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Saudi Arabia reaffirms commitment to replace fossil fuels with nuclear and renewables

  • 11 years ago (2012-11-15)
  • Junior Isles
Saudi Arabia plans to replace its fossil fuel power generation facilities with nuclear and renewable energy over the next 10 years, according to Abdullah Al-Shahri, governor of the Electricity and Co-Generation Regulatory Authority (ECRA).

IEA annual report predicts significant renewables growth by 2035

  • 11 years ago (2012-11-13)
  • Junior Isles
The new annual outlook report from the International Energy Agency claims that by 2035, renewable energy will likely rival coal as the world’s main electricity generation source, as the costs of the technology continue to fall and subsidies rise.

Jordan set to raise electricity rates for 2013, 2014

  • 11 years ago (2012-11-13)
  • David Flin

The Jordan government is finalising a proposal to raise electricity rates by 18 per cent over a two-year period, according to the Ministry of Energy.

KESC plans $400 million investment on power generation

  • 11 years ago (2012-11-10)
  • David Flin

Pakistan power utility Karachi Electricity Supply Company (KESC) plans to invest about $400 million over the next two to three years to increase its generation capacity and upgrade generation fleet capacity.

German solar PV up 50 per cent on 2011

  • 11 years ago (2012-11-07)
  • Junior Isles
Figures from the German Federal Association of Energy and Water Industries (BDEW) show solar PV generation has increased by more than 50 per cent in 2012 compared to 2011.

UAE’s expected power investment outlined in BMI report

  • 11 years ago (2012-11-06)
  • Junior Isles
The UAE is expected to spend over $8 billion on electricity generation over the next eight years, increasing annual generation to more than over 53 TWh by end-2021, according to Business Monitor International (BMI).

Eletrobras slumps to seven-year low

  • 11 years ago (2012-11-06)
  • David Flin

Centrais Eletricas Brasileiras (Eletrobras) has slumped to its lowest price in seven years as a worse than expected compensation proposal by Brazil’s government triggered a selloff.

China makes huge year on year gains in solar PV

  • 11 years ago (2012-11-05)
  • Junior Isles
The installed capacity of solar PV connected to the China State Grid, China's largest power grid operator, in September was up 415 per cent year on year, China’s State Electricity Regulatory Commission (SERC) has said.

Osaka Hikari-no-mori project receives support from seven Japanese firms

  • 11 years ago (2012-11-03)
  • David Flin

The Osaka Hikari-no-mori Project (Osaka Forest of Light Project) has now commenced, following the announcement that it will be supported by a consortium of seven Japanese companies: Jupiter Telecommunications, Sumitomo Corporation, Sumitomo Electric Industries, Daihen Corporation, Hitachi Zosen Corporation, Rengo, and NTT Facilities.

Hitachi wins rights to UK’s new £700 million nuclear project

  • 11 years ago (2012-10-31)
  • Junior Isles
Japan's Hitachi has signed a £700 million ($1.13 billion) deal giving it rights to build a new generation of power plants in the UK, effectively restarting the UK's stalled nuclear expansion plans.