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The EU plans to relax state subsidies to aid renewable energy projects
Time of Update: 2023-01-03
The European Commission said on Monday that the EU's competition regulator was considering amending the state aid law to allow EU countries to subsidize up to 100 percent of renewable energy projects as the bloc seeks to meet ambitious green targets.
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In April, Colombia will launch a tender for coal exploration permits
Time of Update: 2023-01-03
Colombia plans to hold two rounds of bidding – one for gold and one for coal exploration contracts – by the end of June – as part of ongoing efforts to strengthen the country's mining industry.
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Fitch: India's electricity demand expected to fall by 4% in FY2020-21
Time of Update: 2023-01-03
” Fitch said on Tuesday that India's electricity demand is expected to decline by 4% in the fiscal year ending March 2021, despite a gradual pickup in economic activity since the easing of pandemic-related lockdowns in June.
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By early 2021, global oil demand is expected to approach pre-pandemic levels
Time of Update: 2023-01-03
IHS Markit made this assessment in the report: crude oil demand surged from May to July and has now reached 89% of the same period last year, compared to 78% in April.
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Spain's Elecnor plans to build a new 200-road transmission line in Brazil
Time of Update: 2023-01-03
To build this infrastructure, Elecnor has partnered with India's Sterlite Power, and the development of the project is expected to create around 640 jobs and will be operational in 2022.
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Mauritius Telecom and Liquid Telecom plan to deploy T3 submarine cables
Time of Update: 2023-01-03
According to the original plan, the 8,850 km cable is planned to be built by Alcatel submarine network, with a design capacity of 13Tbps per pair of fibers, and the final design capacity will exceed 52Tbps.
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The global battery energy storage market is expected to reach $4.4 billion in 2022
Time of Update: 2023-01-03
On the other hand, the surge in the number of rural electrification projects across the globe, the increasing number of data centers leading to an increase in the demand for continuous power supply, and the declining price of lithium-ion batteries are expected to create huge opportunities for battery applications in energy storage systems in the coming years.
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In Q1, the global auction capacity of new wind power installed capacity was close to 7 GW
Time of Update: 2023-01-03
” However, "the IEA's net-zero roadmap for 2050 released last week shows that we are nowhere near the level of new wind capacity needed to achieve net-zero emissions by mid-century.
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2021-25 Global lithium-ion battery recycling market increased by 17.76% CAGR
Time of Update: 2023-01-03
The Asia-Pacific region has been experiencing high growth rates and is expected to provide multiple growth opportunities for vendors in the market during the forecast period.
The Asia-Pacific region has been experiencing high growth rates and is expected to provide multiple growth opportunities for vendors in the market during the forecast period.
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Global solar financing reached US$14.5 billion in 2020, up 24% year-on-year
Time of Update: 2023-01-03
According to data released by clean energy market research firm Mercom Capital, total global solar corporate financing (including venture capital, private equity, debt financing and public market financing) reached $14.
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The International Energy Agency raised its global gas demand forecast for 2020
Time of Update: 2023-01-03
The Paris-based agency said on Monday it now expects gas demand to fall 3 percent year-on-year, or 120 billion cubic meters, to 3,886 billion cubic meters.
The Paris-based agency said on Monday it now expects gas demand to fall 3 percent year-on-year, or 120 billion cubic meters, to 3,886 billion cubic meters.
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In 2020, renewable energy generation in the UK surpassed fossil fuels for the first time
Time of Update: 2023-01-03
” UK government statistics confirm that the UK's annual renewable energy generation surpassed fossil fuel generation for the first time in 2020, reaching a record 43.
” UK government statistics confirm that the UK's annual renewable energy generation surpassed fossil fuel generation for the first time in 2020, reaching a record 43.
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In January 2021, Brazil added about 136 MW of grid-connected wind power
Time of Update: 2023-01-03
67 MW of new installed capacity in January, with wind farms accounting for 85% of that.
67 MW of new installed capacity in January, with wind farms accounting for 85% of that.
67 MW of new installed capacity in January, with wind farms accounting for 85% of that.
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The economic impact of the epidemic on Chile's national copper company amounted to US$210 million
Time of Update: 2023-01-03
Gerhard von Borries, Codelco's vice president of projects, said about $124 million of the total amount will be used to keep its Chuquicamata, Radomiro Tomic and El Teniente units running "as usual.
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2020-24 Global cable accessories market compound annual growth rate of about 3.47%
Time of Update: 2023-01-03
Among major developing countries, the growing adoption of renewable energy technologies is one of the major factors that will boost the growth of the cable accessories market in Asia Pacific during the forecast period.
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Global residential solar demand performed strongly in 2020, but costs vary widely
Time of Update: 2023-01-03
solar energy In Germany, the capacity of solar systems under 10kW installed between January 2020 and August 2020 increased by 22% compared to all of 2019, according to Bundesnetzagentur.
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The global electric commercial vehicle market is expected to increase to 2.02 million units in 2028
Time of Update: 2023-01-03
The growth of the electric commercial vehicle market can be attributed to the increasing focus on the electrification of public transportation in various countries and the growing demand for zero-emission vehicles in the logistics sector.
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2020-24 Global Automotive Brake-by-Wire Market Compound Annual Growth Rate Nearly 9%
Time of Update: 2023-01-03
Europe was the largest regional market for automotive brake-by-wire systems in 2019, and this region will provide several growth opportunities for vendors in the market during the forecast period.
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India's Vedanta plans to build a new copper smelter with an annual capacity of 500,000 tons
Time of Update: 2023-01-03
” The closure of the Tuticorin smelter has cut India's copper production by nearly half, making the country a net importer of the metal.
” The closure of the Tuticorin smelter has cut India's copper production by nearly half, making the country a net importer of the metal.
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In 2020, the United States is expected to add more than 23 GW of new wind power capacity
Time of Update: 2023-01-03
According to EIA data, 5 GW of new wind turbines were added in the first 8 months of the year, but for wind turbine installations, it is typical that most of the annual capacity increases came online in the final months of the year.
