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$75m Loan for Country’s Largest Wind Farm in Pakistan
The Asian Development Bank announced on Monday its approval of a $75 million loan to support the development of the largest wind farm in Pakistan. The deal with Triconboston Consulting Corporation (TBCC) is ADB’s third wind energy investment in Pakistan’s…
Stanford Engineers Set Record for Capturing and Storing Solar Energy in Hydrogen Fuel
Solar energy has the potential to provide abundant power, but only if scientists solve two key issues: storing the energy for use at all hours, particularly at night, and making the technology more cost effective. Now an interdisciplinary team at…
World’s Largest Thermal Solar Plant Could Be Coming To Nevada
While thermal solar power plants have had a bit of trouble catching on in the US, solar energy company SolarReserve is hoping to change that. The company recently announced it’s hoping to build a 2,000 megawatt facility in Nevada called…
GE Secures over $900 Million Order for Latin America’s Largest Gas Power Plant
GE announced few days ago that it has secured a more than $900 million turnkey order with Centrais Elétricas de Sergipe S.A. (CELSE) for Brazil’s Porto de Sergipe combined-cycle power plant. With a generating capacity of 1,516 MW, the facility…
1st Meeting of the High-level Committee of the Algiers Accord – OPEC and Non-OPEC Oil Producing Countries
The OPEC High-level Committee, established by the Algiers Accord, met with non-OPEC oil producing countries on Saturday, 29 October, at OPEC headquarters in Vienna. It was preceded by the first High-Level Committee Meeting, held Friday, 28 October, among OPEC Member…
1,000-Year-Old UK Cathedral Is Likely World’s Oldest Cathedral to Go Solar
A 1000-year-old UK cathedral is joining the solar power revolution. UK solar company Mypower just installed the first panel of around 150 on the roof of Gloucester Cathedral in England earlier this week. When the installation is complete, Mypower says…
Falling Costs and Tech Innovations Will Drive Offshore Wind Power Boom
Offshore wind power has the potential to grow from just 13 gigawatts (GW) in 2015, to 100 GW in 2030, according to new analysis from the International Renewable Energy Agency (IRENA). Innovation Outlook: Offshore Wind, launched today at the World…