EghtesadOnline: The world is going through tectonic change in the energy sector and the renewables revolution is compelling the energy industry to evolve, managing director of the Oil Industries Engineering and Construction Company (OIEC) said.
EghtesadOnline: As long as electricity prices (generated with the help of fossil fuels) are not modified, plans to expand renewable energies will not materialize.
EghtesadOnline: The gradual expansion of green energy since 2009 has helped Iran save close to 800 million liters of water in 10 years.
EghtesadOnline: When thermal and combined-cycle power plants cannot meet the high electricity demand during the peak hours of summer when the temperature and consumption both shoot up, renewables can help generate the required electricity, a board member of Iran Renewable Energy Association said.
EghtesadOnline: The gradual expansion of renewable energy since 2009 has allowed Iran to reduce greenhouse gas emissions by as much as 2.24 million tons.
EghtesadOnline: The prospect of meeting a sizable share of electricity demand through renewables requires a stronger support by banking system, a senior energy official said.
EghtesadOnline: A 10-megawatt solar power plant was inaugurated in the city of Mehriz in Yazd Province in a ceremony attended by Energy Minister Reza Ardakanian.
EghtesadOnline: Oil demand will grow at a “healthy pace” over the next five years as renewables show the fastest expansion of any type of energy, the head of the Organization of Petroleum Exporting Countries said.
EghtesadOnline: The secret to switching the global energy system entirely to renewables may lay in the universe’s most abundant substance.
EghtesadOnline: On Nov. 4, Walmart announced an aggressive plan to increase its investments in renewable energy, pledging to power half its operations from wind, solar, and other renewables by 2025 and to cut the carbon footprint of its operations by 18 percent over the same period. Ten days later, Microsoft made its largest wind-power purchase agreement ever, with a deal to buy 237 megawatts of electricity from turbines in Kansas and Wyoming to run data centers in Cheyenne.