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Coal Production
GlobalData: Global Coal Production Set to Grow by Only 0.5% in 2020
Global coal production is expected to grow only marginally in 2020, from 8.13 billion t in 2019 to 8.17 billion t in 2020 a growth of only 0.5% after three cons…
Wind Turbine
Annual Wind Turbine Spend to Reach $60bn by 2028
Annual average wind turbine supply is forecast to hit $60 billion between 2020 and 2028 – reflecting an increase of 8% compared to 2019, according to new data.…
Wind Turbine
$600bn to be Spent on Wind Turbines Globally by 2028
Despite demand fluctuations, the global wind turbine supply chain is racing towards a $600 billion cumulative opportunity by the end of 2028.
Solar Company
GCL Plans To Invest $2.5 Billion In World’s Largest Solar Panel Factory
A report by Power Technology claims China’s GCL Systems Integration Technology plans to invest more than $2.5 billion to construct the world’s largest solar p…
Power Construction
AfDB Provides €62M for Rural Electrification in Over 1,300 Localities in Côte d'Ivoire
The African Development Bank (AfDB) has recently granted a loan of about 41 billion CFA francs (€62.35 million) to Côte d'Ivoire.
Electricity Transmission
SIEMENS-TERNA Consortium Secures 370 Mln Euro Contract in Greek Power Link
A consortium of Siemens and Terna has been awarded a 370 million euro ($410 million) contract as part of a 1 billion euro Greek power project to link Athens to …
Solar Power Panel
World’s Biggest PV Module Factory
GCL System Integration plans to build a 60 GW solar module factory in China’s Anhui province, with a total investment of approximately $2.5 billion.
30-gw Tongwei Solar Photovoltaic Industrial Base Project
It will invest a total of CNY 20 billion (USD 2.82bn/EUR 2.56bn) in the so-called Tongwei Solar Photovoltaic Industrial Base Project located in Huaizhou New Tow…
Energy Technology
Bill Gates Invests in Hydropower Technology
Breakthrough Energy Ventures, a company founded by Microsoft founder billionaire Bill Gates, has received an $ 11 million investment in Natel Energy. Natel Ener…
Wind Farm
ACCIONA to Build a Largest Ever Wind Farm in Australia
ACCIONA will build its largest ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1,026MW. The project will boost the Qu…
Green Initiatives Almost Derailed The $2 Trillion Stimulus Bill
Oil prices crashed on Monday when the US Senate failed to reach a deal on the Stimulus Bill over the weekend. The idea was to quickly pass legislation that woul…
Oil Price
Libya Says Oil Shutdown Losses Exceed $3.5 Billion
Libya's oil company says economic fallout from a protracted blockade of its vital oil facilities has resulted in losses surpassing $3.5 billion at a time when t…
Solar Company
LONGi Approves Almost US$1 Billion in Capex for 25GW of New Capacity in 2020
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) has approved capital expendit…
5gw Clean Energy & Storage Plant
Beijing Jingneng Power Co., a Chinese state-owned utility, plans to invest 23 billion yuan ($3.3 billion) in a project that will combine wind and solar power ge…
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