Power Purchase Agreements (PPAs) have become a cornerstone in the renewable energy sector, providing a stable and long-term solution for both power producers and buyers. These agreements, typically lasting between 10-20 years, are gaining traction due to several driving factors in the electricity
In a significant move to address the recurrent collapse of Nigeria's power grid, the National Economic Council (NEC) has established a dedicated committee focused on national electrification. Chaired by Cross River Governor Bassey Otu, the committee includes an array of influential members,
China’s ambitious construction of three massive hydropower dams on the upper reaches of the Machu (Yellow River) in Tibet has raised significant scientific concerns about potential geological disasters and severe environmental consequences. This development occurs in a region already facing the i
The publication of Version 65 of the “solar cell efficiency tables” by Professor Martin Green's research group from the University of New South Wales in Australia marks a significant milestone in the field of solar energy. This latest version, published in the journal Progress in Pho
In the face of the incoming Donald Trump administration's plans to dismantle U.S. energy efficiency standards, concerns are mounting regarding the potential for increased energy costs for American households and weakened economic competitiveness on a national scale. This initiative threatens
In a landmark move aimed at bolstering the reliability and resilience of Texas's electrical grid, the Public Utility Commission of Texas (PUCT) has given the green light to Oncor Electric Delivery’s expansive $3 billion system resiliency plan. This decision marks a significant step towards e
The ongoing Russia-Ukraine war has wreaked havoc on Ukraine's energy infrastructure, with relentless missile strikes targeting various energy facilities. Despite these daunting challenges and significant damages, Ukraine has demonstrated remarkable resilience and progress in rebuilding and
A significant stride was made in the advancement of floating offshore wind technology in South Korea when Haewoori Offshore Wind, a company established in 2022 by Copenhagen Infrastructure Partners and Copenhagen Offshore Partners, signed a memorandum of understanding (MoU) with Korea Marine
In a significant advancement towards the UK's clean energy transition, Atlantic Green has successfully secured £152 million in financing for its Cellarhead battery energy storage system (BESS) project. This development represents a crucial step in bolstering the capacity and reliability of the
The collaboration between Masdar, a clean energy company based in the UAE, SOCAR Green, and ACWA Power marks a significant milestone in Azerbaijan's push towards renewable energy. This joint effort aims to develop 3.5 GW of offshore wind projects in the Caspian Sea region, reflecting the
