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RT News/26-02-2020 BURZYANSKY: A new solar power plant (SES) with a capacity of 10MW has been commissioned in the Burzyansky district of Russia’s southern Ural region of Bashkortostan. According to Russian nanotechnology company Rusnano, it is the country’s largest SES with an energy storage facility. Rusnano’s portfolio company Liotech has supplied energy storage units with […]

Going green: China continues massive investment in Renewable Energy

RT News/25-02-2020 BEJING: Chinese state-owned power company, China Three Gorges Corporation, has announced it has started developing more than two dozen of new green energy projects, requiring the total investment of $8.2 billion The construction of 25 new projects with a total installed capacity of 3.92 million kilowatts was started simultaneously in 14 provinces and […]

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Reuters/21-02-2020 BRAZIL: This solar farm, about 150 km (93.2 miles) from Sao Paulo, produces electricity for around 40 homes and small businesses like restaurants and gyms. Such “distributedgeneration,” or DG, operations are quickly multiplying in Brazil as investors bank on the long hours of strong sunlight across the continent-sized country, a late adopter of solar […]

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Reuters/19-02-2020 SKOPJE: The European Union energy watchdog praised North Macedonia on Wednesday for a pioneering project among EU aspirants to transform an ageing coal mine into two solar power plants, in line with goals to cut pollution and tackle climate change. The 27-member bloc has rolled out plans to be net-zero greenhouse gas emissions by […]

Reuters/18-02-2020 LONDON: Standard Chartered on Tuesday said it would provide $75 billion in financing by 2024 toward sustainable development and clean energy projects, as it expands on its aspirations to support the Paris Agreement on climate change. The bank said it is also targeting net zero emissions from its own network of branches and offices […]

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CNBC/17-02-2020 BEJING: The new coronavirus outbreak could have a significant impact on the wind energy industryin China, according to research by Wood Mackenzie. In a statement, the research and consultancy firm said the virus —officially known as COVID-19 —had “brought much of China’s wind turbine component production to a standstill in recent weeks.”While Hubei province […]

Reuters/14-02-2020 WARSAW: Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns. The ruling conservative Law and Justice Party (PiS) revived the long-dormant project in 2016 after winning an election […]

NEWS is local!
NEWS is local!