Tenders will be issued this year for eight projects totaling 4.125 gigawatts of capacity, Turki Mohammed Al Shehri, head of the kingdom’s Renewable Energy Project Development Office, said.
A new report recently published by the International Renewable Energy Agency (IRENA), predicts the cost of renewable energy will experience a noticeable drop by 2020, putting it on par with, or cheaper than, fossil fuels.
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market.
Turkey aims for clean energy projects to amount to 30 percent of its total installed capacity by 2023.
Just six years ago, more than 40% of Britain’s electricity was generated by burning coal. Today, that figure is just 7%.
Expected to be operational in the first half of next year, the two projects will have a combined installed capacity of 312MW.
Norway crossed an electric vehicle milestone in 2017, with more than half of its new vehicle registrations coming from electric vehicles. The country has a plan to phase out new gas-powered cars by 2040.
The Solar Energy Corporation of India (SECI), which is administered by the Ministry of New and Renewable Energy of India (MNRE) has invited expressions of interest to build 10,000 MW of floating solar PV over the next three years.
A new deal calling for further cooperation in the offshore wind energy sector has been signed by the US and Denmark, thanks to a fairly positive view of wind energy within the Trump Administration, according to recent reports.
Fiji has become the first emerging market to issue a sovereign green bond, raising 100 million Fijian dollars, or US$50 million, to support climate change mitigation and adaption.
