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Market Analysis
IEA : The Share of Natural Gas in the African Energy mix Will Increase from 5% to 25% by 2040
According to the energy outlook of the International Energy Agency (IEA), the share of natural gas in the energy mix of the African continent will increase from…
European Investment Bank to End Fossil Fuel Financing by 2021
The European Investment Bank (EIB) has agreed to cease funding fossil fuel energy projects by the end of 2021 as part of its “increased ambition in climate act…
Boralex Commissions 16MW Yellow Falls Hydroelectric Station in Ontario
The hydroelectric power station includes two 8-MW turbines connected to a water intake, a concrete dam, water discharge facilities, including two inflatable wei…
Crude
Russia Plans To Boost Crude Oil Exports
Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Nov…
EDC Increases Revenues with Better Performance of Geothermal Plants
EDC reports geothermal revenues of $514m for first three quarters of 2019 contributing around 34% of total revenues of its mother company First Gen. Better perf…
Energy storage technology
What’s Next In Energy Storage Safety?
Safety is important in any workplace, and in the energy storage industry this is becoming an increasingly critical element. At the Energy Storage North America …
Gas turbine engine
Two High Efficient Air-Cooled Gas Turbines Are Underway in Malaysia by GE
General Electric Company (GE) believes gas-powered generation will compliment renewable energy (RE) in line with the government’s aspiration to increase to use…
Market Analysis
European Insights: Hydropower, Climate Change and Climate Change
Hydropower retains its dominant presence in renewable power generation across Europe, but there is increasing concern about the impact of climate change on the …
Nuclear Technology
Iran Begins Concrete Pour for Second Bushehr Nuclear Reactor
Iran held a ceremony on Sunday to mark the first concrete pour for its second reactor at the Bushehr nuclear power station.
Viewpoint: Geothermal – a Transformational Energy for Sustainability
Geothermal is a unique energy resource – and one that has been increasingly gaining its space in the development and donor communities.
IGC Turkey Highlights Optimism for Geothermal Energy
Following the incredibly paced growth of Turkey’s geothermal sector, the immediate future is less clear. Anxiously waiting for the announcement of the continua…
Combined cycle power plant
Siemens To Upgrade Steam Power Plant In Vietnam To Combined Cycle Power Plant
Siemens will provide the equipment to upgrade the Hiep Phuoc 1 steam power plant in Ho Chi Minh City, Vietnam, to a combined cycle power plant. This project wil…
Market Analysis
Adamas: EV Sales to Hit 12.5M in 2025; 350% Increase in Demand for Rare Earths Used in Traction Motors
A new report from Adamas Intelligence, “Electric Growth: EVs, Motors and Motor Materials”, forecasts that global annual EV sales (excluding mild and micro hyb…
Market Analysis
Africa Set for Nine-Fold Wind Capacity Increase
The International Energy Agency (IEA) expects Africa's wind power fleet to increase nine-fold between the end of 2018 and 2040, but the continent's small power …
Nuclear Power Plant
Iran Started Construction of Unit 2 of its Nuclear Power Plant
Iran has started construction of unit 2 of its nuclear power plant at Bushehr. A ceremony to mark the pouring of first concrete was held yesterday.
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