Iberdrola has signed a 25-year power purchase agreement with SABIC for the development of a 100MW renewable energy project.
Emissions & Environment
The UK’s power network operator National Grid ESO has published its latest annual energy system forecast to 2050, the country’s target year for complete decarbonisation. Three of the four projected scenarios see the country meet the target, but with several urgent actions required.
The Australian Renewable Energy Agency has provided $300,000 in funding towards an industry-led initiative to develop a pathway to reduce emissions.
On Site Renewables
Millions of people in rural Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme.
Distributed fossil fuel generation accounted for 86% of installed microgrid capacity in the US in 2019, according to a new report issued by Wood Mackenzie.
The global market for distributed energy resources management technology is expected to grow by 24.3% per annum between 2020 and 2029.
Siemens has entered investment and framework agreements with Berkeley Energy Commercial Industrial Solutions to provide customers distributed energy solutions via a flexible ‘Energy-as-a-Service’ model