Renewables and Efficiency

China has flagged it will seek to raise its power generation from solar and wind plants to around 11% of the country’s total power consumption in 2021, from 9.7% in 2020, said the National Energy Administration (NEA) in a draft rule on Monday. Chinese President Xi Jinping has announced that …

U.S. oil major Chevron, together with Norwegian company Moreld Ocean Wind, is set to invest in offshore wind technology at Ocergy, a U.S. company developing a low-cost floating wind foundation and a multi-disciplinary environmental monitoring buoy. Ocergy secured the investments through its Series A equity fundraising round to accelerate the …

French energy major Total has signed an agreement with Iraq’s Ministry of Oil to develop a host of energy projects in the country, including 1GW of solar PV. The agreement, which builds on discussions between Total and the Iraqi government that began in October last year, has seen the two …

Iraq has suffered from a lack of electricity generation capacity following the US-led invasion of 2003 as well as the rise and fall of the Islamic State group (IS) over 2014-17. Successive governments have thus far failed to rehabilitate Iraq’s electricity sector, despite spending some 50B USD on it in …

Renewable energy projects are expected to see a record investment at US$243 billion this year, further closing the gap with expenditure on upstream oil and gas projects, where capex is expected flat at around US$311 billion, Rystad Energy said in a recent analysis. Spending on renewable projects in 2021 is …

The Global Wind Energy Council (GWEC) published a report showing that China broke the world record for most wind power capacity installed in a single year in 2020, with 52 gigawatts (GW) of new capacity — doubling the country’s annual installations compared to the previous year. “The incredible and rapid …

China installed 52 gigawatts (GW) of wind power capacity last year, breaking the world record for most wind capacity installed in a single year by any country in history as it doubled its annual installations compared to 2019, the Global Wind Energy Council (GWEC) said in a new report this …

The U.S. solar industry installed a record 19.2 GWdc of photovoltaic (PV) capacity in 2020, a 43% increase from 2019, according to a report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The numbers are particularly impressive considering the world was dealing with unique challenges as a …

Northwest China’s Xinjiang Uygur Autonomous Region is taking the lead in China’s renewable energy push, with new energy installed capacity reaching a record high of 35.83 million kWh of electricity, supporting the country’s carbon neutrality goal. The total sum of solar and wind capacity has climbed by 135 percent from …

Kazakhstan took another step toward strengthening its energy security this week after Eni, an Italian multinational oil and gas company, launched the construction of a new solar farm in Otrar, Turkestan, Kazakhstan’s southern region. The project to construct the 50 MW photovoltaic plant is being implemented by a joint Italian-Kazakh …