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Estonia launches its first offshore wind farm licensing process
Time of Update: 2023-01-02
Eesti Energia said: "The production of this offshore wind farm will meet almost half of Estonia's energy needs, which is an important step towards climate neutrality by 2050.
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2020-25 Global Energy IoT Market Grows at a CAGR of 11%
Time of Update: 2023-01-02
The major factors expected to drive the growth of IoT in the energy market include IoT's ability to improve energy efficiency, advantages of IoT-based agile systems, response to cyberattacks, and increasing need to enhance the health and safety of employees.
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The Middle East data storage market will reach $8.5 billion by 2027
Time of Update: 2023-01-02
Data storage Across the Middle East, governments, banks, finance and education companies are leading the digital transformation agenda, which is accelerating as organizations drive remote work and e-commerce amid the Covid-19 coronavirus.
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By 2023, the global demand for power transmission and distribution equipment will reach 172 billion US dollars
Time of Update: 2023-01-02
” The main factors for the steady growth in global demand for power transmission and distribution equipment are the growth of demand in developing countries led by China and India.
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India will invest $60 billion to increase gas supplies
Time of Update: 2023-01-02
” India is planning to invest $60 billion in gas supply and distribution infrastructure to more than double its share of gas on the energy base to 15 percent by 2030, Oil Minister Dharmendra Pradhan said on Sunday.
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By 2027, the global 5G infrastructure market size may exceed $47.7 billion
Time of Update: 2023-01-02
The increase in cross-industry M2M connectivity is also expected to drive the growth of the 5G infrastructure market during the forecast period.
The increase in cross-industry M2M connectivity is also expected to drive the growth of the 5G infrastructure market during the forecast period.
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0.27 yuan/kWh: the lowest bid price in a German solar tender
Time of Update: 2023-01-02
4 RMB/kWh. The average winning price of this round of tenders was €0.
4 RMB/kWh. The average winning price of this round of tenders was €0.
4 RMB/kWh. The average winning price of this round of tenders was €0.
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The Welsh-Ireland subsea HVDC system is scheduled to come on stream in 2023
Time of Update: 2023-01-02
" ” According to reports, the Greenlink grid interconnection project is developed by Greenlink Interconnector, a subsidiary of Irish power company Element, with a total investment of 400 million euros.
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Energy transition leads to 30% increase in electricity prices in Europe by 2025
Time of Update: 2023-01-02
The EU said Germany, a net exporter of electricity to Europe, is likely to become increasingly dependent on imports as it plans to shut down significant nuclear and coal-fired power generation in the coming years.
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National Australia Bank cut its 2019 thermal coal price forecast
Time of Update: 2023-01-02
" "Chinese thermal coal buyers are reportedly turning to other suppliers, with delays in customs clearance of Australian coal by Dalian Port Group extended in recent weeks," National Australia Bank said in its monthly Minerals and Energy Outlook.
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By 2025, India will surpass China as the largest importer of coking coal
Time of Update: 2023-01-02
4% between 2019 and 2028, mainly driven by the same strong growth in the country's steel production," the report said, "As a result, we expect India to overtake China as the world's largest importer of coking coal by 2025.
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U.S. onshore wind is expected to reach 122 GW by the end of 2020
Time of Update: 2023-01-02
S. Energy Information Administration (EIA), cumulative installed capacity of onshore wind in the United States has exceeded 100 GW as of September 2019 and could reach 122 GW by the end of 2020.
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Myanmar launches 1 GW solar project tender program
Time of Update: 2023-01-02
solar energy According to the announcement, 30 solar power plants with an installed capacity of 30-40 MW will be tendered this time, and all independent power generators who win the bid will receive 20-year power purchase agreements.
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The global switchgear monitoring system market will reach $2 billion by 2023
Time of Update: 2023-01-02
With the high rate of global electricity demand, new power plants are being installed at a rapid pace to meet the growing demand for electricity.
With the high rate of global electricity demand, new power plants are being installed at a rapid pace to meet the growing demand for electricity.
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Poland has installed more than 1.8 GW of solar PV
Time of Update: 2023-01-02
According to data available to the Polish Transmission System Operator (TSO), by the end of April, Poland's solar power capacity had exceeded 1.
According to data available to the Polish Transmission System Operator (TSO), by the end of April, Poland's solar power capacity had exceeded 1.
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Ukraine intends to auction 5G spectrum in 2020
Time of Update: 2023-01-02
Ukraine's Minister of Infrastructure Vladimir Omelyan revealed that Ukraine's 5G spectrum auction will be launched in 2020 by telecommunications regulator NCCIR.
Ukraine's Minister of Infrastructure Vladimir Omelyan revealed that Ukraine's 5G spectrum auction will be launched in 2020 by telecommunications regulator NCCIR.
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India's dependence on imported oil will increase to 90% by 2040
Time of Update: 2023-01-02
This means that despite the government's emphasis on renewable energy and electric vehicles, the Indian economy will continue to rely on oil or fossil fuels in the short term.
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Oil prices plummet, India will save $45 billion in oil imports next fiscal year
Time of Update: 2023-01-02
India imports 80 percent of its crude oil needs as the spread of the novel coronavirus has pushed global oil prices down, likely saving up to $45 billion in oil imports in the next fiscal year, according to the Confederation of Indian Industry (CII).
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The cost of solar PV systems in the United States fell more than expected
Time of Update: 2023-01-02
Cox added: "As the solar industry will disrupt demand due to the coronavirus in 2020, we expect demand to pick up again before the end of the year and before the ITC declines in 2021.
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Singapore-India-Myanmar submarine cable system MIST is being built
Time of Update: 2023-01-02
Submarine cables According to reports, the submarine cable system named "MIST" will be designed using 400Gbps DWDM technology, with a total design capacity of 240Tbps and a total length of 11,000 kilometers.
