Demand for electricity is growing faster than the roll-out of renewable ,leading to a surge in the use of heavily polluting coal and undermining efforts to reach carbon neutrality, the IEA warned on Thursday. Electricity demand is expected to grow by 5 percent this year, much more than the 1 percent drop it experienced last […]
Solar Power Is Dirt-Cheap and About to Get Even More Powerful
Solar Power Is Dirt-Cheap and About to Get Even More Powerful. The solar industry has spent decades slashing the cost of generating electricity direct from the sun. Now it’s focusing on making panels even more powerful…Read More...
Iraq Can Fix Electricity Crisis by Planning Long-Term Reforms, IEA Says
International Energy Agency experts say country’s power grid has all but collapsed as it is gripped by a searing heatwave. Iraq’s electricity sector must bring in long-term reforms and solutions to fix its power cut crisis, an International Energy Agency official has told The National. A widespread power cut hit Iraq a few days ago […]
South Korean 20-Mile Solar ‘Bike Highway’ Generates Electricity
This odd bike lane stands in the middle of a highway. A ‘bike highway’ running between Daejon and Sejong in South Korea is a sight —or rather, a concept —, you surely haven’t thought of before: It stretches for 20 miles (32 km), and it not only shields cyclists from the sun but also generates […]
Jharkhand to Ink Pacts With Power Producers For 3,040 MW Electricity
Jharkhand government is in the process of finalising pacts with several power producers for sourcing 3,040 MW electricity, an official statement said. The Jharkhand government is in the process of finalising pacts with several power producers for sourcing 3,040 MW electricity, an official statement said on Friday. Demand for power in the state is currently […]
Levelized Cost of Electricity: Renewables Clearly Superior to Conventional Power Plants Due to Rising CO2 Prices
Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have presented the newest edition of their study on the levelized cost of electricity (LCOE) of renewable power plants. The fifth edition of the study analyzes the current costs and forecasts the future cost development up to 2040 based on technology-specific learning rates and market […]
Largest Rooftop Solar Plant Starts Producing Electricity
KEPZ to meet its entire power demand, supply to national grid. State Minister for Power Nasrul Hamid is seen visiting Youngone Corporation’s rooftop solar plant along with Korean Ambassador Lee Jang-Keun and Youngone Chairman Kihak Sung in Chattogram yesterday. Youngone Corporation, the Korean multinational conglomerate, yesterday launched the country’s largest rooftop solar power plant in […]
Namibia Can Export Electricity to Southern, Eastern African States: Official
CAIRO : CEO of Namibia Investment Promotion and Development Board (NIPDB) Nangula Nelulu Uaandja said Sunday in IPAs Africa Forum 1 that her country aims for the generation of 5 GW of electricity and that surpasses the local industrialization rates giving room for exporting to southern and eastern African countries. Such electricity will be derived […]
Renault Puts Unproductive French Plants to Work on Electric Vehicles
Renault plans to produce as many as 400,000 electric vehicles in three sites combined each year. Renault will create ElectriCity a wholly owned unit that combines operations at the three sites in Douai, Maubeuge and Ruitz. Renault Megane E-Type electric hatchback used for representational purpose. Renault SA revealed just how much work is needed to […]
COVID-19 Crisis Makes Electricity Too Costly For Millions in Africa, Asia
Millions struggled to pay for essential electricity services to power lighting, fans, televisions and mobile phones as the COVID-19 crisis hit jobs and incomes in 2020, the report said. KUALA LUMPUR: The economic toll from the COVID-19 pandemic has left more than 25 million people in Africa and Asia unable to afford electricity, threatening a […]