Latest News for: renewable electricity

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Wind overtakes fossil fuels for UK electricity generation: Maguire

Natural Gas World 23 Apr 2024
When combined with output from solar farms, total electricity output from renewable sources in the U.K ... Due to seasonal lulls in wind speeds during the summer, that renewable electricity generation total may start to decline over the coming months.
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UK energy sector’s ticking time-bomb to hit net-zero targets

The National 23 Apr 2024
The UK's road to net zero needs to be paved with a fourfold increase in investment in electricity generation and infrastructure, a leading think tank has said ... Increasingly it will be set by renewables as we generate the renewable surplus.".
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Renewable energy stocks jump up to 500% in 1 year; what's fuelling this rise? What should you buy from the sector?

Live Mint 23 Apr 2024
That will be 2.5-3 times in terms of installed capacity base and 2.5-3 times the share in electricity generation from the current level.Renewable energy stocks to buyThe outlook for the renewable ...
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Minister: Consumers should not be charged before operation of Great Sea Interconnector

Stockwatch 23 Apr 2024
... in 2029, Papanastasiou noted however that the project is considered as high-cost whereas the influx of renewable energy in the electricity mix depends on the operation of the interconnection.
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Egypt, Italy discuss cooperation in field of renewable energy, green transition

Egypt Today 23 Apr 2024
Egyptian Minister of Electricity Mohamed Shaker discussed in a meeting Tuesday with Minister of Enterprises and Made in Italy Adolfo Urso means of boosting cooperation in the fields of renewable energy and green transition.
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Renewables hit record levels in Australia as electricity demand rises

PV Magazine 23 Apr 2024
The AEMO's latest Quarterly Energy Dynamics (QED) report shows the amount of renewable energy being fed into Australia's National Electricity Market (NEM) grew to 39% in the first quarter of 2024, up from 37.4% in the same period last year.
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Genesis Energy, FRV start $104 million Canterbury solar project

NewstalkZB 23 Apr 2024
... renewable energy from the site ... “For New Zealand to reach net zero 2050, the country’s energy must become 60 per cent electric, 95 per cent renewable and available 100 per cent of the time,” he said.
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Kenya to invest 1.9 mln USD to boost EV adoption in 3 years

Xinhua 23 Apr 2024
Kenya Power Managing Director Joseph Siror (Front) drives a JAC electric vehicle from China in Nairobi, Kenya, on April 22, 2024. Kenya Power, the country's electricity distributor, said on Monday that it will invest 1.93 million U.S.
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Copper demand to boom as new technology drives power consumption, Trafigura says

Hellenic Shipping News Worldwide 23 Apr 2024
... which includes electric vehicles and renewable energy, have already ....
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California Is Grappling With a Growing Problem: Too Much Solar

Slashdot 23 Apr 2024
By last count, the state had nearly 47 gigawatts of solar power installed -- enough to power 13.9 million homes and provide over a quarter of the Golden State's electricity ... But throwing away free power raises electricity prices.
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Technip Energies wins EPC contract for big Oman LNG project

GDN Online 23 Apr 2024
The plant will use electric-driven motors instead of conventional gas turbines and will be powered by renewable electricity from a planned nearby solar farm which will cover 100% of the annual power consumption of the LNG plant.
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High interest rates challenge global shift to renewables

PV Magazine 23 Apr 2024
Gearing, or the ratio of debt to equity, is typically higher with renewables and nuclear energy development than in mining, oils, and gas ... Despite this, Wood Mackenzie said renewables hold an advantage in LCOE, even without any subsidies attached.
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Building begins on NZ's largest solar farm in Canterbury

RNZ 23 Apr 2024
"By 2050 New Zealand has to have 60 percent of all of its energy coming from electricity, 95 percent of that needs to be renewable, and it needs to be available 100 percent of the time, so solar is going to play a critical role.".
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Orkney to get world’s first offshore charging station for cruise ships

The Times/The Sunday Times 23 Apr 2024
Schneider Electric is helping to develop the world’s first offshore charging station for cruise ships, which would be situated off Orkney ... Music arena Co-op Live goes down the electric avenue.
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Ariston Middle East highlights sustainable solutions in UAE

GDN Online 23 Apr 2024
Renewable and high-efficiency technologies ... Over the last two decades, the company has spearheaded the adoption of renewable and high-efficiency technologies such as solar panels and heat pumps that have been embraced by numerous local ventures.
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