Renewables and Efficiency

Growth in offshore wind is something the majors cannot afford to ignore as they plan for 2035 and beyond.

Iran has huge potential to harness renewable energies. including geothermal. solar and wind power.

The projects will be commissioned in the 2018-22 timeframe with prices corresponding to about €115-135 MWh ($129-151 MWh).

More than half of the growth in renewable power came from wind. which rose 16 per cent. while solar energy grew by 30 per cent as costs continued to fall sharply.

Enel has launched an investment program worth more than €100 million at its Sicilian technology hub.

For producing one ton of aluminum. about 450 kilograms of the material is required.

Ireda plans to issue 13.9 million shares. priced at 10 rupees each. but the government has not yet specified a date for when the IPO will be launched.

The turbines for Statoil'.s Hywind floating wind park off Scotland will be installed this summer and will be fully operational by the end of the year.

Bangladesh has a total installed hydroelectric generating capacity of just 230MW. the lowest in the Asia Pacific region.

The price of gas-fired electricity in March was 129.51 won ($0.1160) per kilowatt-hour (kWh). 40 percent more than coal and nearly double the cost of nuclear power.