Danish AgTech startup Agreena has raised a €20M Series A round to enhance its regenerative farming carbon certificates with a new classification system and novel carbon farming marketplace Bulking up its employee headcount by a factor of four since its seed funding, Copenhagen-based Agreena has expanded its leadership team and new operations out of key […]
China should speed nuclear development to meet carbon goals – legislators
China said in its 2021-2025 five-year plan released on Friday that it would raise total nuclear capacity to 70 gigawatts (GW) by the end of 2025. SHANGHAI: China should accelerate development of nuclear power to help meet Beijing’s pledges to bring greenhouse gas emissions to a peak before 2030 and become “carbon neutral” by 2060, […]
XCMG says agreed with Tsingshan Group to invest in $843 mln new energy project
The project will focus on research, development, production and sales of NEVs, batteries, electric motor control systems and other auto parts New Delhi: Xuzhou Construction Machinery Group Co Ltd (XCMG) said it has agreed with Tsingshan Holding Group Co Ltd to invest in a 5.5 billion yuan ($843 million) new energy vehicle (NEV) project in […]
Wind energy powers more than half of UK electricity for first time
The percentage of wind power in the country’s energy mix hit a record 50.67 percent on Saturday, the company said over the weekend, beating the previous record of 50 percent in August. London: Wind power accounted for more than half of Britain’s daily generated electricity on Saturday in the wake of Storm Bella, according to […]
China’s CO2 emissions will be higher in 2020 than in 2019, says IEA’s Birol
“As of today, Chinese emissions this year, 2020, will be higher than in 2019, they rebounded,” Fatih Birol told a digital energy conference OSLO: China’s greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday. “As of […]
PG&E Poised to Expand Battery Energy Storage Capacity by More Than 420 MW
Projects intended to further integrate clean energy from renewable generation sources while ensuring future reliability of the electric system. Pacific Gas and Electric Co. (PG&E) has requested approval of five energy storage projects totaling 423 MW, in a filing with the California Public Utilities Commission (CPUC). The projects are intended to further integrate clean […]
RE associations sent letter to EC urging action to solve permitting bottlenecks
EU renewables industry to European Commission: getting permitting right is key to unlocking new investments Today, renewable energy associations – WindEurope, Bioenergy Europe, EGEC, EREF, ESTELA, Ocean Energy Europe, ESTIF and SolarPower Europe – sent a letter to the European Commission urging concrete action to solve permitting bottlenecks for renewables. The letter delivers a clear message from […]
Northwester 2 wind farm is now fully operational, producing 9.5 MW from 23 wind turbines
Just under ten months from the start of the offshore works, the 219 MW Northwester 2 wind farm is now supplying the Belgian grid with green energy from all of its 23 fully operational wind turbines, producing 9.5 MW each. This wind farm is the first to use the deploy MHI Vestas’ highest rated V164-9.5 […]
CIT Group Provides $217 Mn Financing for 200 MW Solar Project in Ohio
Innergex Renewable Energy has closed construction financing, a tax equity commitment, and secured a seven-year term loan facility for the 200-MW Hillcrest solar project in Brown County, Ohio. The $191.8 million financing was led by CIT’s Power and Energy group and includes MUFG and Mizuho, as well as Wells Fargo as the tax equity investor. […]
Philippines Central Bank’s Sustainable Finance Framework Offers New Support for Energy Transition and Renewables
Philippines Central Bank’s Sustainable Finance Framework Offers New Support for Energy Transition and Renewables For more information please see below link: Source: ieefa.org