India, aiming to reduce carbon dioxide (CO2) emissions by 30%-35% from 2005 levels by 2030.
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India's HVDC transmission system will grow at a CAGR of 6.2% from 2019 to 2024
Time of Update: 2023-01-02
At the same time, rural electrification and increasing demand for reliable power supply are driving the market growth of HVDC overhead transmission systems.
At the same time, rural electrification and increasing demand for reliable power supply are driving the market growth of HVDC overhead transmission systems.
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2000MW Eurasian power grid interconnection system launched bidding with a total investment of more than 3 billion euros
Time of Update: 2023-01-02
Grid interconnection At present, the invitation to tender has been issued, which includes converter stations, three cable systems connecting the above-mentioned countries and regions, with a total value of more than 3 billion euros.
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Launch of a map of the world's major fossil fuel producers
Time of Update: 2023-01-02
The contribution of countries to total fossil fuel production The top 10 are: the United States, Russia, Iran, Canada, Qatar, China, Norway, Australia, Saudi Arabia and Algeria Fossil fuels are the world's dominant energy source today, accounting for about 82% of the global energy supply.
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The France-Ireland grid interconnection project received €530 million in financing from the European Union
Time of Update: 2023-01-02
Grid interconnection The €1 billion project is being jointly developed by EirGrid, Ireland's state-owned electricity transmission operator, and RTE, a French transmission system operator.
Grid interconnection The €1 billion project is being jointly developed by EirGrid, Ireland's state-owned electricity transmission operator, and RTE, a French transmission system operator.
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As of 2019, Norway's cumulative solar photovoltaic reached 120 MW
Time of Update: 2023-01-02
The industry body cited data from Norwegian consultancy Multiconsult and the Norwegian Water and Energy Agency (NVE) to say the country more than tripled the increase in new solar capacity last year after installing 23.
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Huawei plans to deploy an undersea optical cable system to connect Cambodia and Hong Kong
Time of Update: 2023-01-02
According to Im Vutha, a spokesman for Cambodia's telecommunications regulator (TRC), four companies were granted licenses to invest in submarine cables in Cambodia, while China Communications Construction and Huawei were not among them.
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Egypt's installed renewable energy capacity exceeded 6,000 MW
Time of Update: 2023-01-02
With a year left before the government's deadline, the North African country reached its goal of adding 20 percent renewable energy to the country's electricity mix.
With a year left before the government's deadline, the North African country reached its goal of adding 20 percent renewable energy to the country's electricity mix.
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Denmark intends to build a 5GW offshore wind hub in the North Sea to connect the Baltic states
Time of Update: 2023-01-02
Offshore wind The initiative will also make it possible to realize Bornholm's vision of carbon neutrality, while also turning the island into a pilot for innovative solutions for the green transition, the company said.
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Saudi Aramco will reduce July crude supplies to at least five Asian buyers
Time of Update: 2023-01-02
” This led to at least one major Asian buyer demanding a reduction in its July contract count by nearly a third, a source with direct knowledge of the matter said.
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By 2024, the global digital oilfield market will reach $30.4 billion
Time of Update: 2023-01-02
77%," international market research firm Markets and Markets revealed in its latest report。 ”Digital oil field In terms of service type, production optimization through processes is the largest contributor to the digital oilfield market during the forecast period.
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Bosnia will invest $1.4 billion in renewable energy by 2030
Time of Update: 2023-01-02
” Luka Petrovic also said ERS would seek funding from foreign banks because Bosnia's banking sector could not provide enough money for a project of this magnitude.
