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Bloomberg: Renewables are for the first time the dominant power source in Europe’s electric grid. In a year that saw pandemic restrictions sap energy demand across the continent, the drop in supply came mostly from more expensive power from fossil fuels. That helped green sources take the biggest share of the European Union’s generation, a […]
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S&P Global Market Intelligence ($): Three of Poland’s state-controlled utilities signed a letter of intent Jan. 18 to cooperate in the development of new offshore wind projects in the Baltic Sea. Under the terms of the cooperation, PGE Polska Grupa Energetyczna SA, Tauron Polska Energia SA and Enea SA will establish a special purpose vehicle […]
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ESI Africa: Kipeto Energy Plc (KEP), today announced it has connected Kipeto wind farm to the national grid and will start generating power in the next week. KEP has connected a 17km (220KV) high voltage transmission line, linking the facility to the national grid at the Isinya Substation, and signaling the start of the go-live […]
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Bloomberg: Vattenfall AB plans to turn the site of its recently shuttered Moorburg coal power plant in northern Germany into a hub for turning wind and solar power into hydrogen. The Swedish state-owned utility is riding the growing enthusiasm for hydrogen, with many countries seeing the clean fuel as key to a low-carbon economy. Governments […]
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Argus Media: China’s biggest coastal power generator, state-controlled utility Huaneng, has laid out plans to add over 80GW of clean energy-based power capacity in the coming years, potentially curbing its demand for coal. Huaneng plans to develop more than 80GW of additional clean energy power capacity by the end of 2025, taking clean energy to […]
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S&P Global Market Intelligence ($): Governments, companies and individual consumers spent a record $500 billion transitioning to lower-carbon energy in 2020 despite economic disruptions caused by the coronavirus pandemic, research provider BloombergNEF said in a new report Jan. 19. Investment in renewable power, energy storage, electric vehicles, hydrogen and related sectors rose 9% year over […]
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Bloomberg: China blew past its previous record for renewable energy installations last year with a massive — and surprising — addition of wind power. The National Energy Administration said in a press release on Wednesday that China added almost 72 gigawatts of wind power in 2020, more than double the previous record. The country also […]
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Renewables Now: Norwegian utility-scale wind power developer NBT entered a partnership with Belgium-based WV International, former Windvision, to develop wind projects with a combined capacity of 800 MW in Serbia by 2026, the two companies said on Tuesday. The first wind parks with a combined capacity of 168 MW are coming online in 2023, NBT […]
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Greentech Media: Total has acquired a stake in India’s Adani Green Energy (AGEL), a move that continues to push the French oil major ahead of its European peers when it comes to renewables. AGEL has 3 gigawatts of operating renewable capacity, another 3 GW under construction and 8.6 GW in development, adding up to 14.6 […]
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Agence-France Presse: Major firms including Sony, Panasonic and Nissan on Monday urged the Japanese government to make its 2030 renewable energy target twice as ambitious. Prime Minister Yoshihide Suga last year set a 2050 deadline for Japan to become carbon-neutral, but the country’s shorter term renewables goal has long been criticised as lagging. Japan currently […]
IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year
Shift from diesel to renewables can save electric coops P1.4-1.7 billion over next decade3 December 2020 (IEEFA Philippines): The record-breaking disasters in the Philippines this year highlight the potential for renewable energy to power small island and isolated power grids and save the country up to P13.5 billion per year, and electric cooperatives an additional P1.4 to P1.7 billion over the next decade, finds a new report from […]