More News and Commentary

Scottish Power sells fossil assets to focus on wind

The Guardian: Scottish Power has ditched fossil fuels for electricity generation and switched to 100% wind power, by selling off its last remaining gas power stations to Drax for more than £700m. Iberdrola, Scottish Power’s Spanish parent company, said the move was part of its strategy to tackle climate change and would free it up […]

October 16, 2018 Read More →

Green groups take aim at Greek coal plant permits

Reuters: Environmental campaign group ClientEarth has launched a legal challenge seeking to revoke a permit for two coal-fired power plants in Greece, one of which has yet to be built, it said on Monday. ClientEarth said it launched the action with the Greek branches of Greenpeace and the World Wildlife Fund (WWF) because Greece had […]

October 16, 2018 Read More →

Taiwan premier agrees to cancel coal plant expansion

Focus Taiwan News Channel: Activists on Friday applauded the government’s decision to scrap plans to expand the coal-fired Shen’ao power plant, which had been met with heavy opposition from environmental groups since it was announced in March. Hung Shen-han (洪申翰), secretary-general of the Green Citizens’ Action Alliance, hailed the government’s decision as a step in […]

October 15, 2018 Read More →

Blockchain energy trading pilot planned in Thailand

PV Magazine: Perth-based blockchain developer Power Ledger has come together with Thai renewable energy business BCPG to launch a peer-to-peer (P2P) renewable energy trading trial at the T77 urban precinct in Bangkok, Thailand. The trial is realized in partnership with Thai utility Metropolitan Electricity Authority (MEA), which is allowing access to its network for the […]

October 15, 2018 Read More →

Berman: Trans Mountain an economic, environmental mistake

The Star – Edmonton: Controversial environmental activist and professor Tzeporah Berman and Premier Rachel Notley went toe to toe over pipelines and policy at an Alberta Teachers’ Association conference on Saturday. Berman, a York University professor who previously served on the Alberta’s government’s Alberta’s Oil Sands Advisory Group and drew controversy for her staunch anti-pipeline […]

October 15, 2018 Read More →

IEEFA Europe: A blacklist of 120 coal plant developers for investors seeking to lower climate risk

Financial peril across an industry’s entire supply chain is intensifying

Even as risks mount for coal worldwide, nearly 1,400 new coal plants or units are planned or under development in 59 countries. If built, these plants would increase coal power capacity by 33%, adding more than 670,000 megawatts to the global coal plant fleet. Who exactly is developing these new coal plants?  German environmental NGO […]

October 12, 2018 Read More →

World Bank says no to planned Kosovo coal plant

London South East: The World Bank said on Wednesday it would not support a planned 500-megawatt (MW) coal-fired power plant in Kosovo, the first major energy project in the Balkan country in more than two decades. Kosovo’s government had asked the Washington-based lender to provide it partial risk guarantees that would help unlock cheaper loans […]

October 11, 2018 Read More →

IRENA: Renewables can provide 50% of Egypt’s electricity by 2030

Arabian Industry: Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Renewable Energy Outlook: Egypt report, released at a high-level conference in Cairo today in the presence of Egyptian government officials and […]

October 11, 2018 Read More →

Hawaiian Electric plans record solar additions, and storage too

Pacific Business News: Honolulu-based utility Hawaiian Electric said on Tuesday it has selected seven solar-plus-storage projects for the largest infusion of renewable energy in state history. Once contract negotiations have been finalized, the seven projects are expected to produce approximately 260 megawatts of solar energy on Oahu, Maui and the Big Island. Each of the […]

October 11, 2018 Read More →

Leading buyout group to back renewable energy development in Middle East, Africa

Financial Times ($): Blackstone, the world’s largest buyout group, is launching a standalone company to invest “hundreds of millions of dollars” in renewable power assets in the Middle East and north Africa, said people familiar with the plans. The new business, named Zarou after an ancient bridge built on the River Nile to connect Africa […]

October 11, 2018 Read More →