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IRENA says over 90 per cent of renewables cheaper than fossil fuels
- 2025-07-23 06:27:04
- David Flin
The International Renewable Energy Agency (IRENA) has released a report entitled Renewable Power Generation Costs in 2024 that states that renewables have maintained their price advantage over fossil fuels, with 91 per cent of new clean energy projects now being cheaper than fossil fuel alternatives.
Xcel Energy launches 5.5 GW power expansion plan for Texas and New Mexico
- 2025-07-22 05:49:16
- David Flin
Xcel Energy has announced plans to build 5.5 GW in Texas and New Mexico, consisting of 521 MW of extensions on existing facilities and the addition of 17 new power projects of a combined capacity of 5168 MW.
Utility-scale agreement for first major solar plant in Belize
- 2025-07-11 07:42:52
- David Flin
Belize Electricity Limited (BEL) has signed an agreement with Blair Athol Power Company Limited (BAPCL) for the construction of a 15 MW solar power plant in Buena Vista, Corozal District, Belize.
SPECTRUM Project launched to develop next generation hybrid solar technologies
- 2025-07-01 07:24:19
- David Flin
Horizon Europe has officially launched the SPECTRUM Project, a research initiative that brings together leading experts to develop next-generation hybrid solar technologies.
Türkiye’s renewable capacity to reach 38 GW by 2035
- 2025-06-18 06:50:50
- David Flin
According to data from GlobalData, Türkiye’s renewable power generation capacity will reach 38.2 GW by 2035, representing an annual growth rate of 17.1 per cent from 2024 to 2035.
African Development Bank to fund 1 GW solar power plant in Egypt
- 2025-06-13 05:59:39
- David Flin
The African Development Bank has approved €170 million of funding to support the construction of the 1 GW Obelisk 1 solar power and 200 MWh battery energy storage project in Qena Governorate in southern Egypt.
Zimbabwe seeks €8 billion to boost power generation capacity
- 2025-06-06 06:02:54
- David Flin
July Moyo, Zimbabwe’s Energy and Power Development Minister, said that the country needs up to €8 billion in energy investments to double its current power generation capacity and meet rising electricity demand.
Syria signs €6.2 billion power deal with Qatar’s UCC Holding-led consortium
- 2025-05-30 06:17:23
- David Flin
Syria has signed an MOU with a consortium led by Qatar’s UCC Holding to develop major power generation projects with an investment of €6.2 billion.
CIL to invest €2.7 billion into renewables
- 2025-05-12 07:02:00
- David Flin
Coal India Limited (CIL) has announced plans to invest €2.7 billion to build up to 4.5 GW of renewable energy generation capacity. It signed an MOU with the ammonia producer AM Green to increase India’s hydrogen and ammonia production.
Swiss start-up turns railway tracks into solar power plants
- 2025-05-01 05:27:48
- David Flin
Sun-Ways, a Swiss start-up, is testing a system of installation of solar panels between railway tracks, and has placed 100 m of solar panels on tracks in Buttes, a small village in canton Neuchâtel in western Switzerland.
