Hong Kong: Plus Renewable Technologies Limited (“Plus Renewable”) today announced that its subsidiary, SP Energy (USA) One LLC (“SP Energy”), the parent company of Radian Generation LLC (“Radian”) has entered into a merger agreement with a subsidiary of 424 Capital (“424”). The business will operate under the name of Radian Generation LLC. This partnership will […]
Britain sees greenest year for electricity in 2020 – National Grid
The country was powered coal-free for over 5,147 hours in 2020, compared with 3,666 hours in 2019, National Grid ESO said LONDON: Britain’s electricity system saw the greenest year on record in 2020, National Grid said on Monday, with record renewable power and its longest spell without coal since the industrial revolution. Britain has a […]
DAI Invites EOI to Support Implementation of INVEST Project
Call for Expressions of Interest to Support Implementation of INVEST Project Please see the attached Call for Expressions of Interest (EOI) to support the implementation of DAI’s INVEST project. DAI invites firms to submit Expressions of Interest for concepts from clean energy developers in the Vietnamese power sector, based in the US and in the Southeast Asian […]
Total adds to renewable gas push with Fonroche acquisition
It gave no financial details for the Fonroche purchase. Total aims to produce 1.5 terawatt-hours of biomethane a year by 2025, the group said in a statement PARIS: French oil group Total said on Monday it had acquired Fonroche Biogaz, a leading producer of renewable gas in France with nearly 500 gigawatt-hours of installed capacity. […]
Germany agrees on amended energy law to boost renewables
The energy law is now expected to go before a parliamentary committee on Tuesday ahead of votes in the lower house on Thursday and the upper house on Friday, with a view to enacting the legislation by Jan. 1, 2021. BERLIN: Germany’s ruling coalition has agreed changes to a new energy law that aims to […]
KeTSA announces New Energy Metering Program 3.0 (NEM 3.0)
KeTSA introduces three initiatives to encourage use of solar PV PUTRAJAYA : The Energy and Natural Resources Ministry (KeTSA) is introducing the Net Energy Metering (NEM) 3.0 programme to provide an opportunity for more users to install the solar photovoltaic (PV) systems on the roofs of their respective buildings for electricity bill reduction. Minister Datuk […]
KERC: Amount Due to reimburse by appropriate increase in tariff per unit taking into consideration the minimum contracted energy in PPA
ORDER a) The petitions are partly allowed. b) The petitioner and the respondent in each of the cases shall verify the amount payable to the Petitioner in the respective cases after examining the documents and other directions given in para 48 & 54 above. This process shall be completed within a period of two months […]
Despite lockdown, TN to attract Rs 66k cr investments; RE, E-mobility in focus
The state attracted investments in areas like electric mobility, renewable energy and automotive from Ola Electric, Stuttgart-based Daimler and Adani Group among others. Chennai: Stung by the COVID-19 induced lockdown in 2020 that severely impacted many businesses, Tamil Nadu however, sought to bounce back with mega ticket deals in various sectors later, seeking to live […]
Japan’s renewable energy sector seeks carbon-neutral windfall
Since announcing the 2050 target in November, Prime Minister Yoshihide Suga’s government has pledged to spend $20 billion on green tech and set ambitious new wind power targets. Tokyo: Japan needs to boost renewable energy by reforming outdated policies on land use and the national grid if it is to meet a new goal of […]
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 […]