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India to see largest energy demand of any country
- Country needs $1.4 trillion to put energy sector on a sustainable path over next two decades, new IEA report says
Clean energy shares outperform fossil fuel stocks
- Clean energy companies become new energy giants, as stocks reach their highest levels since 2008 financial crisis
Turkey's renewable energy investments reach $7B in 2020
- Turkey renewable energy additions totaled 4,800 megawatts last year, supported by Turkey's Renewable Energy Support Scheme
Electricity to form 30% of Turkey energy demand by 2040
- Final energy demand will increase by 40% while electricity demand will grow by around 70% to 90% by 2040
Esenboga Elektrik pays in full for 11 solar power plants
- Approx. 20 million kWh of solar energy, $2.66M of sales revenue and $2.5M of net income are expected in 2021 from plants
Renewables output prevents Turkey's $5B energy imports
- Turkey's installed renewable capacity totals 49 gigawatts with approximately 4.7-gigawatt increase this year
Oxford PV hits world record in solar cell efficiency
- Oxford PV will be first company to sell next generation solar cells to public from 2022
2020 global power demand to see biggest fall in 50 yrs.
- Demand is estimated to rebound modestly in 2021 after historic shock from pandemic in 2020, a new IEA report says
14.12.2020
Electricity
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Support mechanism key to Turkey’s renewables growth
- Renewable energy capacity additions this year to date set record high with over 4,200 megawatts
Esenboga Elektrik purchases 11 solar power plants
- Approx. 20 million kWh of solar energy, $2.66M of sales revenue and $2.5M of net income are expected in 2021 from plants
US Fed keeps interest rate unchanged
- Central bank says economic activity, employment remain well below pre-pandemic levels
Renewable companies overtake world's once energy giants
- Financial markets have a rethinking of future energy needs and supplies with COVID-19 and regard fossil fuels a growing risk, top expert says
US Fed Chair: Path ahead ‘highly uncertain’ for economy
- Employment, overall economic activity remain well below pre-pandemic levels, central bank head says
Turkey extends renewable energy support mechanism date
- If plant equipment is locally-produced, additional support for five years will be given starting from commission date
Turkey gets 3.9B TL for clean energy generation in Aug.
- Under Renewable Energy Support Scheme, 817 facilities producing about 5.7 million MWh of electricity receive financial aid
Turkey's Naturel Enerji to develop solar plant in Italy
- Total contract value is €12 million including VAT for project considered one of important solar plants in Italy and Europe
Fed to target 2% average inflation
- Maximum employment broad-based and inclusive goal, says US Federal Reserve
Turkey gets 4.1B TL for clean energy generation in July
- Under Renewable Energy Support Scheme, 817 facilities producing about 6.3 million MWh of electricity received financial aid
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US' gas-fired electricity generation rises 9% in 1H20
- Increase in natural gas-fired generation result of low gas prices, additions in gas-fired power capacity
Turkey gets 3.9B TL for clean energy generation in June
- Under Renewable Energy Support Scheme, 817 facilities producing about 6.17 million MWh of electricity received financial aid
Non-fossils account for 20% of US energy use in 2019
- US total renewable energy consumption surpassed coal consumption last year for first time in 130 years
Consortium to build record-tall 3D printed wind turbines
-Unlike traditional turbines under 100 meters, a 160-meter 3D-printed turbine built onsite can generate 33% more power
Turkey gets 5.2B TL for clean energy generation in May
- Under Renewable Energy Support Scheme, 817 facilities producing about 8.6 million MWh of electricity received financial aid
GE inks wind power deal with Naturgy in Spain
- Agreement covers maintenance for 13 Eco-80 wind turbines
Turkey determines 7 blocks in E. Med. under Libya pact
- Turkish Petroleum may start new drilling activities in these areas in next 3-4 months, energy minister says
Siemens to supply 497 MW wind turbines to France
- The start of plant operations is scheduled between the end of 2021 and early 2022
Turkey gets 5B TL for clean energy generation in April
- Under Renewable Energy Support Scheme, 817 facilities that produced 8.6 million MWh of electricity received financial aid