Headline News:
- “Saudi Arabia Awards 4.5 GW Of Solar And Wind Projects” • Saudi Arabia has awarded 4,500 MW of wind and solar capacity worth more than 9 billion riyals ($240 million) under the sixth phase of its National Renewable Energy Program. The Dawadmi wind energy project is notable because its LCOE set a record for wind power at 1.33803¢/kWh. [reNews]
Signing ceremony (Ministry of Energy Saudi Arabia)
- “Drones, Oil, And Escalation: Ukraine’s Deep Strikes Impact Russia” • At a secret location in rural Ukraine, attack drones are assembled at night to strike deep inside Russia. Their targets are strategic: oil refineries, fuel depots, and military logistics hubs. The IEA says drone strikes have cut Russia’s refining capacity by about 500,000 barrels per day. [ABC News]
- “Space-Based Solar Power Market To Reach $902.2 Million By 2030, Growing At A CAGR Of 7.8%” • According to a report by Allied Market Research, the global space-based solar power market was valued at $425.7 million in 2020 and is projected to reach $902.2 million by 2030. With this projection, it is growing at a CAGR of 7.8% from 2021 to 2030. [Newstrail]
- “Air Pollution Linked To Breast Cancer” • The air pollution produced by gas and diesel vehicles is a bit tricky because even though we sometimes see it in the form of smog and smoke, most of it isn’t visible. Nevertheless, it harms human health in many ways, and now a study points to a link between such air pollution and breast cancer. [CleanTechnica]
- “ContourGlobal Seals $350 Million Of US Solar Financing” • ContourGlobal closed its first US renewable project financing, securing more than $350 million for the 324-MW Black Hollow Sun solar project in Colorado. The package includes a tax equity investment and debt financing, and could exceed $421 million upon completion of phase two. [reNews]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
* This article was originally published here
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