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Iraq Bulletin

Tag : solar power

Business

World Bank backs Morocco hydropower storage with $265m

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The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs a major storage project designed to help Morocco add more renewable power...
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

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ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind farms in northern and central...
News

Germany holds renewable power share steady at 57 percent in 2025

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BERLIN, September 30, 2025: Renewable energy sources accounted for 57 percent of Germany’s electricity consumption in the first nine months of the year, maintaining the same level as in the corresponding period of 2024, according to preliminary data released Tuesday...
Featured News

Power capacity from renewables sees record-breaking global growth in 2024

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Record-breaking annual growth in renewable power capacity in 2024 has been confirmed by the International Renewable Energy Agency (IRENA) in its latest Renewable Capacity Statistics 2025 report. The report shows global renewable power capacity reaching 4,448 gigawatts (GW), following an...
Featured News

Emerging economies to drive 85% of global electricity demand growth

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Global electricity demand is projected to grow at its fastest rate in recent years, increasing by nearly 4% annually through 2027, according to a new report from the International Energy Agency (IEA) released today. The surge in power consumption is...