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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 Mainland Greece-Crete Power Interconnection Project received nearly €180 million in loans
Time of Update: 2023-01-02
Not only that, but the new electricity interconnection project can also promote the development of renewable energy sources on the island, especially wind power, which is expected to provide clean electricity to mainland Greece while wind power is surplus.
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The world's top 10 cities with the most carbon emissions announced that Beijing and Shanghai were on the list
Time of Update: 2023-01-02
According to the report, the carbon footprint of a large-scale, high-spending city in the world is comparable to that of a small country.
According to the report, the carbon footprint of a large-scale, high-spending city in the world is comparable to that of a small country.
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U.S. EIA adjusted its full-year coal production forecast to 688 million short tons
Time of Update: 2023-01-02
According to the August forecast report, coal exports are expected to reach 100 million short tons this year, up 4.
According to the August forecast report, coal exports are expected to reach 100 million short tons this year, up 4.
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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.
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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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Responding to the transition to the energy transition Germany is expanding renewable energies
Time of Update: 2023-01-02
Analysts say the variability of solar power means that energy storage capacity will also need to be significantly increased.
Analysts say the variability of solar power means that energy storage capacity will also need to be significantly increased.
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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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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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IEEFA: The global cost of solar capital has dropped significantly due to the pandemic
Time of Update: 2023-01-02
Bid prices for solar projects in Abu Dhabi hit new lows in 2020 Image source: IEEFA In a recently published report, Buckley said: "For solar, the required tax rate is a direct function of the solar resource, the capital cost of installation, and the required return on debt.
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The forecast for the global shore power market in 2020 has been lowered to $1.1 billion
Time of Update: 2023-01-02
Shore power In 2020, due to the impact of the novel coronavirus, the global recession was severely affected, and both global trade and tourism were severely affected, which eventually led to a sharp decline in demand in this market.
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The African Development Bank approved a US$200 million loan to support Nigeria's power development
Time of Update: 2023-01-02
Wale Shonibare, acting vice president of power, energy, climate and green growth at the African Development Bank, claimed the bank is ready to provide more assistance to Nigeria in the future.
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IRENA: 46% reduction in the cost of concentrated solar power generation from 2010 to 2018
Time of Update: 2023-01-02
In its latest report "Renewable Energy Generation Costs" in 2018, IRENA analyzes several financial and technical parameters related to concentrated solar power projects.
In its latest report "Renewable Energy Generation Costs" in 2018, IRENA analyzes several financial and technical parameters related to concentrated solar power projects.
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Mining revenues from renewable energy and energy storage will be approximately $122 million in 2027
Time of Update: 2023-01-02
Global renewable energy and energy storage capacity in this market will triple during the forecast period, with growth in the Asia-Pacific region driving some of the world's largest mining economies, including China, India and Australia, according to the report.
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In 2018, the scale of global energy industry mergers and acquisitions fell by 20% to $255 billion
Time of Update: 2023-01-02
A new report by world-renowned international law firm Baker McKenzie shows that M&A activity in the energy sector fell by 20% in 2018 and is expected to decline further in 2019 before picking up in 2020.
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India's rooftop solar and agricultural solar are supported by the government with about $6.5 billion
Time of Update: 2023-01-02
Under the plan, the National Housing Association and the Residents' Welfare Association will receive financial support to install rooftop PV, as India aims to achieve 40 GW of rooftop solar installed capacity by 2022, accounting for 40% of the country's 100 GW solar target.
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Brazil received a loan of 390 million euros for 1,200 km of high-voltage transmission lines
Time of Update: 2023-01-02
Specifically, the borrowing company Chimarrao Transmissora de Energia will build transmission lines in the Brazilian state of Rio Grande do Sul through this €389 million loan to connect wind power projects in southern Brazil to generate electricity.
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Study calls on South Asian countries to reduce their reliance on coal power and transition to clean energy
Time of Update: 2023-01-02
Coal power The report said that coal development plans in these regions are threatening the goal of limiting global warming and violating the Paris Agreement.
Coal power The report said that coal development plans in these regions are threatening the goal of limiting global warming and violating the Paris Agreement.
