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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B Happy Monday! 

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? Nuclear’s day in the sun #177

Climate Tech VC

In funds, Active Impact Investments and Congruent both launch their third funds.   The pledge also calls on international banks to include nuclear in energy lending policies to help finance project-killing infrastructure expenditures. Nuclear is having its moment in the sun.    Thanks for reading!

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The Rules for Early-Stage Cleantech Venture Capital Investment in 2021

GreenTechMedia

Clean technology venture capital investment strategies for the next decade will look much different than those of the past two decades. In the first wave of venture green technology investing, firms sunk billions of dollars into companies whose success depended on replacing entire industrial ecosystems.

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Total and Marubeni to Build 800MW Solar Plant in Qatar Ahead of World Cup

GreenTechMedia

French oil major Total and Japanese conglomerate Marubeni have won the rights to build Qatar’s first utility-scale solar PV project, due online in time for the 2022 World Cup. The full investment for the project is estimated to be 1.7 Lowest-ever solar PPA price. Total acquired energy storage manufacturer Saft in 2016.

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Industry Insight on Egypt – Emerging Power in Green Hydrogen

Hydrogen Fuel News

With its bountiful resources and strategic position, the country aims to cement its place as a leader in the clean energy transition. This ambition sets the stage for a detailed exploration of the opportunities and challenges that lie ahead, each aspect contributing to the blueprint of a sustainable energy future.

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DEWA pioneers fog monitoring and forecasting model

Smart Energy International

Dubai Electricity and Water Authority (DEWA)’s R&D Centre has developed a satellite-based model for forecasting and monitoring fog. The model will be integrated with the planning and operation of power generation at DEWA, with the aim to improve the management of production. Have you read?