News

Drought of the Century Reinitiates Energy Crisis in Brazil with 2/3 Power Supply Coming From Hydroelectricity

published: 2021-09-20 9:30
Here comes 2021, just when you thought that 2020 was bad enough already. This year saw droughts, wildfires, hurricanes, and flooding, whereas Brazil is also facing a “drought of the century”. The country relies on hydroelectricity for 2/3 of its power supply, though the severe drought is exacerbating the supply of power and the agricultural sector, and has pushed up the prices of electricity and produce. ...  more

US Aims to Achieve 40% Solar Power Supply by 2035 Through Preferential Tax Policy

published: 2021-09-20 9:30
According to a memorandum announced by the US Department of Energy last month, the approval of the preferential tax policy on renewable energy programs and module makers by the US Congress may amplify the intensity for the deployment of renewable energy, and the ratio of solar power generation is likely to rise from the existing 3% to 40% in 2035. ...  more

Myanmar extends deadline for 1 GW PV tender

published: 2021-09-17 17:53
Myanmar's Ministry of Electricity and Energy (MOEE) has announced that the bid submission date for the 1 GW PV tender it launched in May has been extended to October without any reason. The previous deadline had been set for Augus...  more