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Morocco plans to achieve 100% renewable energy by 2050
Time of Update: 2023-01-03
renewable energy According to 2019 data, renewable energy accounts for about 35% of the country's electricity demand.
renewable energy According to 2019 data, renewable energy accounts for about 35% of the country's electricity demand.
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Investment bank BMO raised its price forecast for base metals such as nickel and aluminum
Time of Update: 2023-01-03
Cobalt prices are expected to move higher at the end of the year due to a strong cyclical and structural demand outlook, and the central bank is also more bullish on nickel, now expecting a deficit in 2021, compared with a surplus of 100,000 tonnes previously expected.
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The global substation automation market will grow at a compound annual growth rate of 6.3% from 2021 to 2026
Time of Update: 2023-01-03
The report believes that the growing demand for low-cost, more flexible substation solutions is the major driver contributing to the steady growth of this market during the forecast period.
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The Ireland-Iceland submarine cable system IRIS completes the second phase of marine surveys
Time of Update: 2023-01-03
IRIS is approximately 1,750 kilometres long and will connect Thorlakshofn in Iceland with Ballyloughane Strand in Galway, Ireland.
IRIS is approximately 1,750 kilometres long and will connect Thorlakshofn in Iceland with Ballyloughane Strand in Galway, Ireland.
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Telefónica plans to sell its submarine cable business
Time of Update: 2023-01-03
Telefonica, a Spanish telecommunications company, plans to partially sell the submarine infrastructure operated by its Telxius, and then split the assets into its independent infrastructure division, Telefonica Infra, established in 2019.
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Global spending on distributed energy resources in commercial buildings will reach $17.6 billion in 2021
Time of Update: 2023-01-03
Overall spending on distributed energy resources in commercial buildings in North America is expected to jump from $3.
Overall spending on distributed energy resources in commercial buildings in North America is expected to jump from $3.
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Q1 syndicated loans in the MENA region grew nearly 150% to US$25.3 billion
Time of Update: 2023-01-03
Bonds and sukuk: MENA regional bonds and sukuk grew steadily in 2021, with first-quarter trading volumes up 100% to $41.
Bonds and sukuk: MENA regional bonds and sukuk grew steadily in 2021, with first-quarter trading volumes up 100% to $41.
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Siemens Energy announced that it will no longer bid for coal-fired power plant projects
Time of Update: 2023-01-03
” Siemens Energy, which holds a 67% stake in wind turbine manufacturer Siemens Gamesa, revealed that earnings before interest, taxes, taxes and amortization (EBITA), excluding special items, fell 87% to EUR 70 million in the fourth quarter due to impairment and restructuring costs.
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Chile: Copper production costs down 17% in the first half of the year
Time of Update: 2023-01-03
Chile, the world's largest copper mining market, saw production costs fall 17 percent in the first half of 2020 as the coronavirus outbreak is sweeping the country, Chile's mining ministry said Thursday.
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BHP Billiton: Global demand for battery metals will double in the next 30 years
Time of Update: 2023-01-03
BHP Chief Commercial Officer Vandita Pant said at the FT Commodities Asia Summit on Wednesday that demand for battery metals will quadruple over the next 30 years as the world transitions to a green economy.
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India: Global fossil fuel power generation has peaked
Time of Update: 2023-01-03
New research from India's Energy, Environment and Water Commission (CEEW) and financial think tank Carbon Tracker shows that emerging markets are already "leapfrogging" away from fossil fuel infrastructure and moving directly towards green power generation.
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Zambia plans to limit the number of mining licenses for a single enterprise
Time of Update: 2023-01-03
Zambia, Africa's second-largest copper producer, said it plans to limit the number of mining licenses a company can hold at one time to curb speculation and boost investment.
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The German Rheinland Group won 17 MW of subsidized wind power projects
Time of Update: 2023-01-03
The developer said earlier this week that the subsidy, issued by Germany's Federal Network Agency, involves the Sanbostel-Bevern wind power project in the Rothenburg region of Lower Saxony.
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Indonesia plans to stop importing liquefied petroleum gas and fuel by 2030
Time of Update: 2023-01-03
Indonesia will stop imports of liquefied petroleum gas (LPG) and fuels by 2030 and plans to make major reforms to its energy infrastructure to achieve that goal, a senior energy ministry official said on Thursday.
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By 2030, Google will invest 1 billion euros to expand its data center in Germany
Time of Update: 2023-01-03
Online search giant Google said Tuesday it would invest 1 billion euros in Germany by 2030 to expand its data center operations and ensure the operation of renewable energy.
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The UK wants a global deal to stop financing coal projects
Time of Update: 2023-01-03
Senior British government ministers recently said the UK wants to broker a global agreement to halt cross-border financing of coal projects when it hosts a major climate conference in November.
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The ACE submarine cable system was expanded to a total capacity of 20 Tbps
Time of Update: 2023-01-03
ACE The ACE Cable Developer Consortium also confirmed the news last week and announced an increase in the total design capacity of the entire ACE cable system from 12.
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The London Stock Exchange sets a 15% limit on all physically delivered metals
Time of Update: 2023-01-03
The London Metal Exchange LME said it had imposed daily price limits on all its metals and would commission an independent review of the events that caused turmoil in the nickel market last month.
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Greece will deploy 2.8 GW of solar and wind power projects
Time of Update: 2023-01-03
Domestic renewable energy producer Terna Energy will invest about 585 million euros in the construction of 18 wind farms.
Domestic renewable energy producer Terna Energy will invest about 585 million euros in the construction of 18 wind farms.
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Q1: Global solar company financing reached US$7.5 billion, up 51%
Time of Update: 2023-01-03
0 billion raised in 32 transactions in the fourth quarter of 2021, the quarter increased 51% sequentially, but decreased 7% from the first quarter of 2021.
0 billion raised in 32 transactions in the fourth quarter of 2021, the quarter increased 51% sequentially, but decreased 7% from the first quarter of 2021.
