Bloomberg/24-01-2020 MILAN: Italy’s biggest retail bank Intesa Sanpaolo is ready to fund 50 billion euros in green investments in Italy, Chief Executive Carlo Messina said on Thursday. The comment came after the European Union unveiled a plan on Tuesday for a trillion-euro push to cut net C02 emissions to zero by 2050 and protect member […]

Bloomberg/22-01-2020 PARIS: France’s grid operator will test storing excess wind and solar power in batteries to reduce the need to build new transmission lines that involve heavy construction work and take longer to complete. Network operators across Europe are seeking ways to both minimize the cost and environmental impact of the energy transition. Reseau de […]

The Economic Times/21-01-2020 NEW DELHI: India’s electricity grid operators will have to install firewalls and other measures used by companies to avert an attack on their information technology systems and check rising hacking incidents of power networks across the world. Grid operators and regulatory agencies will need to have a continuity plan handy in the […]

The Guardian/21-01-2020 LONDON: UK investors could seize a $24bn investment opportunity by helping to connect millions of people without access to electricity to off-grid home solar power systems. The market for pay-as-you-go home solar packages is expected to boom in Africa, where millions of homes are using mobile technology to rent low-cost solar panels. UK […]

Reuters/19-01-2020 DOHA: Qatar has signed an agreement with France’s Total and Japan’s Marubeni to build a solar power project with capacity of about 800 megawatts (MW), Qatar’s energy minister said on Sunday. The cost of the project is about 1.7 billion riyals ($467 million), Saad al-Kaabi, who is also chief executive of Qatar Petroleum (QP), […]