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Wall Street Journal ($): Federal prosecutors on Thursday said utility FirstEnergy Corp. had agreed to pay $230 million to resolve charges that it was involved in a bribery scheme to pass a state bailout of nuclear power plants in Ohio. Under a three-year deferred prosecution agreement, FirstEnergy agreed to pay the penalty and develop a […]
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Renew Economy: Germany’s entire energy demand can be met through renewable energies alone within the next ten to fifteen years, according to a new report by the German Institute for Economic Research (DIW Berlin). The prerequisite for this is that German expansion targets for both wind and solar energy are greatly increased, the authors write. […]
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BusinessMirror: SMC Global Power Holdings Corp. will convert a proposed 300-megawatt (MW) coal plant in San Carlos, Negros Occidental to a gas-powered facility. The power arm of conglomerate San Miguel Corp. said it has informed the Department of Energy (DOE) about the plan. The proposed coal plant, it said, would be “changed to LNG” (liquefied […]
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PV Tech: If current trends continue, renewable energy will provide roughly one-third of US electricity to the grid by 2030, although this could reach half of generation if deployment increases, according to data by the Energy Information Administration (EIA) and the Federal Energy Regulatory Commission (FERC). Even this, however, would fall short of US President […]
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The Economic Times: India is expected to add 68 gigawatt (GW) of renewable capacity in five years, up marginally from previous year’s estimate of 60 GW, with solar occupying 65 per cent of the share, according to a recent survey. Gujarat, Maharashtra, and Karnataka emerged as the top three states for overall growth prospects of […]
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Renewables Now: Singapore-based solar developer and operator Sunseap Group Pte Ltd is proposing to build a giant 2.2-GWp floating solar complex with battery storage on Indonesia’s Batam Island. The Singaporean firm said on Wednesday it has signed a memorandum of understanding (MoU) with Batam Indonesia free zone authority Badan Pengusahaan Batam (BP Batam), outlining an […]
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Canada’s National Observer: Investment in carbon capture technology will hinder Canada’s transition away from fossil fuels and exacerbate the effects of climate change, says a new letter co-signed by hundreds of organizations. Over 500 environmental groups and other organizations from Canada and the U.S. put the piece together, which ran as a full-page ad in […]
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ReNews.biz: Mainstream Renewable Power has unveiled a 1GW hybrid renewable energy platform in Chile. The Nazca Renovables platform consists of six projects, comprising three wind and three solar photovoltaic and is divided into three portfolios. Humboldt, the first of these, will provide 255MW of clean energy via the Tata Inti solar farm and the Entre […]
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offshoreWind.biz: Russian oil & gas company Zarubezhneft and DEME Concessions Wind have signed a Memorandum of Understanding to jointly develop a 1 GW Vinh Phong wind farm offshore Vietnam. The consortium plans to commission the project’s first phase with 600 MW capacity by 2026 and the second phase with 400 MW capacity by 2030. The […]
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Reuters: A Chinese-backed deal to help Bosnian utility EPBiH expand its Tuzla coal-fired power plant has run into problems following General Electric’s (GE.N) withdrawal from the project, a senior Bosnian official told Reuters on Thursday. Nermin Dzindic, industry and energy minister in the government of Bosnia’s autonomous Bosniak-Croat Federation, made the comments following the publication […]
IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables
Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storageApril 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]