Energy transition akin to Industrial Revolution – Centrica speaks out on scale of challenge
The energy transition requires the sector to grapple with the Fifth Industrial Revolution.
The energy transition requires the sector to grapple with the Fifth Industrial Revolution.
By Jessica Mills DaviesThe National Energy System Operator (NESO) has today concluded that the UK government’s mission to decarbonise the electricity grid by 2030 is “achievable”.
Eskom will complete its unbundling by the end of this year, South Africa President Cyril Ramaphosa has said.
Total Eren and Chariot have signed a memorandum of understanding (MoU) to provide solar power to the Tharisa mine.
Masdar has ambitious plans to scale up its power capacity and sees the entry of Adnoc and TAQA as set to “supercharge” its business.
Masdar aims to be the world’s largest renewable energy company in the world, with a 100 GW target by 2030.
Algeria has finally taken a first step in opening up its solar potential to bidders, with the launch of a 1-GW tender.
To make real progress in bringing power to those without in sub-Saharan Africa, interested parties will have to provide much more cash.
JGC said it will provide engineering, procurement, and construction (EPC) services at a “mega solar power plant generation project” with 94MW capacity at Bugallon in the Philippines for Aboitiz Power.
Eni has signed a new contract on the Berkine Basin with Sonatrach, while also setting out decarbonisation plans.
Jordan and Israel have agreed to co-operate on solar and desalination projects, with support from the US and United Arab Emirates.
Moray-based solar power manufacturer AES Solar has created 10 new jobs over the past 18 months – despite Covid lockdowns – as people seek to use more renewable energy.
New climate targets announced at the COP26 summit by Indian Prime minister Narendra Modi look set to boost renewable energy growth. However, India’s insatiable demand for electricity will keep the market highly reliant on coal power, posing challenges to the country's decarbonisation plans, according to Fitch Solutions.
Analysts at Rystad Energy believe Southeast Asia could become the largest floating solar photovoltaic (PV) market in the world with several significant projects planned this decade.
South Africa has an advantage if it can move fast to lock-in progress on the energy transition, Old Mutual Alternative Investments CEO Paul Boynton has said.
South Africa has announced the winners for the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) Bid Window 5.
Frazium Energy has signed a deal with Eswatini on a $115 million solar battery project, which it expects will be the largest in Africa.
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is collaborating with US-based Heliogen, a provider of AI-enabled concentrated solar energy, to build a 5 MW commercial-scale demonstration facility in California.
France’s EDF Renewables (EPA:EDF) has made a significant investment in VinaCapital’s SkyX Solar, a rooftop solar power developer in Vietnam as the market continues to boom.
French power company EDF Group (EPA:EDF) has signed a memorandum of understanding with Singapore government-owned utilities company SP Group to jointly develop a subsea transmission cable to enable renewable energy imports from Indonesia to Singapore.
Mukesh Ambani’s Reliance Industries (NSE:RELIANCE) acquired a Norwegian solar panel maker and an Indian builder of renewable projects in a bid by the oil-to-retail conglomerate to extend its dominance into alternative energy.
ARCH Emerging Markets Partners has invested a further $2.5 million in South Africa-based Sun Exchange.
The British Army has opened its first solar farm as part of a project that will help reduce greenhouse emissions and see savings of around £152 million over 10 years.
Indonesia has approved the subsea route for what could be the world’s first intercontinental power grid, connecting Australia to Singapore, with 24/7 renewable power. The official nod means Sun Cable’s ambitious project, that proposes the world’s largest solar farm, the world’s biggest battery, and the world's longest undersea cable, has moved a step closer to reality.
Xlinks has set out plans to export clean electricity from Morocco to the UK, via HVDC subsea cables.
Solar power holds the key to meeting renewable energy targets for Indonesia, but the fast-growing Southeast Asian economy needs significant reforms to steer it away from an over-reliance on coal, according to a report.
South Africa expects to announced winning bids under its Bid Window 5 by the end of October.