The cost of generating power from the sun has dropped more than 80 per cent in the last decade, making it competitive with plants powered by fossil fuels like coal and natural gas. The Biden administration on Thursday set a goal to cut the cost of solar energy by 60 per cent over the next […]
Saving the environment one rooftop at a time with solar energy
SINGAPORE : There are small steps people can take to reduce their carbon footprints. That is what Mr Chong Chieh Tseng, 43, thought when he decided to install solar panels on his roof. But his solar journey has gone further than most others…Read More…
Intel uses solar energy to power six buildings in Malaysia
Intel Malaysia revealed that it is using solar energy to power six buildings across the company’s Kulim and Penang campus, thanks to a new 3.2 megawatt (MW) solar installation. The installation is achieving 4.1 MW in total installed capacity, which is provided by NEFIN, a renewable energy developer. The project is Intel’s largest solar farm […]
RMIT: Australian Airports Could Generate Enough Solar Energy To Power A Regional City: Study
New research shows placing solar panels on the roofs of Australian airport buildings could be an efficient step towards net zero emissions. A new study has found Australia’s government-owned airports could produce enough electricity to power 136,000 homes, if they had large-scale rooftop solar systems installed. Researchers at RMIT University compared electricity generated by residential […]
AFRICA: BBE to acquire assets of solar energy provider Solarcentury
B.B. Energy (BBE), a London (UK) based oil and gas trader, announces the acquisition of Solarcentury Africa, the subsidiary of solar energy provider Solarcentury. Through this transaction, BBE is targeting the dynamic solar energy market for commercial and industrial (C&I) customers in Africa. B.B. Energy (BBE) is diversifying its activities. The oil and gas trading […]
Solar energy powers COVID-19 treatment
In some of the poorest parts of the world, where there is no access to a reliable electricity grid, the UN is equipping hundreds of health facilities with solar technologies, allowing them to avoid power outages and save lives. Formerly dependent on costly and polluting diesel generators, which often do not provide sufficient electricity, over […]
SunFunder reaches $70 million close for Solar Energy Transformation Fund
SunFunder’s Solar Energy Transformation Fund backs solar companies improving energy access across Africa and Asia. The off-grid solar finance company’s blended-finance fund closed $70 million with investments from OeEB, the development bank of Austria, Swedfund, Bank of America, Mercy Investment Services, the Schmidt Family Foundation and members from the Toniic impact investor network. The nine-year […]
Solar energy capacity to reach 200MW next year
Kampala, Uganda | THE INDEPENDENT | Xsabo Group says they plan to build another three projects, which will bring the number to five plants with a total installed capacity of 150 MW, worth a total investment of 735 Billion Shillings. The company received funding for the Mubende project worth 63 Billion Shillings from the Uganda […]
RENEWABLE CAPACITY STATISTICS 2021
Iraq signs agreement with Total for four energy projects
BAGHDAD: Iraq has signed a heads-of-agreement deal with French firm Total spanning four projects involving natural gas, solar energy and seawater reprocessing, the oil ministry said on Monday. Total will make a “multi-billion-dollar” investment and the four initial deals will be submitted to the cabinet for final approval, Oil Minister Ihsan Abul Jabbar was quoted […]