An AC Energy wind turbine in Iloilo.The Ayala Group’s energy arm AC Energy Corporation and its partner UPC Renewables have started the construction of a P11.4-billion wind farm in Ilocos Norte, set to be the country’s biggest wind farm to date. Located in Pagudpud in Ilocos Norte, the 160-megawatt Balaoi & Caunayan wind farm is […]
Kuwait’s MEW Eyes 16 Energy Projects to Produce Electricity by 2030
Move aims to harvest energy from renewable sources. KUWAIT : The Ministry of Electricity and Water has included 16 renewable energy projects in its plan, affirming its keenness to introduce renewable energy projects, in accordance with the supreme direction of Sheikh Sabah Al-Ahmad’s vision to produce alternative energy technology to obtain electricity from its sustainable […]
Vietnam to Reduce Thermal Power Production
Vietnam targets reducing coal-fired power production by 6 percent this year to prioritize solar and wind energy even as it grapples with limited transmission capacity. This means a cut of 8 billion kilowatt-hours from a projected 126 billion kilowatt hours of coal-fired power this year. National utility Vietnam Electricity (EVN) estimates total production from all […]
Taiwan Hungry for AI, Offshore Wind Energy, IC Design Talent
Taipei : Taiwan’s artificial intelligence (AI), offshore wind energy development and integrated circuit (IC) design sectors will be eagerly seeking talent over the next three years, the National Development Council (NDC) said Tuesday. In a report on talent demand between 2021 and 2023, the NDC — the top economic planning agency in Taiwan — said […]
Bank of Ireland and EIB to Finance €100m Bord na Móna Wind Energy Project
Bank of Ireland and the European Investment Bank (EIB) have agreed to finance a €100 million wind farm project by climate solutions company Bord na Móna that will be able to supply up to 55,000 homes with renewable energy. The new 75 megawatt (MW) windfarm, located at Cloncreen, Co Offaly, will create up to 100 […]
Wind energy industry can create 3.3 million jobs: GWEC
Wind energy industry can create 3.3 million wind power jobs globally over the next five years thanks to major industry expansion, according to Global Wind Energy Council (GWEC). This figure includes direct jobs in both onshore and offshore wind, and covers the entire value chain of the sector: project planning and development; manufacturing; installation; operation […]
Wind energy industry set to create 3.3 million jobs globally by 2025
A historic 93 GW of new wind capacity was installed in 2020 despite the impacts of COVID-19, making last year a record year for onshore wind growth and the second-best year for offshore wind growth. New Delhi: The global wind energy industry is set to grow at a 4 per cent Compounded Annual Growth Rate […]
Morocco Highlights Its Green Energy Strategy at 2021 Spring Meetings
Rabat : President of Morocco’s Policy Center for the New South, Karim El Aynaoui, speaking at the virtual 2021 Spring Meetings, emphasized Morocco’s long-term renewable energy strategy, citing the country’s notable efforts in solar and wind energy. During the virtual conference running under the theme of “Economic Recovery: Toward a Green, Resilient, and Inclusive Future” […]
Generic Renewable Energy Tariff for FY 2021-22 under MERC (RE Tariff)
Generic Renewable Energy Tariff for FY 2021-22 under MERC (Renewable Energy Tariff) Regulations, 2019 (Suo Motu Order). As stated earlier, none of the Distribution Licensees in the State has discovered tariff for procurement of energy from Rooftop PV through competitive bidding. The Commission notes that under Net-metering arrangement it is expected that consumer will install […]
Global wind industry could install almost 1 TW of new capacity by 2030, report says
China’s target of having 1,200 GW of wind and solar by 2030 could result in 408 GW of new wind capacity from 2021 to 2030, almost half of the global total, the report said. LONDON: The global wind industry could install nearly 1 terawatt (TW) of new capacity between now and 2030, with much of […]
