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Business Green: An estimated 70GW of floating wind could be installed across the globe by 2040, according to forecasts contained in the Carbon Trust’s new Floating Wind Joint Industry Project’s (JIP’s) second phase summary report. The nascent sector could expand rapidly to deliver £195bn worth of projects, the report adds, underscoring the “opportunity for the […]
July 15, 2020 (IEEFA) — The Navajo Transitional Energy Company (NTEC) would lose at least $350 million over the next 10 years if it proceeds with a proposal to expand its stake in the ailing Four Corners power plant, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA).
BP’s annual Statistical Review of World Energy commands significant attention in global energy circles and the media. Many businesses, investors and policymakers use data from the report, the 69th edition of which was published in June 2020, in their plans and decision-making. When last year’s report announced a year-on-year increase in India’s coal consumption of […]
In late June, state minister for power Nasrul Hamid stated that the Bangladesh government was seriously reconsidering the nation’s plans for coal-fired power plants. According to comments made at a Centre for Policy Dialogue web discussion, Bangladesh is now considering limiting coal-fired power development to five gigawatts (GW), and with a greater focus on more […]
New Straits Times: Tesco Stores (Malaysia) Sdn Bhd and NE Suria Satu Sdn Bhd (NESS) have entered into the largest long-term power purchase agreement (PPA) for solar energy in Malaysia. NESS is a collaboration between Petronas through its New Energy business unit and NEFIN Group, a regional bespoke solar developer and asset management group. In […]
Renew Economy: The biggest wind farm in Western Australia – the 212MW Yandin wind farm – has completed electrification and has delivered its first output to the state’s grid, known as the South West Integrated System (SWIS). The Yandin Wind farm is a joint venture between Ratch Australia and Alinta Energy, and the investment is […]
Clean Technica: Indian Railways has taken some significant measures over the last few weeks that will cement its place as one of the single largest clean energy users in India. These steps include the issuance of tenders for large-scale solar power projects and the commissioning of a first-of-its-kind project to use solar power for trains’ […]
Energy News Network: A utility-scale solar developer is acquiring land rights near U.S. coal-fired power plants, hoping the facilities will close sooner than expected and open up lucrative transmission connections. Photosol US, a subsidiary of a French company, has purchased options near plants in Nebraska and Kansas, as well as the San Juan Generating Station […]
July 13, 2020 (IEEFA U.S.) ‒ The Institute for Energy Economics and Financial Analysis (IEEFA) will hold its annual conference online July 14-30, in response to travel and other restrictions related to the coronavirus pandemic. A popular convening with speakers from every continent, the conference will feature a wide cross-section of legal, policy, industry and […]
The Australian: One of the major owners of the Bluewaters Power Station, Sumitomo, is understood to have hired restructuring firm Houlihan Lokey as a debt repayment deadline approaches for the asset, which owes $400m. Houlihan Lokey, which counts Australian restructuring expert Jim McKnight in its ranks, is now one of a raft of advisers around […]
E&E News ($): Chad Holliday, the chairman of Royal Dutch Shell PLC, one of the world’s largest oil producers, said yesterday, “I think you’ll see Shell as more of a power company than an oil company.” “I don’t think it’s too long before you’ll see that transition,” he added, speaking at Stanford Global Energy Dialogues, […]
Renew Economy: Global energy giant GE has signed an agreement to co-develop a proposed 500MW pumped hydro storage project at Dungowan Dam in the New England region of New South Wales state. Dungowan forms part of the massive 4,000MW renewables and storage hub being put together by Walcha Energy – in what would be the […]
Reuters: United Nations Secretary-General Antonio Guterres urged countries on Thursday to stop financing coal and pledge not to build new coal-fired power plants to enable a shift to clean energy. He spoke at a virtual clean energy transition summit of 40 countries representing 80% of energy use and greenhouse gas emissions. They discussed steps to […]
PV Tech: Spanish utility Iberdrola has landed €800 million (US$903 million) in funding from the European Investment Bank (EIB) and Instituto de Crédito Oficial (ICO) to spearhead new renewable energy deployment throughout Spain. The financing package will be put towards the construction of more than 20 solar and wind projects in Spain with a total […]
Renew Economy: The New South Wales state government has confirmed it will seek a massive 8,000MW of wind, solar and storage projects in the state’s north, the biggest call for renewables in the country, and setting itself up for what will be the biggest and most rapid transition from coal to renewables in the country, [...]

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