Share of Renewable Energy in Mongolia Reaches Record High
The share of renewable energy in Mongolia's total electricity production has reached a record high in 2018, local media reported Monday.
The share of renewable electricity generation rose to 16 percent on average for 2018, the ministry of energy was quoted as saying, Xinhua reported.
A solar power plant with a capacity of 15 megawatts opened in late June in Zamiin-Uud soum in Mongolia's southeastern Dornogovi province, while two other solar power plants with the capacity of producing 30 MW and 20 MW were put into operation recently.
Also, a wind farm with a total capacity of 55 MW was commissioned in late September nearby Sainshand city, capital of the province.
The four energy plants have contributed to renewable energy capacity by 120 MW this year, and the country has a potential wind capacity of 1,100 gigawatts.
The country, which enjoys more than 250 days of sunshine a year, has set a goal to make renewable energy use account for 20% by 2020 and 30% by 2030.
With three million people, the country's installed power generation capacity is 1,500 MW.
source: Financial Tribune
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
