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Recharge: Offshore wind came in at a new UK record low of £39.65/MWh ($48.8/MWh) as it dominated contract-for-difference (CfD) awards for 6GW of renewable energy. Developments awarded 15-year deals under the latest CfD round include three 1.2GW projects at Dogger Bank developed by Equinor and SSE, and Innogy’s 1.4GW Sofia development, all off England, plus […]
Greentech Media: Google announced a package of renewables deals on Thursday totaling 1,600 megawatts, which the tech behemoth says is the largest corporate renewables purchase in history. Made up of 18 deals, Google’s projects will be built across the U.S., Europe and in Chile. The company said the purchases will increase its total wind and […]
CNBC: Danish firm Ørsted has chosen GE Renewable Energy as its preferred turbine supplier for two offshore wind farms in the U.S. The agreement means that Ørsted is set to use GE Renewable Energy’s huge Haliade-X 12 MW wind turbines at the projects. Ørsted’s use of the turbines will represent the first commercial deployment of […]
Steelguru: According to a US research group, Institute for Energy Economics and Financial Analysis, South Africa’s thermal coal exports are expected to drop as its main export hub faces growing competition and new cheaper energies proliferate. Analyst Simon Nicholas said, “New energy technology is replacing coal-fired power faster than most predicted. With fewer countries using […]
Renew Economy: The ‘inquiry into the prerequisites for nuclear energy in Australia’ being run by Federal Parliament’s Environment and Energy Committee has finished receiving submissions and is gradually making them publicly available. The inquiry is particularly interested in ‘small modular reactors’ (SMRs) and thus one point of interest is how enthusiasts spin the economic debate, […]
Reuters: Britain has launched its first major auction of offshore wind farm leases in a decade, offering sites with the combined potential to power more than six million homes. Britain is already the world’s largest offshore wind market, and plans to generate a third of its electricity from the technology by 2030 as a part […]
Khmer Times: The auction for 60 megawatts of solar power in Cambodia has led to the lowest power price ever recorded in Southeast Asia, various publications dealing with the global energy sector revealed this week. According to Renewables Now, Prime Road Alternative Co Ltd of Thailand edged out 25 other companies, including some major global […]
SmartInvestor.in: NTPC has succeeded in stemming the hike in power tariffs over the past five years despite a five percent increase in annual consumer price index inflation from 2013-14 to 2018-19. The government-owned power generator saw its average nominal tariff change only marginally from Rs 3.30 to Rs 3.38 per unit during the period even […]
The Guardian: The New South Wales Independent Planning Commission has rejected the development of a coalmine near Mudgee because of significant concerns about environmental impacts, including on climate change, and the costs to future generations. On Wednesday the commission said it had refused development approval for Kepco’s proposal for an open-cut and underground coalmine in […]
The San Diego Union-Tribune: Top financial officials with the University of California announced Tuesday morning in an opinion article in the Los Angeles Times that the school system plans to undertake a major divestment from fossil fuels. The stocks and bonds to be sold off are currently part of UC’s $13.4 billion endowment and $70 […]
Greentech Media: Officials in Brussels have approved RWE’s deal for fellow German utility E.ON’s global renewable energy project pipeline. The €40 billion ($44.1 billion) asset swap has been under scrutiny by the European Commission’s competition watchdog. To simplify what is a very complex deal, RWE has passed the customer distribution business of its subsidiary Innogy […]

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