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Cuba aims to share 24% renewable energy by 2030
Time of Update: 2023-01-02
Cuba aims to get 24% of its electricity from renewable sources such as sugarcane biomass, solar panels, wind farms and small hydroelectric power plants by 2024.
Cuba aims to get 24% of its electricity from renewable sources such as sugarcane biomass, solar panels, wind farms and small hydroelectric power plants by 2024.
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Abu Dhabi's 2 GW solar tender attracts 48 developers
Time of Update: 2023-01-02
Reuters recently reported that 48 companies expressed interest in participating in the 2 GW solar tender announcement issued by the Emirates Hydropower Company (EWEC).
Reuters recently reported that 48 companies expressed interest in participating in the 2 GW solar tender announcement issued by the Emirates Hydropower Company (EWEC).
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From January to May, global enterprises purchased 5.7GW of clean energy capacity
Time of Update: 2023-01-02
Wind and solar have become the technologies of choice for companies signing clean energy power purchase agreements this year.
Wind and solar have become the technologies of choice for companies signing clean energy power purchase agreements this year.
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In 2019, global investment in renewable energy capacity was $282.2 billion
Time of Update: 2023-01-02
” Overall, despite the weak early months of 2019, the rise of onshore wind in the United States, China and Europe, particularly in the second half of the year, led to renewable energy investment throughout the year.
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Chilean Mining Industry Association: Copper prices are unlikely to rebound in 2020
Time of Update: 2023-01-02
Diego Hernandez, senior head of mining and president at Sonami, said demand for copper is not expected to increase significantly in 2020, making major miners cautious about increasing supply.
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H1 raised US$2.3 billion in global battery storage, smart network and energy efficiency companies
Time of Update: 2023-01-02
According to the report, the decrease in funding in the first half of 2019 was due to reduced financing activity for smart grid companies, while increased financing for battery storage and energy efficiency companies.
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Generous! 10 more large offshore wind farms are expected in the North Sea of Europe
Time of Update: 2023-01-02
The North Sea Offshore Wind Hub Initiative (NSWPH), prepared by a consortium of European energy companies TenneT, Energinet and Gasunie and the Port of Rotterdam, is seen as an important way for the Netherlands, Belgium, the United Kingdom, Norway, Germany and Denmark to meet the economic decarbonization targets agreed in the 2015 Paris climate agreement.
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Iberdrola of Spain plans to build five new power plants in Mexico for US$1.3 billion
Time of Update: 2023-01-02
Enrique Alba, CEO of Iberdrola Mexico, explained that the new facilities include two combined heat and power plants, two wind farms and a combined cycle power plant, which will be built this year and 2020, respectively, to meet the growing demand for manufacturing and industry in the country.
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The European Climate Analysis Group warns that the EU must accelerate the phase-out of coal
Time of Update: 2023-01-02
Coal power declined Although the EU reduced coal use in its power plants by 11 percent between 2000 and 2014, it wasn't fast enough, the report argued.
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Saudi Arabia plans to publish tender rules for its first nuclear reactor in 2020
Time of Update: 2023-01-02
Saudi Arabia plans to issue a multibillion-dollar tender in 2020 to build its first two nuclear power reactors and discuss the project with the United States and other potential suppliers, Reuters reported.
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The global hydrogen energy storage market will grow at a compound annual growth rate of 5.8% from 2019 to 2024
Time of Update: 2023-01-02
Increasing use of hydrogen in refineries and chemical industry and growing demand for hydrogen-powered fuel cells are the major factors driving the growth of the hydrogen energy storage market in North America.
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The Lamu coal power station in Kenya, which is built with the participation of Chinese enterprises, may start construction
Time of Update: 2023-01-02
According to local radio station Kapital FM, Kenya's energy cabinet secretary Charles Keter has confirmed the news, calling it "one of the largest schemes under the framework of public-private partnerships".
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Spanish grid company REE invests 3.2 billion euros in high-voltage transmission systems
Time of Update: 2023-01-02
High-voltage transmission This amount represents 53% of the total investment budget of €6 billion in the 2018-2022 strategic plan, REE said.
High-voltage transmission This amount represents 53% of the total investment budget of €6 billion in the 2018-2022 strategic plan, REE said.
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The global battery energy storage market is expected to reach $5.7 billion in 2020
Time of Update: 2023-01-02
According to the report, due to the impact of the COVID-19 virus pandemic, the global battery energy storage market will reach $5.
According to the report, due to the impact of the COVID-19 virus pandemic, the global battery energy storage market will reach $5.
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The global fiber optic cable market will grow at a compound annual growth rate of 11.18% from 2019 to 2025
Time of Update: 2023-01-02
Fiber optic cable Fiber optic cables are high-speed data transmission cables that transmit data through light waves, enabling them to transmit information at the speed of light.
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By the end of 2021, the Brazilian government will hold nine rounds of clean electricity tenders
Time of Update: 2023-01-02
Brazil's Ministry of Energy and Mines (MEM) has released a new energy tender schedule, and by the end of 2021, the Brazilian government will hold nine external tenders: six for new large-scale power projects and three for existing plants.
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India will sell shares in state-owned oil and gas companies and coal companies in 2019-20
Time of Update: 2023-01-02
The report said the government was likely to sell 10 per cent stakes each of GIC and New India Insurance Corporation to raise Rs 60-700 crore to raise funding.
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Due to the pandemic, the UK-Netherlands submarine cable maintenance schedule has been postponed to September
Time of Update: 2023-01-02
It is understood that the UK-France IFA grid interconnection system with a capacity of up to 2GW will be limited to 1GW availability from September 21 to October 16 for planned maintenance.
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ADB's $100 million financing for renewable energy projects in Pacific island countries
Time of Update: 2023-01-02
As part of its ongoing Pacific Renewable Energy Program, the Asian Development Bank (ADB) approved a financial services agreement of up to $100 million to provide financing support, including loans, guarantees, and letters of credit, for power projects in Pacific island countries to overcome private sector investment constraints in renewable energy.
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Global sustainable debt issuance reached a record high of US$465 billion in 2019
Time of Update: 2023-01-02
According to the latest data from the comprehensive sustainable debt sector held by research firm Bloomberg New Energy Finance (BNEF), the cumulative issuance of sustainable debt exceeded the $1 trillion mark last year, reaching $1.
