Geography

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IEEFA op-ed: Why the SEC should conduct the investigation of Puerto Rico’s debt obligations

One agency is well-positioned to do a thorough and fair review

Puerto Rico’s non-bondholding creditors — companies that have supplied the commonwealth with goods and services such as oil deliveries — have asked the court overseeing the commonwealth’s bankruptcy proceedings to let them conduct an investigation into the territory’s debt history. Clearly, a thorough and objective inquiry is necessary, but the organization most likely and best […]

June 22, 2018 Read More →

India’s NTPC cancels plans for massive coal plant

The Hindu: In a big blow to the development of North Andhra, four mega projects sanctioned for Visakhapatnam including the 4×1000 MW ultra-modern power project by the NTPC at Pudimadaka have been shelved due to various reasons. Touted as the largest single investment after formation of Sunrise Andhra Pradesh, the NTPC project was dropped on […]

June 22, 2018 Read More →

Cayuga coal plant in New York plans natural gas conversion

The Lansing Star: Cayuga Operating Company announced today that they have submitted applications to allow them to close a 155 megawatt coal-fired burner in order to repower it with natural, and that plans are still in motion to construct an 18 megawatt, 75 acre solar farm on its 434-acre site in northwest Lansing, making it […]

June 22, 2018 Read More →

New York offers $350 million to speed energy storage installations

Renewables Now: New York governor Andrew M Cuomo on Thursday unveiled a roadmap with a set of recommendations aimed at facilitating the state in reaching its goal of deploying 1,500 MW of energy storage by 2025. The comprehensive plan is part of the measures addressed towards fighting climate change, improving power grid resilience and enhancing the […]

June 22, 2018 Read More →

Orsted, Northland Power win big in first Taiwan offshore wind auction

Recharge: Global pacesetter Orsted emerged as the big winner in Taiwan’s first offshore wind auction, winning 920 MW in a competitive process that awarded 1.66 GW and followed May’s allocation by the country of an initial 3.84 GW. Orsted said its winning price across the two projects in the Changhua region was TWD2,548/MWh, equivalent to […]

June 22, 2018 Read More →

Largest Southeast Asia solar plant to be built in Vietnam

Nikkei Asian Review: BANGKOK—The power generating arm of Thailand’s oldest industrial conglomerate, B. Grimm, has partnered with Vietnamese construction firm Xuan Cau to develop the largest solar power plant in Southeast Asia at a cost of $420 million. B. Grimm Power Public Company CEO Preeyanart Soontornwata said the deal was inked last week in Bangkok, witnessed […]

June 22, 2018 Read More →

Column: Coal optimism in Australia hides unease about long-term problems

Reuters: BRISBANE—Coal miners supplying Asia’s rapidly growing economies have plenty to be optimistic about as prices and demand appear robust, but they should be wary of getting caught up in the positive feedback loop that nearly destroyed them before. This week’s inaugural Energy Mines and Money conference in Brisbane, the heartland of the industry in […]

June 22, 2018 Read More →

Regulators likely to require more climate risk disclosure from Australian coal firms

Australian Financial Review: ASX-listed companies with high carbon exposures—such as Whitehaven Coal, Yancoal and New Hope Group—will have to ramp up their climate risk disclosures from the brief mentions in past financial statements. Minter Ellison climate lawyer Sarah Barker told The Australian Financial Review that Australian Securities and Investments Commission member John Price’s speech on […]

June 21, 2018 Read More →

Puerto Rico moves forward with utility privatization

NBC News: Puerto Rico is officially moving to privatize and upgrade its outdated power grid exactly 9 months after it was flattened by Hurricane Maria. At a press conference on Wednesday, Governor Ricardo Rosselló signed into law the approved legislation that allows parts of the Puerto Rico Electric Power Authority—known as PREPA in English and […]

June 21, 2018 Read More →

India expands offshore wind development effort

Recharge: The Indian government set 5 GW and 30 GW offshore wind targets after an initial expressions of interest process (EOI) attracted a roll-call of global industry players including sector leader Orsted, a clutch of European utilities, local groups ReNew Power and Suzlon, and oil majors Equinor and Shell. The country’s Ministry of New and […]

June 21, 2018 Read More →