russia

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Electricity Consumption Decline in Advanced Economies to Impact Global Demand in 2023

Electricity demand in the European Union (EU) is expected to reach its lowest level in two decades, marking a significant decline of 3% in 2023, according to the latest...

July 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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EU Adopts New Framework to Transition Towards Net-Zero Economy

The European Commission has adopted a new Temporary Crisis and Transition Framework to support measures in sectors that are key for the transition to a net-zero economy...

March 10, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: Transmission System Approved for 1.5 GW Solar Power in Karnataka

The Central Electricity Regulatory Commission (CERC) recently granted a transmission license to Gadag II-A Transmission to establish a transmission system for the solar...

March 1, 2023

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Mercom Staff

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Daily Wrap-up
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US to Impose 200% Tariff on Aluminum Imports from Russia

The United States has announced that starting March 10, 2023, it will impose a 200% tax on aluminum imported from Russia and its derivatives. In an announcement,...

February 28, 2023

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Arjun Joshi

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Other

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Renewable Energy
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German Chancellor Reaffirms Commitment to Achieve Net Zero by 2045

Germany’s renewable shift is well on track despite setbacks and has accelerated post the Russian invasion of Ukraine, Chancellor Olaf Scholz said while addressing a...

January 20, 2023

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Satish Shetty

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Markets & Policy

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Other

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Renewable Energy
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Sweden Finds Large Rare Earth Metals Deposits Used in EVs and Wind Turbines

Significant deposits of rare earth elements which are essential for the manufacture of electric vehicles (EVs) and wind turbines are located in the Kiruna area, a...

January 16, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewable Capacity Growth Set to Double in Next Five Years: IEA

The International Energy Agency (IEA) has said the global energy crisis is accelerating the installation of renewable power, with the total capacity growth set to almost...

December 6, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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People Without Electricity Set to Increase in 2022 for First Time in Decades

The number of people living without electricity is set to rise by nearly 20 million in 2022, reaching nearly 775 million, finds International Energy Agency’s (IEA)...

November 8, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Companies Urge EU to Boost Investment in Solar Manufacturing Facilities

Company heads of 13 leading European solar organizations have urged the European Commission to call for action to boost investment in the continent’s solar photovoltaic...

October 17, 2022

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Gautamee Hazarika

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Manufacturing

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Solar
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Renewable Energy to Make Up for 50% of the Global Energy Mix by 2050, says DNV Study

Renewables will cut the conventional energy share in the overall energy mix to just below the 50% mark in 2050, according to a study by the Norwegian independent energy...

October 17, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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European Commission Approves €220 Million Aid for Clean Hydrogen Production in Spain

The European Commission, under the European Union (EU) State aid rules, has approved a €220 million (~$215.3 million) Spanish measure to support Cobra Facilities &...

October 14, 2022

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Gourav Mishra

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Other

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Renewable Energy

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Uncategorized
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EU Proposes Mandatory Rooftop Solar for All New Buildings in Member States

The European Commission presented the REPowerEU Plan proposal detailing its strategy to respond to the hardships and global energy market disruption caused by...

May 19, 2022

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Satish Shetty

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Other

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Renewable Energy
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EU to Expedite Renewable Energy Expansion at Lightning Speed

The European Commission has proposed an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in the wake of...

March 14, 2022

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Satish Shetty

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Other

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Renewable Energy

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Uncategorized
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Solar Auction in Kazakhstan Sees Tariff Dip to $0.034/kWh

Kazakhstan’s power market operator JSC KOREM has announced the culmination of auctions for renewable energy projects. Auction for solar projects has resulted in the...

December 15, 2020

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Rahul Nair

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Solar

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Tenders & Auctions
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Fortum Wins 110 MW of Solar and 823 MW of Wind Projects in Russian CSA Auction

Fortum Corporation, a Finnish energy company, has won a Russian Capacity Supply Agreement (CSA) auction to develop 110 MW of solar capacity. The solar power project is...

June 18, 2018

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Nitin Kabeer

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Solar

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Tenders & Auctions

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