KUWAIT : The US Ambassador to the State of Kuwait along with envoys of European countries based in the country yesterday visited Al-Shagaya Renewable Energy Park, run by Kuwait Institute for Scientific Research (KISR), in Jahra, north of Kuwait City. KISR said in a statement the delegation grouped the US Ambassador to the State of […]
BP invests $220 million in U.S. solar development projects
The deal, for assets with a production capacity of 9 gigawatts, marks BP’s first independent investment in solar since buying a stake in Europe’s largest solar developer, Lightsource, in 2017. Energy major BP Plc on Tuesday boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy. The […]
Plans For 20 New Electric Vehicle Charging Points in Dundee Approved
Plans to install 20 new electric vehicle charging points in Gellatly Street car park have been approved by the Dundee City Council. The new charging points will be powered by a set of solar panels, all of which will be installed on the roof of the multi-storey car park. The application was first submitted by […]
Electric Vehicles: The Ride of Sustainability For Smart Cities
The biggest reason for EVs to be popular is that it had a positive impact on the environment and contributes to a healthier planet. It is also the reason by EVs have been pegged as one of the major pillars of urbanization in smart cities. They revolutionize transport and fulfill every travel need within a […]
Solar Pushed to Address Mindoro Power Woes
INSTALLING solar panels can help in solving the prevailing power supply situation in Mindoro, according to WeGen Philippines. In a statement, WeGen said that households in the province can install solar photovoltaic (PV) systems on their rooftop, connect all these systems and share to the grid the unused or excess electricity through the net metering […]
Japanese Govt Eyes Energy-Saving Public School Buildings
The government is considering a scheme to decarbonize public elementary and junior high school buildings through improvements in heat insulation and generating solar power as part of efforts to achieve its goal of reducing greenhouse gas emissions to net zero by 2050, The Yomiuri Shimbun has learned. The government also intends to strengthen the functions […]
Spain Plans Regulation to Curb Consumer Energy Bills
The reform seeks to reduce part of the carbon dividend for pre-2005, non-emitting plants that sell energy on the market, a source with knowledge of the draft told Reuters on condition of anonymity. MADRID: Spain’s government is expected to approve draft legislation on Tuesday to limit the windfall profits hydro and nuclear plants make as […]
Mozambique Launches Construction of $1 Bln Power Plant, Transmission Line
Upon completion, the gas-to-power Temane Thermal Power Plant will have a capacity of 450 megawatts. MAPUTO : Mozambique on Monday began construction of gas-to-power plant and transmission line projects worth $1 billion in the southern province of Inhambane as the government aims to boost energy supply. The World Bank is one of the financing partners […]
Australia Clears $1.8 Bln Power Line to Boost Renewable Energy
EnergyConnect, being developed by TransGrid and ElectraNet, is one of several interconnectors that Australia’s energy market operator has said are needed to prevent blackouts, while keeping a lid on power prices. MELBOURNE : Australia on Monday approved a A$2.28 billion ($1.76 billion) project to build the country’s longest power transmission line, which the country’s energy […]
Arçelik Issues Turkey’s First-Ever Corporate Green Bond in the International Markets
Green Bond Set to Transform Arçelik’s Eligible Green Projects and Boost Its ESG Credentials ISTANBUL : Arçelik A.Ş. (IST: ARCLK) (“Arçelik”), the global leading consumer durables and electronics manufacturer, announced the issuance of its Green Bond, the first of its kind in the international markets from a Turkish industrial Company. Arçelik mandated J.P. Morgan Securities […]