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Germany could achieve net-zero greenhouse gas emissions ahead of schedule by 2045
Time of Update: 2023-01-03
German officials proposed on Wednesday that Germany could bring forward the date for reducing greenhouse gas emissions to "net zero" to 2045, after Germany's Supreme Court ruled that existing plans to curb climate change place too much burden on young people.
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From 2021 to 2030, the world is expected to add about 230GW of new hydropower capacity
Time of Update: 2023-01-03
Sub-Saharan Africa is expected to have the third highest growth in hydropower capacity in the world over the next decade due to its huge untapped potential and the need to increase electricity supply at low cost.
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India's 600MW large-scale floating solar power plant is scheduled to come on stream in 2022-23
Time of Update: 2023-01-03
solar energy The facility will be installed on the Omkareshwar dam on the Narmada River in Ganderwa region with a total investment of approximately $409 million.
solar energy The facility will be installed on the Omkareshwar dam on the Narmada River in Ganderwa region with a total investment of approximately $409 million.
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Spain plans to build 1-3GW of floating wind capacity by 2030
Time of Update: 2023-01-03
Spain's plan to install floating wind turbines in deep water off its coast that could generate 1 to 3 gigawatts by 2030, Spain's energy and environment ministry said on Wednesday.
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Egypt prepares to build a new fiber optic cable project to connect the Red Sea with the Mediterranean Sea
Time of Update: 2023-01-03
According to the agreement, the three parties will establish a new path of fiber optic cable for Internet services between the Red Sea and the Mediterranean Sea via the Al-Morshedeen Road, thereby strengthening Egypt's international position as a major hub for international communication business between Asia, Africa and Europe.
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Saudi Aramco: Global oil demand is close to pre-pandemic levels
Time of Update: 2023-01-03
Saudi Aramco recently said demand for oil is close to pre-Covid levels, reiterating that global producers are investing too little in supply.
Saudi Aramco recently said demand for oil is close to pre-Covid levels, reiterating that global producers are investing too little in supply.
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The EIIB supports the development of wind and solar projects in Europe with €688 million
Time of Update: 2023-01-03
solar energy The EU bank said recently that the approved funds will be used for 11 wind farm projects in Poland with a total capacity of 380 MW, 3 solar projects in Greece with a total capacity of 230 MW, and 7 projects in Spain with a total capacity of 253 MW.
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Prysmann wins EUR 1.2 billion contract for undersea high-voltage DC cables
Time of Update: 2023-01-03
" ” The project will provide a cable connection along a route between the British converter stations at Grain Island, Kent, UK, via British, Dutch and German waters to the landing site in Lower Saxony, Germany, to connect the converter station near Wilhelmshaven.
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Hitachi ABB joint venture received an order for the third phase of Dogger Bank
Time of Update: 2023-01-03
The Swiss company has already secured orders for transmission line connections for GW Dogger Bank projects A and B.
The Swiss company has already secured orders for transmission line connections for GW Dogger Bank projects A and B.
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CATL joined hands with Indonesian state-owned enterprises to invest in the construction of a power battery industry base
Time of Update: 2023-01-03
It is reported that CATL will participate in the project with PT Aneka Tambang and PT Industri Baterai Indonesia, which covers everything from nickel mining to battery materials, recycling and electric vehicle battery factories.
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China accounted for half of the 6GW of new offshore wind power added globally in 2020
Time of Update: 2023-01-03
Outside China and Europe, South Korea and the United States have installed 60 MW and 12 MW of offshore wind capacity, respectively.
Outside China and Europe, South Korea and the United States have installed 60 MW and 12 MW of offshore wind capacity, respectively.
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Indonesia plans to add 4.7GW of solar capacity by 2030
Time of Update: 2023-01-03
7 GW of solar capacity by 2030 under its new Electricity Purchase Program (RUPTL), which will increase the contribution of renewables to the mix.
7 GW of solar capacity by 2030 under its new Electricity Purchase Program (RUPTL), which will increase the contribution of renewables to the mix.
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OPEC+ will ease oil production restrictions in phases from May 1
Time of Update: 2023-01-03
Despite the surge in coronavirus cases in India, Brazil and Japan, OPEC, Russia and their allies (OPEC+) will stick to their plans to ease oil production restrictions in phases from May to July amid optimistic forecasts for a recovery in global oil demand.
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The global submarine high-voltage/ultra-high-voltage cable market will grow by 22% CAGR from 2020 to 27
Time of Update: 2023-01-03
Submarine cable demand is expected to be significantly boosted by a surge in global offshore wind capacity, with CRU projecting subsea HV/UHV cables to account for more than 42% by 2027, at a CAGR of 22% between 2020-2027.
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Curbing the spread of the virus PGG, Poland's largest coal group, closes two mines
Time of Update: 2023-01-03
coal Poland, which derives most of its electricity from coal, has so far confirmed 11,761 cases of coronavirus, including 539 deaths.
coal Poland, which derives most of its electricity from coal, has so far confirmed 11,761 cases of coronavirus, including 539 deaths.
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UK and Dutch grid operators plan to build an undersea interconnection system to connect offshore wind
Time of Update: 2023-01-03
Currently, the UK has an undersea power interconnection system connecting France, Ireland and the Netherlands, but plans to build more undersea power interconnects as older coal and nuclear power plants close to increase its power supply options.
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Vale builds Brazil's largest energy storage battery project
Time of Update: 2023-01-03
Lithium-ion batteries The system will be owned and operated by MicroPower Comerc, which features the first Tesla Megapacks deployed in Brazil.
Lithium-ion batteries The system will be owned and operated by MicroPower Comerc, which features the first Tesla Megapacks deployed in Brazil.
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The world's top 10 large-scale solar developers announced that Adani ranked first
Time of Update: 2023-01-03
In terms of its total installed capacity in operation, under construction and acquired projects, Adani Green Energy is the world's largest developer of large-scale solar photovoltaic (PV) with 12.
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South Korea's POSCO invested US$4 billion in a lithium mine project in Argentina
Time of Update: 2023-01-03
South Korean steelmaker Posco said on Monday it would invest $4 billion in a new lithium mining project in Argentina as it seeks to capitalize on soaring demand for the key rechargeable battery metal.
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Telstra plans to increase 5G coverage to 75% by June this year
Time of Update: 2023-01-03
Australian mobile network operator (MNO) Telstra has announced that its 5G network now covers 50% of the country's population, which the company called a "major milestone".
Australian mobile network operator (MNO) Telstra has announced that its 5G network now covers 50% of the country's population, which the company called a "major milestone".
