About 60 percent of Iran’s power generation capacity was created by the private sector funding and more investment is being made in this sector, said head of Iran's Power Generation, Transmission and Distribution Management Company (Tavanir).
South Africa's announcement that it will open up electricity generation to other players, effectively breaking Eskom's monopoly, has been welcomed by many, especially the mining industry, a key sector in Africa's most industrialized economy.
As beneficial as current solar panel technology has been in our quest to switch to renewable energy, such panels can't generate electricity at night. Now, new research suggests it could be possible to design panels that can operate around the clock.
Over 97,000 megawatt (MW) capacity of Iran’s thermal power plants are undergoing a general overhauling program to get ready for next year’s peak period demand, announced a Thermal Power Plants Holding Company (TPPH) official.
Energy Minister Reza Ardakanian said that the Iranian government has added about 13,000 megawatts of electricity to the country’s grid over the past five years, showing a 25-percent increase year-on-year.
Germany’s engineering giant Siemens is backing Iran in plans to launch power plants relying on modern gas turbines that would add some 5 gigawatts (GW) to the country’s electricity generation capacity.
The number of insurers withdrawing cover for coal projects more than doubled this year and for the first time US companies have taken action, leaving Lloyd’s of London and Asian insurers as the “last resort” for fossil fuels, according to a new report.