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Greece will launch a tender for a 700-megawatt battery energy storage project this fall
Time of Update: 2023-01-03
Energy Minister Kostas Skrekas said at the conference that Greece will launch a tender for battery energy storage systems in the autumn with a budget of 200 million euros.
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Tanzania will expand its fibre optic network through power infrastructure
Time of Update: 2023-01-03
"It's a more efficient way, simple and just to expand broadband connectivity," he said, noting that through the new partnership, Tanesco will also use some of the infrastructure TTCL has already installed to power the country.
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The worst drought in 20 years has put pressure on Brazil's power grid
Time of Update: 2023-01-03
Thermal power generation According to Luiz Carlos Ciocchi, this can keep electricity prices high, but he sees no risk of power shortages or rationing.
Thermal power generation According to Luiz Carlos Ciocchi, this can keep electricity prices high, but he sees no risk of power shortages or rationing.
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India added 1.7GW of new rooftop solar in 2021, up 210% year-on-year
Time of Update: 2023-01-03
In the fourth quarter of 2021, 44% of rooftop solar installations came from the commercial sector, followed by the industrial, residential and government sectors with 41%, 10% and 5%, respectively.
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France's grid-connected solar photovoltaic installed capacity exceeded 10GW
Time of Update: 2023-01-03
According to data released by the French Electricity Distribution Association (ADEeF) and grid operators Enedis and RTE, the country's solar installed capacity was 10,201 MW at the end of September.
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Germany and Canada plan to jointly develop green hydrogen
Time of Update: 2023-01-03
Germany wants to expand hydrogen content to replace fossil fuels and achieve large-scale industrial and energy applications to meet climate goals, but Germany lacks the land resources to produce enough green energy for the necessary electrolysis process.
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Citi: Oil prices are expected to recover to $60/b by the end of 2021
Time of Update: 2023-01-03
Citi believes that global benchmark Brent crude is currently trading close to $40 a barrel and will average around $55 in 2021 before recovering to $60 by the end of the year.
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Saudi Arabia signed power purchase agreements with seven new solar projects
Time of Update: 2023-01-03
Including the new Sakaka solar project and the Dumat al-Jandal wind project, these new projects will have an installed capacity of more than 3,600 megawatts.
Including the new Sakaka solar project and the Dumat al-Jandal wind project, these new projects will have an installed capacity of more than 3,600 megawatts.
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India's fuel demand down 5% y-o-y in November
Time of Update: 2023-01-03
83 million mt in November, according to data released by India's oil ministry.
83 million mt in November, according to data released by India's oil ministry.
83 million mt in November, according to data released by India's oil ministry.
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The cumulative pipeline of global large-scale green hydrogen energy development projects has exceeded 60GW
Time of Update: 2023-01-03
” Another recent study suggests that hydrogen produced by solar-powered devices could be cheaper within a decade than fossil-fuel-based production methods.
” Another recent study suggests that hydrogen produced by solar-powered devices could be cheaper within a decade than fossil-fuel-based production methods.
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OPEC+ concludes supply agreement to increase production from August to December
Time of Update: 2023-01-03
But will the increase in supply overwhelm the recovery in demand, leading to lower crude oil prices?The optimistic narrative remains that the world economy is recovering from the coronavirus pandemic, with more and more countries reopening as people get vaccinated.
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Construction of reactor No. 4 at Turkey's Akkuyu nuclear power plant was approved
Time of Update: 2023-01-03
"By the end of this year," Rosatom said, "construction of concrete foundations for the foundation slabs of reactor and turbine buildings is expected to begin.
"By the end of this year," Rosatom said, "construction of concrete foundations for the foundation slabs of reactor and turbine buildings is expected to begin.
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Colombia's first round of renewable energy auctions in 2021 reached 5GW
Time of Update: 2023-01-03
renewable energy The president stressed that the auction will be open to electricity retailers serving large industrial consumers and that the projects must go live by December 2022.
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International oil prices briefly rose to $70 a barrel on Tuesday
Time of Update: 2023-01-03
International oil prices rose to $70 a barrel on Tuesday, the first since March, as expectations of a recovery in demand after the reopening of economies in Europe and the United States offset fears of the spread of coronavirus cases in Asia.
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The submarine power system of Crete-Peloponnese in Greece is completed
Time of Update: 2023-01-03
Subsea interconnection The milestone was announced last week by Italian cable provider Prysmian, which was selected to design and install a 135 km HVAC cable system for the project.
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ASEAN plans to pilot regional grid interconnection to transmit green electricity in 2022
Time of Update: 2023-01-03
At the International Energy Week meeting in Singapore this week, Southeast Asian countries are accelerating plans to transmit renewable energy through the proposed regional grid in an effort to meet climate change goals, with pilot projects scheduled for 2022.
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Global refining and integrated chemical capacity will average annual investment of US$55 billion by 2025
Time of Update: 2023-01-03
The report believes that the consolidation and modernization of China's refining industry, the strategic expansion of Middle Eastern exporters and the investment in the growth of chemical demand will promote the expansion of refining capacity.
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The PEACE submarine cable system test is completed and is scheduled to be put into production in Q1 2022
Time of Update: 2023-01-03
Comprehensive foreign media news, the comprehensive factory acceptance test (FAT) of the PEACE submarine cable system has been completed.
Comprehensive foreign media news, the comprehensive factory acceptance test (FAT) of the PEACE submarine cable system has been completed.
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Brazil's 5G spectrum auction will take place in November
Time of Update: 2023-01-03
3GHz band will be divided into state and regional blocks, and the 2.
3GHz band will be divided into state and regional blocks, and the 2.
3GHz band will be divided into state and regional blocks, and the 2.
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India's petrochemical industry will create 100,000 jobs in the next decade
Time of Update: 2023-01-03
”India is likely to benefit from a lower crude outlook, which will improve the competitiveness of domestic manufacturing, and global supply chain restructuring is likely to stimulate India's demand for specialty chemicals over the next decade, which in turn will drive demand for petrochemicals.
