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The Guardian: Trillions of dollars poured into rescuing economies around the world from the Covid-19 crisis have been spent in ways that worsen the climate crisis and harm nature because governments have failed to fulfil promises of a “green recovery” from the pandemic. Only about a tenth of the $17tn in bailouts provided by governments […]
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Renewables Now: The Brazilian government officials and representatives from Spanish PV sector player Solatio Energia on Friday inaugurated a solar power complex that will add 810 MWp once fully up and running. Solatio, a company with more than a decade-long presence in Brazil, is installing the BRL-3-billion (USD 570.3m/EUR 480.6m) three solar-farm project in the […]
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Reuters: Spain plans to install floating wind turbines on the deep waters off its coasts with capacity to generate between 1 and 3 gigawatts of power by 2030, its Energy and Environment Ministry said on Wednesday. As part of a global shift away from carbon-emitting fossil fuels, governments and companies are seeking new ways to […]
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S&P Global Market Intelligence ($): Amazon.com Inc. announced a new wave of contracts to buy electricity from 14 new renewable energy projects in the U.S., Canada, Finland and Spain in a bid to advance its goal to power 100% of the company’s activities with renewable energy by 2025, five years ahead of its original target […]
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Renew Economy: More than 200GW worth of new offshore wind projects have been announced around the world since 2020, according to new figures published this week, but regulatory hurdles and supply chain constraints will nevertheless hinder the completion of the entire pipeline by 2030. The new figures were published this week by renewable energy consultancy […]
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PV Tech: Oil and gas major Repsol has opened its first PV solar farm, a project boasting a total installed capacity of 126.6MW, developed at a cost of €100 million (US$119 million). Officially opened on 21 June 2021, Kappa solar farm is located in the Spanish town of Manzanares, Ciudad Real, with the total capacity […]
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Renewables Now: Spanish electric utility Iberdrola SA (BME:IBE) and South Korean multi-energy group GS Energy have signed a memorandum of understanding (MoU) to cooperate on the renewables development in South Korea and other regions in Asia. The agreement is meant to create a platform through which the partners would seek out and develop projects, including […]
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Renewables Now: Renewables produced 50.7% of Spain’s electricity in May, generating 10% more “green gigawatt-hours” compared to the same period a year ago, according to the latest estimates released Wednesday by Spanish grid operator Red Electrica de Espana (REE). The renewables share in Spain’s power production mix in April was 46.2%, after dropping for two […]
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Renew Economy: Infigen Energy is hoping to commence early operations at Australia’s largest combined wind and solar projects, near the South Australian town of Port Augusta, before the end of this year. The Port Augusta Renewable Energy Park will see around 100 MW of solar generation paired with 210MW of wind capacity, although its combined […]
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Bloomberg ($): The red-and-white flue stacks of the James M. Barry Electric Generating Station tower over the Mobile River, belching steam into the Alabama sky. The sprawling complex of coal and natural gas plants already spews more than 7.5 million metric tons of carbon dioxide-equivalent every year. Now it’s about to get even bigger, with […]
IEEFA: European gas pipeline companies mislead investors by underreporting CO2
Reporting loophole means midstream operators aren't following the same guidelines as upstream or downstream sellersDecember 14, 2020 (IEEFA) — European pipeline companies are using a loophole to market themselves as low-carbon businesses and avoid reporting on the climate effects of the natural gas they transport, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Hiding in Plain Sight—European Gas Pipeline Companies’ […]