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Renewable Energy News

Egypt Could Generate More Than Half Of Its Electricity Needs From Renewable Energy

According to a new report from the International Renewable Energy Agency, Egypt has the potential to generate 53% of its electricity from renewable energy sources by 2030 and could reduce its energy bill by up to $900 million annually Source: Clean TechNew feed Egypt Could Generate More Than Half Of Its Read More

ABB Wins $330 Million Deal To Supply HVDC Converters For New Hydro In Tajikistan

ABB has won a $330 million contract to supply new high-voltage direct current (HVDC) converters that will enable the efficient transmission of electricity from hydroelectric power plants in Tajikistan to consumers in Pakistan Source: Clean TechNew feed ABB Wins 0 Million Deal To Supply HVDC Converters For New Hydro In Tajikistan

40% Of China’s Coal Plants Are Losing Money, Reports Carbon Tracker

Two-fifths of China's coal power plants are losing money according to a new "revolutionary" satellite-based methodology designed to assess climate risk from fossil fuel plants launched this week by Carbon Tracker, which also showed that plant owners could save nearly $390 billion by closing plants in line with the Paris Climate Agreement.  Read More

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