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Category: Global News

Global NEWS

Egypt’s Ministry of Electricity is planning to impose a minimum quota of renewable energy consumption on factories operating in the local market by mid 2019, a source told Al-Mal Newspaper. Renewable energy consumption will increase to contribute to around 6-8 percent of the total energy produced, a ministry source said, adding that the decision of […]

President Abdel Fattah al-Sisi and the EU Climate Action and Energy Commissioner Miguel Arias Canete discussed issues of the environment, climate change, the volume of development in the electricity sector, and the mechanisms of intensifying cooperation between Egypt and the European Union on Tuesday. Sisi stressed that the government has adopted a comprehensive and ambitious […]

Jakarta – State electricity company PLN president director Sofian Basir stated the company suffered loses around Rp10 billion in a year due to the electricity theft. “Please share that theft is a criminal act,” he said in the Parliament complex, Tuesday, April 24. Sofian revealed the theft was done by industries and households in every […]

CAIRO: Deputy Electricity Minister Osama Asran and First Undersecretary of the Ministry Mohammed Mossa Omran headed to Sudan on Monday to agree upon the terms of the electricity interconnection project between the two countries. An official source in the Ministry of Electricity and Renewable Energy said that Asran is expected to sign a memorandum of […]

The Nepal Electricity Authority (NEA) signed a draft power purchase agreement (PPA) with Tanahu Hydropower Limited on Friday to buy the electricity generated by the Tanahu Hydropower Project. The deal needs to be endorsed by the board of directors of the state-owned power utility. Pradip Kumar Thike, managing director of Tanahu Hydropower Limited, a wholly […]

Jordan is pressing ahead with its first electricity storage project to bolster its expansion in solar and wind generation. The Middle Eastern kingdom expects to sign a contract for a 30-megawatt battery in the third quarter, according to Energy and Mineral Resources Minister Saleh Al Kharabsheh. The project, which was tendered last year, will help […]

Kolkata– India’s Coal Ministry has requested thermal power generation companies to increase plant level coal stocks to about 30-million tons, from 16.5-million tons at present, ahead of the monsoon season starting in June. Coal Secretary Susheel Kumar has said that a production and supply plan is being prepared to avoid a repeat of last year’s […]

Kampala. The cost of electricity is expected to remain high due to low consumption and high capital investments (in terms of loans), the Electricity Regulatory Authority chief executive officer has said. Speaking at a media briefing to address the state of the energy sector in Kampala yesterday, Ms Ziria Tibalwa Waako, the ERA chief executive […]

The outlook for a pickup in Danish inflation has deteriorated significantly in recent months as inflation has fallen sharply from 1.6 percent in September to 0.5 percent in March. Now, the probability that inflation will remain below one percent going into next year has increased. The reason is the upcoming energy settlement, which could end […]

French oil major Total said on Wednesday it would buy Direct Energie in a €1.4bn deal, continuing its expansion into the residential power market and throwing down a gauntlet to incumbents like EDF. Total said Direct Energie’s board had approved Total’s plan to acquire three-quarters of the French energy retailer’s capital. Patrick Pouyanné, Total chief […]

According to data from Associacao de Energias Renovaveis (APREN) in Portugal, a renewable record was set in March 2018, with renewable electricity production surpassing the demand of mainland Portugal. This resulted in electricity prices on the Iberian wholesale market being reduced by 10%, an export electricity balance of 878 GWh, and emission of 1.8 million […]

Wind power generated a record 6.3-percent share of total U.S. electricity last year, with four states generating more than 30 percent of their electricity from wind power, the American Wind Energy Association (AWEA) said in its newly released U.S. Wind Industry Annual Market Report 2017. In 2016, wind accounted for almost 6 percent of the […]