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July 14, 2020

Coronavirus company news summary – Kuwait cancels solar plant plans – China to build up to eight new nuclear plants by 2025

Covid-19 continues to disrupt construction of energy plants

The Kuwaiti government has scratched plans to build the Al-Dabdaba solar plant due to the spread of Covid-19 and its impact on the global oil and financial markets, Reuters reported. The project would have supplied 15% of the country’s oil sector’s energy demand. The contract was to be carried out by Kuwait National Petroleum Company, slated to go online in February 2021.

Free Report
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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

China is planning to build six to eight new nuclear power plants between 2020 and 2025, China Daily has reported. According to the China Nuclear Energy Association, the country expects to have 51 reactors in operation by the end of this year, with an installed capacity of 52GW. By the end of 2025, this will increase to 70GW, with another 30GW of reactors under construction.

The Serbian government has decided to postpone a public discussion on plans for the Kolubara B thermal power plant because of the spread of the coronavirus. The public discussion on the project was slated for 15 July, and would have also covered the strategic environmental impact assessment report.

National Grid has started construction work on the €2bn Viking Link, the world’s longest subsea power cable. The 764km underwater interconnector will run between Bicker Fen in Lincolnshire and South Jutland in Denmark. It will give UK access to the Denmark energy grid.

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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