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Tag: electricity
Senate passes Renewable Energy Bill, Setting Talks for July
An energy bill passed 39-0 by the Senate Thursday evening would require the solicitation of long-term contracts for at least 2,000 megawatts of offshore wind by 2027 as part of an effort...
Solar Energy to Power India of the Future
The World Bank Group is moving to help India deliver on its unprecedented plans to scale up solar energy, from installing solar panels on rooftops to setting up massive solar parks. This...
Installation of PV Modules Begins on El Salvador’s Largest Solar Project
The Providencia solar project by French developer Neoen is divided into two blocks, a 76 MW plant which was awarded in an auction and a block of 25 MW which will provide...
Average Costs for Solar and Wind Electricity Could Fall 59% by 2025
Abu Dhabi, U.A.E., 15 June 2016 – The average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025, according to a...
Germany Just Produced So Much Renewable Energy That It Had To Pay People To Use It
Electricity bills are often ludicrously high thanks to our energy-intensive modern world, but every now and then, thanks to the forces of nature, a metaphorical miracle takes place. As reported by Quartz,...
EBRD financing Albania’s power system overhaul
The European Bank for Reconstruction and Development will conduct a final review of the project for the restructuring of Albanian Power Corporation (KESH sh. a.) and the energy sector of Albania in...
Decoupling of global emissions and economic growth confirmed
IEA analysis shows energy-related emissions of CO2 stalled for the second year in a row as renewable energy surged. Global energy-related carbon dioxide emissions (CO2) – the largest source of man-made greenhouse...
Got Denmark envy? Wait until you hear about its energy policies
Back in the early 1970s, Denmark got almost all its energy from imported oil. Then came the oil crisis, which, naturally, had a big impact. Political discussions throughout the '80s resulted in...
EU grants support to Albania–Macedonia power link
At the Western Balkans Investment Summit, in the presence of all regional prime ministers, the European Union confirmed its intention to provide a EUR 12 million grant to support construction of the...
Senegal Is Second African Country to Join ‘Scaling Solar’ to Quickly Develop Clean Energy
IFC, a member of the World Bank Group, signed an agreement on Tuesday with the government of Senegal to develop up to 200 megawatts of solar power under Scaling Solar, a World...
Can Germany reach its renewables target for the energy sector for 2020?
In 2015, German energy consumption rose by 1.3 percent according to preliminary figures published just before Christmas by the AGEB, an independent group of economists and the sector experts (press release). The...
Uruguay makes dramatic shift to nearly 95% of electricity from clean energy
In less than 10 years the country has slashed its carbon footprint and lowered electricity costs, without government subsidies. Delegates at the Paris summit can learn much from its success. Renewables now...
Small nations, renewable giants
Uruguay gets 94.5% of its electricity from renewables. In addition to old hydropower plants, a hefty investment in wind, biomass and solar in recent years has raised the share of these sources...