Oman’s Sohar Port and Freezone, a deep-sea port and adjacent free zone located in the homonymous coastal city, is planning to host a large scale green hydrogen generation hub powered by solar power plants. According to the whitepaper SOHAR Port and Freezone Going Green, published by the port’s CEO, Mark …
Read More »Norway’s Scatec Solar Announces $1.1bn Acquisition of Hydropower Firm
The combined company will boast power plants in 14 countries with an estimated annual production of 4.1TWh.
Read More »EU Bank Supports four Wind Farms in Poland with €42m Loan
They will have a total installed capacity of 102.5MW and generate enough electricity to power more than 60,000 households at peak times.
Read More »Solar Module Costs Continue Decline Thanks to Tech Innovation and Lower Capex
A new report released by Wood Mackenzie states that solar module costs will continue to fall in the 2020s owing to technology innovation and lower CAPEX. Improvement in module efficiency and power class is expected to propel the declining capex trend forward and ultimately lower the solar levelised cost of …
Read More »Climate Change Impacts on Wind Power Generation
Wind energy is a virtually carbon-free and pollution-free electricity source, with global wind resources greatly exceeding electricity demand. Accordingly, the installed capacity of wind turbines grew at an annualized rate of >20% from 2000 to 2019 and is projected to increase by a further 50% by the end of 2023. …
Read More »Solar Energy Reaches Historically Low Costs
In some parts of the world, solar power is now the cheapest source of electricity in history, thanks to policies encouraging renewable energy growth. That’s according to a new report released today by the International Energy Agency (IEA). Sunshine is free, but the technology needed to turn it into usable …
Read More »Solar, The New King of Electricity
Solar output is expected to lead a surge in renewable power supply in the next decade, the International Energy Agency said, with renewables seen accounting for 80% of growth in global electricity generation under current conditions. In its annual World Energy Outlook on Tuesday, the IEA said in its central …
Read More »The World’s Top Energy Agency Is Pressing for Aggressive Carbon Cuts
The world’s most authoritative body of energy analysts, the International Energy Agency, has found in its annual flagship report that the world is headed toward global warming higher than the Paris Agreement’s most aggressive limit of 1.5°C. The agency, long known for its expertise in fossil fuels, lays out a …
Read More »Massive 204MW Solar Park Construction Kicks Off in Chile
The plant is forecast to produce around 589GWh of energy, avoiding the emission of 439,000 tonnes of carbon dioxide into the atmosphere.
Read More »European Parliament Demands Steeper Cut in Greenhouse Gas Emissions
The European Parliament has voted for a 60% reduction in greenhouse gas emissions by 2030 (from 1990 levels) – a steeper cut than the at least 55% the European Commission (EC) had proposed as part of its ambition for climate neutrality by 2050. “It’s a great victory for the climate …
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