Renewables and Efficiency

Pakistan can attract foreign investment in manufacturing of solar panels and allied equipment at local level provided it formulates policies that deliver legal safeguards to investors and guarantee a consistent regulatory framework. Talking to WealthPK, Mustafah Abdullah, a wind and solar energy project developer and Chief Executive Officer of Moro …

OPEC oil producer Iraq intends to award a new project for the construction of a solar power plant with a generation capacity of 700 megawatts, the country’s Electricity Minister Ziyad Ali Fadel was quoted as saying on Friday by Baghdad Al-Yaum news agency. The minister noted that the Cabinet would …

Wind and solar power generation will continue surging to the point of accounting for more than one-third of global electricity by 2030, up from 12% now, according to a new analysis by the Rocky Mountain Institute (RMI), a nonprofit organization focused on the energy transition. The expected further surge in …

The United Arab Emirates plans to invest as much as $54 billion on renewables over the next seven years as part of efforts to reach net zero emissions by 2050. The nation is targeting a threefold increase in the share of energy produced from renewable sources over the period and …

A 16-megawatt wind turbine – the world’s largest – is now in place off the southeastern coast of China. Developer China Three Gorges (CTG) Corporation and wind turbine maker Goldwind have announced that the world’s largest turbine has been installed off China’s Fujian Province. It will now undergo commissioning and …

Solar is growing at 33.7% year-on-year and is now at twice the capacity of coal power in China, according to a new report. Solar and coal in China Today, the China Electricity Council, a state-approved nonprofit national trade association, released its first-quarter report, the “Operational Situation of [the] Electric Power …

French energy giant TotalEnergies is today set to sign memoranda of understanding with Petronas and its renewable energy company Gentari during chief executive Patrick Pouyanne’s visit to Malaysia. Pouyanne told the Energy Asia 2023 conference in Kuala Lumpur on Monday morning that the agreements scheduled to be inked later today …

Azerbaijan has begun installation of solar panels at its 230 MW Garadagh plant, the country’s first major solar power plant. Developed by United Arab Emirates-based renewable energy company Masdar, the plant is expected to be operating by the end of this year, producing 500 gigawatt hours (GWh) annually. Azerbaijan has …

The EU’s energy crisis interventions have improved security of supply, but the industry must now focus on growing the bloc’s renewables capacity and expanding its grid infrastructure in a market rife with inflationary pressure, policymakers and power-sector executives said June 20. “We are experiencing a paradigm shift in energy policy,” …

The US solar industry installed 6.1 GW of capacity in the first quarter of 2023, according to the US Solar Market Insight Q2 2023 report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie. Several factors contributed to the record first quarter, not the least of which was the …