Solar
![Solar](/cache/07-18/britain-16.0d20d637.png)
2018, July, 27, 12:05:00
BRITAIN'S NUCLEAR POWER: 21%
WNN - The Digest of UK Energy Statistics (DUKEs), published today by the Department for Business, Energy and Industrial Strategy (BEIS), shows low-carbon sources of electricity accounted for a record 50.1% of power generated in the UK in 2017, which is up from 45.6% the previous year. This figure consists of 21.0% from nuclear, 14.8% wind (onshore and offshore), 3.4% solar and 2.3% hydro amongst low-carbon power sources.
![Solar](/cache/07-18/ENERGY-23.00405aa1.png)
2018, July, 23, 13:25:00
GLOBAL ENERGY INVESTMENT DOWN 2%
IEA - For the third consecutive year, global energy investment declined, to USD 1.8 trillion (United States dollars) in 2017 – a fall of 2% in real terms. The power generation sector accounted for most of this decline, due to fewer additions of coal, hydro and nuclear power capacity, which more than offset increased investment in solar photovoltaics.
![Solar](/cache/03-18/SAUDI-83.5fa48f55.png)
2018, March, 28, 10:30:00
SAUDIS SOLAR INVESTMENT $200 BLN
REUTERS - The final investment total for the 200 GW of generation, including the solar panels, battery storage and a manufacturing facility for panels in Saudi Arabia, will eventually total around $200 billion, Son said.
![Solar](/cache/02-18/uae-5.9e666825.png)
2018, February, 16, 23:15:00
DEWA INVESTS $22 BLN
AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.
![Solar](/cache/12-2017/KOREA-5.da5f6f2d.png)
2017, December, 18, 12:30:00
S.KOREAN LNG
PLATTS - South Korea aims to boost the portion of LNG in its electricity generation mix to 18.8% in 2030 from an estimated 16.9% this year as part of efforts to reduce its heavy reliance on coal and nuclear, the energy ministry said.
![Solar](/cache/12-2017/BP-62.2e8558b3.png)
2017, December, 15, 12:45:00
BP INVESTS TO SOLAR
BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.
![Solar](/cache/12-2017/RENEWABLE-7.3da71505.png)
2017, December, 13, 12:15:00
WBG: NO OIL&GAS FINANCE
WBG - The World Bank Group will no longer finance upstream oil and gas, after 2019.
![Solar](/cache/11-2017/KOREA-4.fd23a190.png)
2017, November, 24, 09:05:00
S.KOREA'S SOLAR UP
FT - OCI — the world’s third-largest polysilicon maker by capacity and South Korea’s biggest — this month reported a 3,373 per cent increase in operating profit to Won78.7bn ($72m) for the July-September quarter, its best performance in five years. Rival Hanwha Chemical saw third-quarter net profit jump 25 per cent to a record Won252bn.
![Solar](/cache/10-2017/transcanada-5.3a20536e.png)
2017, October, 27, 19:00:00
TRANSCANADA SELLS SOLAR $540 MLN
TransCanada Corporation has entered into an agreement to sell its Ontario solar portfolio comprised of eight facilities with a total generating capacity of 76 megawatts to Axium Infinity Solar LP, a subsidiary of Axium Infrastructure Canada II Limited Partnership, for approximately $540 million.
![Solar](/cache/10-2017/China-110.d928b984.jpg)
2017, October, 16, 12:05:00
CHINA'S SOLAR ENERGY UP 50%
China installed 38.28 gigawatts of solar power from January to August, up 49.5 percent from the end of last year, according to the China Electricity Council.
![Solar](/cache/10-2017/BRAZIL-11.c6ee9b3e.jpg)
2017, October, 6, 12:40:00
STATOIL'S RENEWABLE INVESTMENT
"Brazil is a core area for Statoil where our ambition is to deliver safe and sustainable growth in a significant energy market. Entering into solar in Brazil adds to the positions we have already in the producing Peregrino oil field and in the offshore licenses BM-S-8 and BM-C-33 which include the yet to be developed discoveries Carcará and Pão de Açúcar respectively. We are excited to have entered our first solar project with an experienced partner like Scatec Solar," says Irene Rummelhoff, Executive Vice President of New Energy Solutions in Statoil.
![Solar](/cache/10-2017/SHELL-47.4cf10802.jpg)
2017, October, 2, 14:40:00
SHELL'S INVESTMENT RISKS
“The point that you can be too early was proved by us,” he says. “We were among the first of the big international oil companies to get into solar and we found out we could not make any money out of it.”
![Solar](/cache/09-2017/RENEWABLE-4.6995b37d.png)
2017, September, 25, 13:10:00
RENEWABLE ENERGY UP
China accounts for the lion’s share of the upsurge. But Middle East and north African countries are scheduled to have installed 14GW in solar plants by the end of 2018 — a seven-fold increase from 2015. Central and South America are also expected to reach 14GW, nearly five times more than in 2015, while India is set to hit 28GW, a jump of nearly six times.
![Solar](/cache/06-2017/BP-50.f1d1192d.png)
2017, June, 21, 11:25:00
BP ENERGY REVIEW
Bob Dudley, BP group chief executive, said: “Global energy markets are in transition. The longer-term trends we can see in this data are changing the patterns of demand and the mix of supply as the world works to meet the challenge of supplying the energy it needs while also reducing carbon emissions. At the same time markets are responding to shorter-run run factors, most notably the oversupply that has weighed on oil prices for the past three years."
![Solar](/cache/2017/Argentina-3.11286ae8.jpg)
2017, April, 12, 18:35:00
ARGENTINA NEED INVESTMENT: $14 BLN
Specifically, a plan to boost wind and solar energy capacity in coming years was likely to bring in $13 billion in investment, Procaccini said. There also is potential for $30 billion in mining investments to help Argentina catch up to neighboring Chile, and efforts to cut labor costs will help attract investment in oil and gas.