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Harvard University announced it would stop investing in fossil fuels
Time of Update: 2023-01-03
In a message posted on Harvard's website, President Lawrence Bacow said that given the need to decarbonize the economy, as of June, the university's endowment fund did not invest directly in fossil fuel exploration or development companies and would not make such investments in the future.
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The global solid oxide fuel cell market size is approximately USD 2.9 billion in 2025
Time of Update: 2023-01-03
The major drivers for the solid oxide fuel cell market include government subsidies and increasing fuel cell program R&D; The flexibility of fuels and the growing demand for energy-efficient power generation in Europe and North America and stringent emission standards have led to an increased demand for clean energy.
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India's oil demand will more than double by 2045
Time of Update: 2023-01-03
India will remain dependent on oil despite the Modi government's focus on a faster transition to clean energy despite its focus on a faster transition to clean energy, with its demand set to more than double to 11 million barrels per day by 2045, leaving fuel consumers vulnerable to fluctuations in the crude oil market, according to the 2021 World Oil Outlook released by OPEC.
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The project of submarine cable from mainland Greece to Crete was installed
Time of Update: 2023-01-03
Italian cable manufacturer Prysmann was awarded a supply contract in 2020 totalling €270 million for the project, which includes €250 million for the design, supply, installation and commissioning of a high-voltage DC cable system, and €20 million for the laying of submarine communication cables, covering a total length of 670 km.
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In 2020, DRC copper production increased by 11.8% year-on-year to 1.587 million tons
Time of Update: 2023-01-03
Central bank statistics show that copper production reached 1.
Central bank statistics show that copper production reached 1.
Central bank statistics show that copper production reached 1.
Central bank statistics show that copper production reached 1.
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Russia's oil exports from the West Sea will halve in May
Time of Update: 2023-01-03
" ” Brent crude futures hit a 20-year low earlier this week, meaning Urals exports are losing money given discounts relative to European benchmarks and Russian export tariffs.
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Iraq seeks international investors to build solar power plants with a total capacity of 750MW
Time of Update: 2023-01-03
The Iraqi government is keen to expand its small-scale power generation capacity and is currently in talks with a number of international companies, including France's Total and Norwegian businesses, to discuss building solar projects.
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Chile's US$1.4 billion copper mine expansion project is about to begin
Time of Update: 2023-01-03
Codelco said in a statement that the Rajo Inca project aims to convert Salvador from an underground mine to an open-pit mine and requires the company to first strip the rock that covers the deposit.
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India will implement a coal import monitoring system from February next year
Time of Update: 2023-01-03
"The Coal Import Monitoring System (CIMS) should require importers to submit advance information in the online system to import articles and obtain an automatic registration number by submitting a registration fee in a ratio of 1000:1, but with a minimum of Rs 500 and a maximum of Rs 100,000.
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Ascenty's two data centers in Brazil were successfully connected to the United States
Time of Update: 2023-01-03
” Once connected, Ascenty will provide users with fast and stable Internet exchange access, which is strategic for customers who rely on international traffic.
” Once connected, Ascenty will provide users with fast and stable Internet exchange access, which is strategic for customers who rely on international traffic.
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Iraq plans to increase share of clean energy to 33% by 2030
Time of Update: 2023-01-03
” Iraq has signed agreements with France's Total and Abu Dhabi-based Masdar to build solar power plants, and plans to finalize similar deals with Saudi Arabia's Acwa Power, China Power and others.
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Europe aims to achieve 80% of low-carbon electricity by 2030
Time of Update: 2023-01-03
” He added: "To achieve the 2030 target, and even further, we must urgently remove barriers to stimulate the development of low-carbon energy sources such as wind and solar.
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Middle East & Africa power tenders up 2% in August
Time of Update: 2023-01-03
According to GlobalData's electricity database, tender activity related to power sector projects in the Middle East and Africa (MEA) region grew 2 percent in August, with 83 tenders announced, compared to a quarterly average of 81 over the past 12 months.
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BASF and RWE plan to build a 2 GW offshore wind farm
Time of Update: 2023-01-03
” The fate of the project hinges on a number of regulatory factors, including faster tenders for potential sites in the North Sea and the exemption of renewable energy from a huge green electricity tax in Germany.
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Bulgaria plans to add 2.6GW of renewable energy capacity by 2030
Time of Update: 2023-01-03
According to the draft Sustainable Energy Development Strategy to 2030, published on the website of the National Parliament, Bulgaria aims to reach 2,645 MW of new renewable energy generation capacity by this decade by 2050.
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MTN Uganda Telecom shares sale is open to East African investors
Time of Update: 2023-01-03
Reuters reported that the 20% stake that African telecommunications company MTN Uganda plans to sell will be limited to Ugandan enterprises or other citizens (investors) of the East African Community.
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The UAE section of the AAE-1 submarine cable system completed fault repair
Time of Update: 2023-01-03
”In addition, the previously reported S1H segment fault of the AAE-1 submarine cable will be repaired by November 14.
”In addition, the previously reported S1H segment fault of the AAE-1 submarine cable will be repaired by November 14.
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Oman's standard-grade gasoline production fell 34% from January to September to 7.05 million barrels
Time of Update: 2023-01-03
Domestic sales of jet fuel fell by 62%, while LPG rose 5% at the end of September 2020.
Domestic sales of jet fuel fell by 62%, while LPG rose 5% at the end of September 2020.
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The world's top 10 low-cost operating copper mines in the second quarter
Time of Update: 2023-01-03
In second and third place are the two mines owned by First Quantum Minerals, namely Guelb Moghrein in Mauritania and Las Cruces in Spain, with AISC metrics of $1,918/mt and $2,050/mt respectively, while Vancouver's Zambian copper mining operations also feature in the top ten.
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India's thermal coal imports from April to December fell 16.43% year-on-year to 55.16 million tons
Time of Update: 2023-01-03
Between April and December of the last fiscal year, these ports processed 66 million tonnes of thermal coal and 42 million tonnes of coking coal.
Between April and December of the last fiscal year, these ports processed 66 million tonnes of thermal coal and 42 million tonnes of coking coal.
