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Category: Global News

Global NEWS

Reuters/13-11-2019 SHANGHAI: In an aggressive drive towards sustainable power production, China is planning to put an ultimate ban on the construction of small hydropower plants in regions that previously have an electricity surplus and encourage construction of new dams in poor and remote locations with little grid access. China’s National Energy Administration said the draft […]

Guardian/08-11-2019 BRUSSELS: In a joint session the EU finance ministers urged that the European Union should phase out its funding of oil, gas and coal projects in a move that could mark a major shift in the bloc’s efforts to combat climate change. It is the first time EU finance ministers have backed a declaration […]

CNBC/01-11-2019 A new report from the American Wind Energy Association (AWEA) claimed that the US embodied an accumulated amount of 100 Gigawatt Wind Energy capacity. According to the AWEA’s “U.S. Wind Industry Third Quarter 2019 Market Report”, 1,927 megawatts – a little less than 2 GW – of wind power capacity was commissioned in the […]

The South Korean Ministry of Trade, Industry and Energy (MOTIE) announced an intention to build a 2100 MW floating solar power plant close to Saemangeum, an estuarine tidal flat on the coast of the Yellow Sea. The project is currently under the review stage and will start during the second half of 2020. The project will […]

The International Finance Corporation (IFC), member of the World Bank, and state-owned Mozambican power utility Electricidade de Mozambique have issued a have issued a Request for Expression of Interest for consultants to support the development of small solar parks. Interested parties can submit their proposals until August 1, 2019. These solar parks will be installed […]

Firms all over the globe are investing in solar + storage platforms and hope to provide them to customers very soon. Lightyear and Sono Motors are just two of these players. Sono Motors of Munich is offering test drive on its Sono Sion which promises customers charging of batteries on the go. Light year one […]

The number of electricity complaints appears to be falling despite consumers still facing record high power prices but dodgy figures from one retailer has brought six months worth of household and business complaints into question. The latest data from the Australian Energy Regulator shows the number of complaints made against retailers by households and businesses, […]

The Dubai Electricity and Water Authority (DEWA) has announced a collaboration with the British Standards Institute (BSI) to set up the world’s first Publicly Available Standard (PAS) standard to support best utility risk management practices for the electricity and water sector. DEWA said the new standard is a “key pillar in advancing risk management standards […]

Following recent threats by Nigeria to disconnect international customers should they fail to redeem over $10.1 million service debt, Benin Republic and Niger Republic have now redeemed their outstanding indebtedness. While Republic of Niger paid $3.79 million, the Community Electric du Benin (CEB), an international electricity firm co-owned by the governments of Bénin and Togo, […]

Iran has resumed talks with Russia to build a new nuclear power plant capable of generating up to 3,000 megawatts of electricity, energy minister Reza Ardakanian said Saturday, according to the Tasnim news agency. The Islamic Republic currently has the capacity to produce 1,000 megawatts of nuclear electricity, Tasnim reported. Iran already runs one Russian-built […]

Turkey revised its renewable energy target for 2023, with additional steps to increase the share of clean electricity production from 31 percent to more than 50 percent by 2023. In May 2018, Turkey’s energy watchdog the Energy Market Regulatory Authority (EMRA) said that the installed electricity capacity increased by 181 percent from 32,000 megawatts (MW) […]

JAY — A Canadian power company says it has entered into an agreement to purchase the New Jersey-based company that owns 11 hydroelectric stations in Maine. Ontario Power Generation said on its website that it has agreed to acquire 100 percent equity in Eagle Creek Renewable Energy LLC for $298 million by the end of […]