GE Is Banking on Africa’s Burgeoning Power Market

Credit to Author: Sonal Patel| Date: Thu, 16 May 2019 13:43:35 +0000

Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, General Electric (GE) said in a white paper released in May, surveying market opportunities in the […]

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NV Energy Accelerates Retirement of One of Nevada’s Last Coal Units

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 12:57:34 +0000

NV Energy plans to retire a 254-MW coal-fired unit in a power-constrained region of Nevada at the end of 2021, four years ahead of schedule. The company will instead purchase 1,001 MW from new solar photovoltaic projects equipped with 100 MW of long-term battery storage, effectively doubling its total renewable generation from 14% in 2017 […]

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China Sets a New Renewable Portfolio Standard

China in mid-September increased its renewable portfolio standard (RPS) to 35% of electricity consumption by 2030. The country has already heavily invested in wind and solar, and it anticipates more gains will

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