Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal. But cost pressure could grow further as the country’s consumer surcharge to fund renewable electricity is set to rise higher than previously predicted. Japan’s renewable power sources will account for 22pc […]
Clean Energy, Total sign JV for renewable natural gas production
The joint venture, owned equally by both firms, will have an initial firm commitment of $100 million to build renewable gas production facilities U.S. alternative fuels supplier Clean Energy Fuels Corp and its largest shareholder, European oil and gas producer Total SE, announced terms of a new joint venture on Thursday focused on renewable natural […]
US-China tensions threaten global climate change efforts
The fast cuts in carbon needed to stave off the worst of climate change are all but impossible unless these countries work together and basically trust each other’s pledges. The world’s hopes for curbing climate change hinge on action by two giant nations whose relations are deteriorating: China and the United States. The two countries […]
Tata Power DDL rolls out live peer-to-peer solar energy trading project
Tata Power DDL and Power Ledger in collaboration with India Smart Grid Forum (ISGF) have rolled out live peer-to-peer (P2P) solar energy trading, a first-of-its-kind pilot project in Delhi, a statement said. Tata Power Delhi Distribution and Australian tech firm Power Ledger on Wednesday announced the launch of the first live peer-to-peer solar energy trading […]
Spanish energy companies to carry the torch for renewable deals
Rising demand for environmentally friendly investments is focusing attention on Spain’s under-exploited solar and more established wind sector MADRID/LONDON : Several Spanish clean energy companies are planning stock market listings or stake sales within the next two years, taking advantage of a market boom in green assets to raise funds to build more wind farms […]
How crowdfunding can accelerate Indonesia’s renewable energy development
MENAFN: The Conversation Indonesia’s increasing internet penetration is a boost for crowdfunding , which gathers small amounts of capital from a large number of individuals to finance a new business venture. It’s a powerful tool to gather funds quickly, cheaply and easily from the general public. A study by Statista estimates the value of crowdfunding […]
Renewable energy listed for first time as one of Australia’s top infrastructure priorities
Australia should prioritise large-scale renewable energy options to replace ageing thermal generators, infrastructure body says Renewable energy zones and dispatchable energy storage have been listed as “high priority initiatives” by Infrastructure Australia for the first time. The energy initiatives are among 44 new infrastructure proposals on the priority list, released on Friday, which together represent […]
IEEFA AUSTRALIA: COAL PLANT CLOSURES IMMINENT AS RENEWABLE ENERGY SURGES
Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility and inability […]
Renewable Energy: Morocco Opens Training Institute in Ouarzazate
The infrastructure project concerns linking the electricity network of central Morocco with the network in Western Sahara. Morocco’s Minister of Energy, Aziz Rabbah, and the Director-General of the National Electricity Office (ONEE), Abderrahim El Hafidi, gave the update on the project’s progress on Friday, February 26, during a visit to Dakhla. The visit aimed to […]
UK says it will sell world’s first sovereign green savings bonds
The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale this year, the Treasury said. LONDON: Britain’s government plans to launch the world’s first sovereign green bonds for retail investors as part of its push to create a net-zero-carbon economy by 2050. The savings bonds […]
