CNBC/16-01-2020 Germany’s federal government and the four Germanstates where lignite –or brown coal –is mined have agreed to “a way forward” for the phase out of coal-fired power stations in the country. In an announcement Thursday, the federal government said it would provide 40 billion euros ($44.52 billion) to the federal states affected by the […]

Reuters/16-01-2020 LONDON: Clean energy investment in the United States surged to a fresh record of $55.5 billion last year, despite the government’s attempts to roll back supportive policies, a report showed on Thursday. As renewable energy costs have plunged and onshore wind and solar developers rushed to qualify for tax credits before they are scaled […]

Bloomberg/04-01-2020 LONDON: Coal consumption is set to rise in the coming years as growing demand for electricity in developing countries outpaces a shift to cleaner sources of electricity in industrialized nations. While use of the most polluting fossil fuel had a historic dip in 2019, the International Energy Agency anticipates steady increases in the next […]

The Guardian/01-01-2020 LONDON: Zero-carbon energy became Britain’s largest electricity source in 2019, delivering nearly half the country’s electrical power and for the first time outstripping generation by fossil fuels. Following a dramatic decline in coal-fired power and arise in renewable and low-carbon energy, 2019 was the cleanest year for electrical energy on record for Britain, […]

Business Recorder/24-11-2019 CAIRO: Egyptian authorities urged that they have signed several multimillion-dollar energy investment accords including a $430-million deal for Texas-based Noble Energy to pump natural gas through the East Mediterranean Gas Company’s pipeline. Under another agreement with Noble, which will also be financed by the US International Development Finance Corporation, the energy company will […]

Business Recorder/21-11-2019 BEJING: China plans to add new coal power plants equivalent to all of the EU’s current generating capacity, putting the world’s biggest emitter out of sync with its commitments to combat climate change, researchers said Wednesday. China built enough new plants between January 2018 and June 2019 – nearly 43-gigawatt worth of capacity […]

CNBC/18-11-2019 NEW YORK: A new study led by Princeton University researchers found that from 1978 to 2010 wind speeds decreased by about 2.3% per decade, but that things began to shift in 2010. Between 2010 and 2017 speeds increased roughly 7%, which means that an average wind turbine produced 17% more energy in 2017 than […]

Source: Reuters Tokyo: The Japanese renewable energy company, “Univergy Solar”, is to invest more than $200 million in two Solar Power Projects in Zambia that will add 200 megawatts (MW) to the country’s national grid next year. Zambia primarily relies on hydropower and has an electricity shortfall of about 750 MW due to low water […]

Source: Carbon Brief   London: Interestingly, in the third quarter of 2019, UK’s wind farms, solar panels, biomass, and hydro plants generated more electricity than the combined output from power stations fired by coal, oil, and gas. According to an empirical research conducted by the Carbon Brief, renewables generated an estimated total of 29.5 terawatt […]

London: The famous tech giant Amazon announced three renewable energy projects, saying it was committed to minimizing carbon emissions following criticism earlier this year. According to the sources, the facilities would provide energy to its Amazon Web Services data centers. A wind farm, with an all-out capacity of 50 megawatts (MW), will be sited on Scotland’s […]

Source: PV Magazine Rome: The Chinese state-owned PV manufacturer Jetion Solar says it has signed an agreement with the Italian government-owned oil and gas major Eni to develop a slew of new Solar Projects of capacity equivalent to 1 GW crosswise in five regions in the next three years in a contract worth €2 billion. […]

Source: Reuters Copenhagen: Offshore wind could develop a cornerstone of the world’s power supply as steep cost diminutions and enhanced technology unleash the potential of the green energy source, said the International Energy Agency (IEA). The agency further said that the concept of renewables replacing fossil fuel is essential to meet a internationally agreed goal […]