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Saturday, May 16, 2026

solar power

Global solar power expansion to dip for the first time ever in 2026- oil and gas 360

Global solar power expansion to dip for the first time ever in 2026

December 16, 2025

(Oil Price)– Amid major policy shifts, next year will see the first-ever decline in annual solar power capacity installations, following the weakest growth in seven years in 2025, according to BNEF’s Global PV Market Outlook. Developers are set to add globally a total of 649 gigawatts (GW) of solar power capacity in 2026, which would be a slight drop compared to

Saudi Arabia awards five renewables projects worth $2.4 billion- oil and gas 360

Saudi Arabia awards five renewables projects worth $2.4 billion

October 28, 2025

(Oil Price) – Saudi Arabia has awarded one wind power and four solar power projects in the country worth a total estimated investment of $2.4 billion (9 billion Saudi riyals), the official Saudi Press Agency reports. Saudi Power Procurement Company, the principal buyer of the projects, awarded the five projects with a total capacity of 4.5 gigawatts (GW), as part of the

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