Scotland has become a world leader in sourcing its electricity from renewables, after a record year in 2017 for creating eco-friendly energy, figures show. The nation got more than two-thirds – 68.1 per cent – of its electricity from green schemes last year – an increase of 26 per cent on the year before. The […]

The North East is a step closer to sourcing and selling its own energy, with the set-up of a community energy network. Following on from Yackandanah’s pilot program involving a “mini-grid” of homes in the town, the network is setting up a system to allow other communities to generate electricity themselves using a solar and […]

NEW DELHI: Targeting NTPC for supplying Bangladesh electricity generated using cheap domestic coal, the Association of Power Producers has written to the government saying such sale violates extant policy and hurts interest of domestic power consumers. The lobby group, whose members include Tata Power, Reliance Power and Adani Power, asked the government to issue a […]

LONDON—Royal Dutch Shell PLC is on a spree of small but strategic acquisitions in an area oil companies have long avoided: the power sector. In the past few months, the British-Dutch oil giant bought a utility, an electric-car charging business and a stake in a solar-power company, part of a broader long-term plan to marry […]

TOKYO: SoftBank Group Corp Chief Executive Masayoshi Son announced on Wednesday a $200 billion solar power project in Saudi Arabia, which he described as “the world’s biggest solar power generation.” The project is in cooperation with the kingdom’s young and powerful Crown Prince Mohammed bin Salman, a partner in the SoftBank Vision Fund, set up […]

Coal and gas are facing a mounting threat to their position in the world’s electricity generation mix, as a result of the continuous decrease in cost not just for wind and solar technologies, but also for batteries. According to research from Bloomberg New Energy Finance (BNEF), fossil fuel power is facing an unprecedented challenge in […]

The Egyptian Electricity Holding Company (EEHC) has negotiated with five local banks to borrow $90m to finance the maintenance programmes of Upper Egypt Electricity Production Company (UEEPC). UEEPC Chairperson Ibrahim El-Shahat said that the loan that was agreed with a local bank to finance the maintenance work has been cancelled, so the EEHC began negotiating […]

Renewable sources of energy made a record contribution to US net electricity generation last year as the share of fossil fuels in the country’s power sector continues its retreat. The proportion of renewable energy, such as hydropower and solar PV, in the country’s fuel basket mix rose to 17.1% last year, according to data released […]

As long as the lights turn on, most people do not give much thought to the electricity in their homes. To some extent, this demonstrates how stable the utility industry has been for decades. After the major pushes to electrify the country a century ago, the industry itself has changed slowly, primarily by integrating new […]

TIRANA: Albania aims to float state-owned electricity distributor OSHEE on the stock market this year, Prime Minister Edi Rama said on Monday. If it goes ahead, it will be the first public offering of shares in a major state-owned company in Albania, but Rama did not say how many shares would be sold or which […]

GENEVA, March 26 (Xinhua) — Electricity consumed in Switzerland is ever greener and cleaner, with more than 62 percent of electric power from renewable sources and nuclear down to 17 percent, according to a latest report by the Federal Office of Energy on Monday. The report, which refers to statistics in 2016, gathers each year […]

Renewable energy generated more electricity than brown coal during Australia’s summer for the first time in 2017-18, according to a new report by Green Energy Markets. Continued growth in solar pushed renewable generation in Australia to just under 10,000 gigawatt hours between December 2017 and February 2018. With the Hazelwood plant knocked out of the […]