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Chilean copper shipments reached $2.76 billion in August, down 11% year-on-year
Time of Update: 2023-01-03
" ” Although the market focuses more on volume than revenue, as changes in income also reflect price action, the average copper futures in August were slightly higher than in July.
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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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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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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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The cost of green hydrogen is expected to fall by more than 50% by 2030
Time of Update: 2023-01-03
” The Energy and Resources Institute of India (TERI) said in a report released on Wednesday that the cost of green hydrogen will be reduced by more than 50 percent by 2030 and will start competing with hydrogen from fossil fuels.
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IEA: Renewables will account for 95% of global electricity added by 2025
Time of Update: 2023-01-03
renewable energy India will be the largest contributor to renewable energy growth in 2021, with the country's annual increase expected to double in 2021 compared to 2020, the report said.
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The epidemic hits the aviation industry GE lost $2.18 billion in Q2
Time of Update: 2023-01-03
General Electric GE said free cash outflows from industrial operations totaled $2.
General Electric GE said free cash outflows from industrial operations totaled $2.
General Electric GE said free cash outflows from industrial operations totaled $2.
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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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Portugal's 700 MW solar tender was 10 times oversubscribed
Time of Update: 2023-01-03
solar energy Portugal's environment minister said that 35 bids have been awarded for one bid, and the auction is scheduled for August 24-25.
solar energy Portugal's environment minister said that 35 bids have been awarded for one bid, and the auction is scheduled for August 24-25.
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The Cyprus-France-Egypt submarine cable system ARSINOE was built
Time of Update: 2023-01-03
Cyta, a Cypriot telecommunications company, has confirmed its readiness to begin deploying the ARSINOE submarine cable system after obtaining an operating license from the Ministry of Transport and Engineering.
ARSINO is expected to be operational (RFS) in the first quarter of 2022.
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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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India plans to achieve zero-carbon rail operations by 2030
Time of Update: 2023-01-03
Indian Railways has 51,000 hectares of land potential that could be used to install 20GW of terrestrial solar power plants.
Indian Railways has 51,000 hectares of land potential that could be used to install 20GW of terrestrial solar power plants.
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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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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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The Africa-Europe submarine cable ACE completed fault repair
Time of Update: 2023-01-03
Submarine cables Lamin Jabbi, managing director of GSC, said: "We have taken immediate action and the cable laying vessel arrived at the site on Monday, January 4 to investigate and repair it.
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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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NEC Japan undertook to build the MIST submarine cable system
Time of Update: 2023-01-03
” Orient Link has signed a cooperation agreement with Japan's NEC Group to build a MIST submarine cable system directly connecting Singapore, Malaysia, Myanmar, Thailand and India.
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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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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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France announces 1.6GW renewable energy tender
Time of Update: 2023-01-03
In the tender for self-consumption solar, CRE noted that 50 MW of capacity is offered, but capacity could increase to 100 MW if eligible projects exceed the initial target.
