Tag: solar
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Venterra’s £40m Fundraising Highlights Renewables Group’s Leadership Tensions
Venterra Secures £40 Million in Fundraising Amid Leadership Tensions Venterra, the renewables group founded by the former chief executive of Petrofac, is set to announce a £40 million fundraising round this week, according to industry sources. The planned capital raise comes after a tumultuous autumn during which Petrofac, the oilfield services giant that once helped…
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Kenya Local Electricity Generation: Growth and Trends 2000-2022
Overview: A steep rise in local electricity generation Kenya’s local electricity generation has evolved rapidly over the last two decades, marking a notable shift in the country’s energy landscape. Starting from around 4 terawatt-hours (TWh) in 2000, output climbed to more than 11.8 TWh by 2021 and reached about 12.7 TWh by 2022. This trajectory…
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Kenya’s Local Electricity Generation: 20-Year Growth
Introduction: A decade-and-a-half of rapid expansion Kenya has emerged as a notable case study in local electricity generation, showing how a nation can expand its grid with a mix of traditional and renewable resources. From a modest start at about 4 terawatt-hours (TWh) in 2000, the country’s generation capacity and output have surged over the…
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Kenya’s Local Electricity Generation: A Two-Decade Growth Story
Overview: A Bold rise in local electricity generation Kenya has transformed its energy landscape over the past twenty years, moving from a relatively small, locally generated electricity base to a robust mix of renewable sources that power households, businesses, and a growing industrial sector. The country’s local generation rose from about 4 terawatt-hours (TWh) in…
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Renewable Energy Surpasses Coal in Australia in 2025: A Landmark Shift
Australia’s Energy Mix Reaches a Milestone In a striking turn of events reported by The Guardian, renewable electricity usage in Australia overtook power generated from coal for the first time. This milestone marks a fundamental shift in the country’s energy landscape and signals a broader transition toward cleaner energy sources. The September 2025 data show…
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Australia’s Renewables Overtake Coal: What This Energy Shift Means
A watershed moment: renewables surpass coal in Australia In a landmark shift for the energy market, renewables have overtaken coal as Australia’s leading source of electricity. The Guardian’s report highlights that, for the first time, solar, wind, hydro, and bioenergy combined now power more of the grid than coal. This transition reflects a rapid expansion…
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Supply boom in cheaper renewables will seal end of fossil fuel era, says IEA
Overview: a turning point in global energy The International Energy Agency (IEA) has issued a banner forecast: a supply boom in cheaper renewable energy will make the fossil fuel era effectively irreversible in the coming decade. The agency argues that renewables will grow faster than any other major energy source, driven by falling costs, improving…
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IEA Says Cheaper Renewables Will End Fossil Fuels Sooner Than Expected
Overview: Renewables on a Fast Track The International Energy Agency (IEA) has placed a stark forecast on the global energy transition: renewables are poised to outpace all other energy sources in growth over the next decade. Despite political pushback in parts of the United States and Europe, cheaper and more accessible green power is reshaping…
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Interstellar Comet 3I/ATLAS Brightens Unexpectedly as It Nears the Sun
Unprecedented Brightening Stuns Scientists The interstellar visitor 3I/ATLAS continues to astonish researchers as it brightens at an unexpectedly rapid pace during its closest approach to the Sun. While comets commonly glow brighter as they shed dust and gas when heated by solar radiation, the rapid surge in brightness of this alien object has left astronomers…
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Otovo to cut 88 jobs as it migrates solar installations to external partners
Overview: Otovo’s major restructuring and job cuts Norway-based solar company Otovo announced a significant workforce restructuring in a stock market notice, stating it will reduce its headcount by 88 employees. The move brings the total staff from 213 down to 125 as the company pivots its business model and cost structure. The restructuring is part…