One of America’s biggest renewable-energy companies is making a bet on natural gas. NextEra Energy Partners LP agreed to buy Meade Pipeline Co., an owner of a pipeline that provides gas from Pennsylvania, in a deal valued at about $1.37 billion, according to a statement Monday. While NextEra Energy Partners already owns pipelines in Texas, […]
Saudi Arabia Starts Offering Loans to Develop Renewable Energy
Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil. The 105 billion-riyal ($28 billion) Saudi Industrial Development Fund opened applications for the program, called Mutjadeda, on Sunday. The program will give loans of as much as 1.2 […]
Power Development Master Plan 8 focuses on renewable energy
Nguyễn Mạnh Cường, an official from the Institute of Energy’s Department of Electrical System Development under the Ministry of Industry and Trade, spoke with Vietnam News Agency about the implementation of the national power development master plan in 2021-2030 (or Power Development Master Plan 8). Prime Minister Nguyễn Xuân Phúc has assigned the Ministry of […]
BEST To Use Renewable Energy Resources To Charge Electric Bus
In order to tackle the financial crisis, the Brihanmumbai Electric Supply and Transport (BEST) had decided to slash down the ticket prices. After which, the minimum ticket price for a BEST bus journey was brought down to ₹5 for a normal bus and ₹6 for an AC bus journey. This move worked in favour of […]
Our target is charging EVs with renewable energy
Q/ It is a chicken-and-egg situation now for consumers, between going for electric vehicles and waiting for charging infrastructure. A/ Disruption is inevitable. If we move very slowly, we will [continue as] an importing nation, like we have done in the case of mobiles, telecom and solar. We must, in the case of EV and […]
AFRICA: 3 European countries provide $350 million for solar energy and energy storage
France, the Netherlands and the United Kingdom have committed $350 million to invest in solar energy in Africa and electricity storage. It is a strategic investment at a time when Africa is relying on renewable energy to provide access to electricity for its population. Countries in sub-Saharan Africa will benefit from new funds to improve […]
Odisha approves investment proposals worth Rs 2,435 cr for power, renewable energy projects among others
The projects were approved in food processing, chemicals, metal, infrastructure, power, renewable energy and downstream sectors. BHUBANESHWAR: Odisha government has approved investment proposals worth Rs 2,435 crore in different sectors which would provide direct employment to 5,432 people in the state, an official said. The investment projects were approved at the State Level Single Window Authority (SLSWA) meeting chaired by chief […]
India’s goal on renewables to boost green bond sales overseas
Green issuers are supported by rising global appetite for Indian notes. India’s goal to more than double energy generation from renewable sources is fueling bets that debt offerings from green companies may grow. Adani Green Energy kicked off a roadshow for a potential dollar bond as Prime Minister Narendra Modi announced the more ambitious plans. […]
Australian billionaire to back $18.7b project to supply solar power to Singapore by subsea cable: Report
MELBOURNE : Atlassian Corp co-founder Mike Cannon-Brookes has pledged to help fund an ambitious A$20 billion (S$18.68 billion) project to supply solar power from northern Australia to Singapore by a subsea cable, an Australian newspaper reported on Wednesday (Sept 25). The plan unveiled earlier this year by Singapore-based firm Sun Cable is to build the […]
Renewable Energy Test Center Provides New Battery and Energy Storage System Testing Services with VDE Renewables
New North American service for advanced, full-service energy storage testing to assist customers in ensuring bankability and predictive modeling for battery technologies FREMONT, Calif. : As global demand expands for reliable energy storage and battery technologies to pair with solar, Renewable Energy Test Center and VDE Renewables are partnering to provide a new level of performance and reliability […]
