CNBC/19-05-2020 NEW YORK: Siemens Gamesa Renewable Energy (SGRE) has released details of a 14-megawatt (MW) offshore wind turbine, in the latest example of how technology in the sector is increasing in scale. With 108-meter-long blades and a rotor diameter of 222 meters, the dimensions of the SG 14-222 DD turbine are significant. In a statement, […]

Reuters/29-05-2020 SHANGHAI: China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday. The new catalogue of eligible projects replaces the previous one published in 2015, and will be open to public consultation until June 12, the People’s Bank […]

BBC News/27-05-2020 LONDON: The coronavirus crisis is causing the biggest fall in global energy investment in history. Before the pandemic, funding was set to rise 2%, but now it’s predicted to plunge 20%, says the International Energy Agency (IEA). Fossil fuels are hit hardest, with a 30% funding drop expected for oil and a 15% […]

BBC News/30-04-2020 LONDON: Royal Dutch Shell has cut its dividend for the first time since World War Two following the collapse in global oil demand due to the coronavirus pandemic. The energy giant also suspended the next tranche of its share buyback program. The move came as it announced a 46% fall in first-quarter net […]

EcoWatch/21-04-2020 NEW YORK: Oil continued its unprecedented sell-off as the prices fell below zero for the first time in history. Demand for oil has crumbled due to the coronavirus crisis, thrusting markets into a parallel universe where traders were willing to pay US$40 a barrel just to get somebody to take crude off their hands. […]

Bloomberg/28-04-2020   Zimbabwe’s Rio Energy Ltd., a unit of RioZim Ltd., will build a 2,100-megawatt thermal power plant with China Gezhouba Group Corp in northern Zimbabwe at a projected cost of $3 billion, Rio Energy said Monday. “CGGC will develop the project and assist with the fund raising,” Caleb Dengu, chairman of Rio Energy Ltd […]

Bloomberg/30-04-2020 NEW YORK: Google and its parent company, Alphabet Inc., have long put themselves forward as leaders in renewable energy use. Last week, they took that a step further by announcing that they are now “working toward 24×7 clean energy everywhere we have data centers.” Because renewable energy supply fluctuates based on the availability of […]

CNBC/09-04-2020 NEW YORK: A 500 megawatt solar photovoltaic plant, described by Spanish utility Iberdrola as “Europe’s largest,” sent its first megawatt hour of energy to the grid earlier this week, a welcome bright spot for an industry that in the months ahead could experience difficulties brought about by the coronavirus pandemic. The Núñez de Balboa […]

The Guardian/26-02-2020 Australia can achieve a transition to net zero emissions by 2050 with known technologies, but the deployment of low emissions options will need to be accelerated significantly, according to new analysis by ClimateWorks Australia. The yet-to-be released analysis, which was previewed at a workshop at the Australian National University amid a resumption of […]

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 […]

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 […]

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 […]