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Greece's offshore wind project has unveiled its Strategic Environmental Impact Assessment (SEIA) at a special event. The project consists of 25 areas covering 2,712 square kilometers and has a capacity of at least 12.4 GW. Most of these areas are suitable for floating wind technology. The plan identifies 10 areas eligible for development by 2030 to 2032, with a total floating project capacity of approximately 4.9 GW. The list of eligible Organized Development Areas for Offshore Wind Farms (OWF-ODA) includes eastern Crete, southern Rhodes, the central Aegean, the Evia-Chios axis and the Ionian Sea. A study by the Foundation for Economic and Industrial Research (IOBE) found that offshore wind deployment could boost gross domestic product by €1.9 billion per year, increase government revenue by €440 million and support up to 44,400 jobs per year. 

Vibrant Energy has signed a power purchase agreement with e-commerce giant Amazon for a 198 MW wind farm project in Maharashtra. The scheme is expected to generate 6,97,261 MWh of electricity annually and offset 4,94,137 metric tons of CO2 emissions annually and is expected to be operational by early 2025. Vibrant Energy is supporting Indian businesses to achieve net-zero carbon electricity.

A year ago, a solar mini-grid in the Nigerian village of Sabangida provided nearly uninterrupted power to half of the community’s homes and businesses. This has led to the growth of clean energy mini-grids, with rural Africa set to benefit the most. The World Bank and the International Energy Agency consider solar minigrids a viable way to provide fossil-free electricity to rural areas in sub-Saharan Africa. However, scaling up solar in Africa faces challenges such as securing investors, inflationary pressures, better state financing and clear policies.

Thursday, 02 November 2023 14:46

The four battles to follow during COP28

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The COP28 climate talks in Dubai focus on four key topics: reducing emissions, eliminating fossil fuels and delivering a just energy transition for developing countries. The Paris Agreement, which aims to limit average global temperatures to 1.5 degrees Celsius, is no longer enough. Countries must negotiate a phase-out of fossil fuels, which account for 80% of global energy consumption. COP28 must conduct the first global stocktake of the Paris Agreement and determine necessary measures.

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