ULAANBAATAR, MONGOLIA: The Asian Development Bank (ADB) has approved a $100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). “Mongolia is among the most heavily coal dependent developing member countries of ADB, and its energy sector is the largest contributor to its greenhouse […]
Another 120 MW of solar aquaculture in China
A 120 MW solar plant located in a fishery near Cixi, in the Chinese province of Zhejiang, was recently completed. The plant, which has secured a tariff of RMB0.95 ($0.12)/kWh, is the second phase of a 320 MW project owned by Chinese developer Hangzhou Fengling. China-based developer Hangzhou Fengling Electricity Science Technology recently finished building […]
Infrastructure And Energy Alternatives, Inc. Finalizes $65 Million Wind Construction Contract
Infrastructure And Energy Alternatives, Inc. Finalizes $65 Million Wind Construction Contract In Iowa INDIANAPOLIS: Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company finalized a $65 million wind construction award in the state of Iowa. The […]
EDPR secures a 200 MW PPA for a new solar power plant in the US
Madrid: EDP Renováveis, SA (“EDPR”), through its fully owned subsidiary EDP Renewables North America LLC, secured a 20-year Power Purchase Agreement (“PPA”) with Hoosier Energy Rural Electric Cooperative, Inc. to sell the energy produced from its 200 MW Riverstart solar power plant. Riverstart solar power plant is located in the state of Indiana, US, […]
106,000 Clean Energy Jobs Lost in March Due to COVID-19 Economic Crisis
More than a year’s worth of job gains erased in a few weeks. More than 106,000 clean energy workers lost their jobs in the month of March, according to a new analysis released on April 15 by E2 (Environmental Entrepreneurs), the American Council on Renewable Energy, E4TheFuture and BW Research Partnership. And hundreds of thousands […]
Wind Industry & COVID-19: Impact in China Update
On 8 April, GWEC hosted a Webcast with key stakeholders from China’s wind industry to discuss the impact that the COVID-19 crisis had on the Chinese wind market and how the industry is recovering. This was the first Webcast of GWEC’s Wind Industry & COVID-19 Response Hub, with participation from Qin Haiyan, Secretary General at the Chinese […]
BYD, Toyota Launch BYD TOYOTA EV TECHNOLOGY Joint Venture to Conduct Battery Electric Vehicle R&D
Toyota City, Japan: BYD Company Ltd. (BYD) and Toyota Motor Corporation (Toyota) announced today that preparations have proceeded since they signed an agreement for the establishment of a joint venture company to conduct research and development of battery electric vehicles (BEVs) on November 7, 2019, and registration of the new company has been completed. Operations […]
Japan’s NTT to invest $5.5 bn in building power networks for supply backup
NTT will provide electricity by using power saved in batteries at the 7,300 buildings it owns and will purchase power from others, the report said. Nippon Telegraph and Telephone Corp will spend about 600 billion yen ($5.5 billion) to build power distribution networks, the Nikkei newspaper reported, without citing its sources.In a rare move for […]
Investors with $34 trn demand action on climate change ahead of G20 summit
Almost 200 nations agreed in Paris in 2015 to limit the global average temperature rise to well below 2 degrees Celsius above pre-industrial times Investors managing more than $34 trillion in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 […]
No Planet B, say teen activists as 1.8 mn join global climate change strike
Thunberg, 16, said the threat of societal breakdown posed by runaway climate change should overshadow every other campaign issue in the European Union’s parliamentary elections Swedish teenage activist Greta Thunberg urged European politicians on Friday to focus on a climate crisis instead of “bickering”, as children walked out of classes around the world to back […]