Saudi Arabia Backs Renewable Energy Industry
Renewable Energy Sector Can Get Industrial Licenses In Saudi Arabia
The Saudi Arabian government, through its Ministry of Industry and Mineral Resources, Ministry of Energy and the Non-Oil Revenues Development Center, has launched a new initiative under which it will provide various incentives to companies operating .
Catalonia’s 62 GW Renewable Energy Plan
Addition Of Nearly 33 GW Solar PV To Help Catalonia Achieve Energy Independence By 2050
To achieve climate neutrality in the energy sector, the Government of Catalonia says it aims to grow its renewable energy generation capacity by 2050 to around 62 GW with solar PV technology contributing the highest share of over 33 GW.
LevelTen Energy’s Q4/2021 PPA Price Index
With Renewable Energy Supply Tightening, Prices Under Power Purchase Agreements Going Up
Even as renewable energy demand from both public and private sectors goes up, market dynamics including supply chain constraints and grid congestion ensure the supply is limited, leading to a hike in prices for power purchase agreements (PPA), says LevelTen Energy.
MoU For 10 GW Renewable Energy In Iran
Iran’s 10 GW Renewables Tender Oversubscribed By 80 GW: SATBA
The Renewable Energy and Energy Efficiency Organization (SATBA) in Iran along with the federal Ministry of Energy has entered a memorandum of understanding (MoU) for the development of 10 GW of renewable power plants in the country with unidentified private sector companies.
Masdar To Develop 100 MW Solar Plant In Georgia
100 MW PV Facility Planned As Georgia’s ‘Largest’ Solar Power Plant
The Georgian Energy Development Fund (GEDF), a joint stock company in the European nation of Georgia, has entered a joint development agreement (JDA) with Abu Dhabi’s Masdar for the latter to execute the country’s ‘largest’ solar power plant with up to 100 MW capacity.
Japan Proposes 36% To 38% RE Share In Power Mix By 2030
Japanese Industry Ministry Proposes Increasing Renewable Energy Target For FY2030 To 36% To 38%, Up From Current Target Of 22% To 24%
Japan’s Ministry of Economy, Trade and Industry (METI) has published a draft of the country’s basic energy policy to be followed through to FY2030, according to which it plans to increase the share of renewable energies in the total power mix to 36% to 38%.
SunPower & Baltimore Partner For 30 MW Projects
SunPower To Transform Under-Utilized Lands into Solar Energy Fields In Baltimore That Will Power Government Buildings And Save Electricity
US solar company SunPower announced new projects with Baltimore County, which will entail covering two closed landfills with solar systems.
Lithuania Gets Go-Ahead For €385mn RE Scheme
European Commission Grants Approval To Lithuania’s €385 Million Renewables State Support Scheme; To Be Valid Till Country Achieves 38% RE Share In Gross Final Energy Consumption By 2025
In January 2019, the European Commission approved 2 renewables support scheme for Lithuania. Now, it has granted its approval to a new renewables support scheme with an overall budget of €385 million ($431.5 million).
Queensland Launches New RE Focused Utility
New Queensland Power Generation Company CleanCo To Focus On Low & No Emission Power Generation Assets, Starting With 1 GW Of New Solar, Wind & Hydro
Queensland’s Premier Annastacia Palaszczuk (in the picture) said the new utility, CleanCo, should reduce wholesale electricity prices on average by around AU$7 ($5.02) per MWh, to lead to savings of an estimated AU$70 ($50.19) per MWh annually.
Australia’s Victoria Targets 25% RE By 2020
Victoria Set To Become First State To Bring Legislation For RE Targets In Australia; Announces Plans For Up To 650 MW Auction
Victoria is set to become the first Australian state to enshrine renewable energy targets in the state legislation. The state plans to have 25% share of renewables in its energy mix by 2020, and increase it to 40% by 2025.
