The Covid-19 crisis is hurting but not halting global growth in renewable power capacity

The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the Covid-19 crisis, marking the first annual decline in new additions in 20 years, according to the International Energy Agency. But their growth is expected to resume next year as most of the delayed projects come online and assuming a continuation of supportive government policies.

World Bank finds

World Bank finds 'over 15TW offshore potential'

More than 40 emerging markets analysed showing opportunties for both fixed and floating technologies.  

Covid-19 Impact: India

Covid-19 Impact: India's power demand falls over 20 per cent in May

On May 5, the peak power demand dropped to 134.89 gigawatt (GW) as compared to 168.62 GW last year, registering a drop of 20 per cent.

German power demand seen down 4-5 per cent, gas 6-10 per cent in 2020

German power demand seen down 4-5 per cent, gas 6-10 per cent in 2020

Power demand has already decreased by 4 per cent so far this year compared with the same period in 2019, Team Consult said in a research note published late on Tuesday, while gas use contracted 6 per...

Thailand offers power bill cuts for 22 million households

Thailand offers power bill cuts for 22 million households

The Thai government has formally approved energy authorities' decision to either waive or cut electricity charges for 22 million households affected by the coronavirus disease (COVID-19).  

CapitaLand secures S$400 million in green loans to catalyse greening of global portfolio by 2030

CapitaLand Ltd has secured a total of S$400 million (US$281 million) in two bilateral green loans to catalyse greening of the group’s global portfolio by 2030, the company has announced.

LONGi commits to use "100% renewable energy by 2028"

LONGi commits to use "100% renewable energy by 2028"

The Global Initiative RE100 is a campaign with the aim to gather the companies in the list of Global Fortune 500 such as Apple, Google, Facebook, Coca-Cola, Microsoft, Philips and Goldman Sachs for...

Indonesia moves to provide electricity for entire population by 2020

Indonesia moves to provide electricity for entire population by 2020

The Indonesian Government plans to invest at least 1,260 billion Rp (76.14 million USD) in electrifying 433 remote villages in the country’s four most impoverished provinces in 2020.  

Germany helps double land use in aquaculture farming and solar energy project

Germany helps double land use in aquaculture farming and solar energy project

Using renewable energy can help aquaculture sector in Vietnam alleviate pressure on land and protect the environment.

US clean energy sector seeks subsidy help to confront slowdown

US clean energy sector seeks subsidy help to confront slowdown

Recenty, Wind and solar energy companies called on Congress to pass tax incentives that would help the sector avoid project delays and keep financing flowing amid a pandemic that has choked off supply...

Norwegian multinational to develop 70-mln-USD solar plant in Indonesia

Multinational Scatec Solar plans to invest 70 million USD to build a 70MW solar photovoltaic plant in Labuan Bajo, a famous tourist destination in Indonesia’s East Nusa Tenggara.

Indonesia to invest 6.3 bln USD in power infrastructure development

Indonesia to invest 6.3 bln USD in power infrastructure development

State electricity company PLN of Indonesia will spend 90 trillion Rp (6.3 billion USD) on financing the development of new electricity infrastructure in 2020, a representative of the company has sa...

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News

The rooftop solar power projects expect to be strongly developed

Cập nhật 28/05/2020

According to the Decision 13/2020/QD-TTg (Decision 13), dated April 6, 2020 of the Prime Minister,...

Innovation

EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...

Investment

EVN calls for investment in solar power plants on reservoirs

Cập nhật 25/05/2020

Electricity of Vietnam (EVN) is seeking investors in new electricity projects, including solar power...

Business

HCM City re-starts key power projects

Cập nhật 04/05/2020

The Ho Chi Minh City Power Corporation (EVN HCMC) on April 28 said it has resumed a number of electricity...

Production

EVN offers discounts on power use

Cập nhật 25/05/2020

Millions of power consumers in Vietnam will enjoy discounts of 10 percent on their bills as part of...