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Mint: State-run NTPC Ltd will not set up greenfield coal-fueled power projects as part of its pivot towards green energy, said the company’s chairman and managing director, Gurdeep Singh. NTPC, India’s largest power generation utility which runs one of the biggest coal power project fleets in the world, plans to make total capital expenditure of […]
S&P Global Market Intelligence ($): Buoyed by renewable energy builds, financing for power generation assets sped up in the summer months after slowing during March and April. Natural gas-fired generation, however, is facing its own set of uncertainties. As the U.S. locked down in response to the coronavirus pandemic, disrupted construction schedules and strained equipment […]
PV Tech: French oil major Total will aim to cover all the electricity consumption of its European industrial sites from solar power by 2025 after securing a new development agreement with Spanish firm Ignis. Some 3.3GW of solar projects will be constructed by Ignis in Madrid and Andalucia, the first of which is due to […]
Reuters: Dutch asset manager Robeco is excluding investments in thermal coal, oil sands and Arctic drilling from all its mutual funds, it said on Thursday, joining other investors in cutting their exposure to fossil fuels. Companies that derive 25% or more of their revenues from thermal coal or oil sands, or 10% or more from […]
Platts: Over the next decade, global natural gas demand will grow at a slower pace as the industry responds to emerging financial and policy pressures brought on by the coronavirus pandemic. A broad slowdown in energy demand caused by the pandemic will bring about an earlier-than-anticipated reckoning for the fossil fuels industry, according to the […]
S&P Global Market Intelligence ($): In another indication of growing U.S. utility interest in energy from hydrogen and in large-scale battery storage, Entergy Corp. and Mitsubishi Power Americas Inc., an affiliate of Japan’s Mitsubishi Heavy Industries Ltd., said that they will jointly develop "decarbonization projects" for Entergy’s utility operations in Arkansas, Louisiana, Mississippi and Texas.
Bloomberg: After growing more than six-fold over the last two years, Poland’s solar energy market is only getting started as European climate goals force the country to speed up its exit from coal, a leading photovoltaic developer said. Photovoltaic power is set to dominate the country’s energy mix by 2040, according to the government’s prediction […]
Green Car Congress: The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.
Reuters: Nearly two-thirds of U.S. energy company executives polled by the Federal Reserve Bank of Dallas believe U.S. crude oil production has peaked, according to a survey released on Wednesday. The COVID-19 pandemic has knocked global oil demand and prices, prompting deep cuts in drilling this year by shale oil producers. The United States last […]
As part of a UK government-funded project to support the Philippines power sector stakeholders navigate the shifts, risks and opportunities associated with the energy transition, the Carbon Tracker Initiative (CTI), in collaboration with the Institute of Energy Economics and Financial Analysis (IEEFA) and the Institute for Climate and Sustainable Cities (ICSC), have hosted a series [...]
24 September 2020 (IEEFA India): A transition towards more national trading of electricity in real-time could help India’s power sector achieve competitive price discovery, reduce costs for consumers and accelerate the shift to a renewables-based system, according to a new briefing note by IEEFA.
ReNews.biz: Vietnam could potentially bring online up to 10GW of offshore wind by 2030, according to recommendations by the World Bank and the Danish Energy Agency. The findings were presented by the organisations to the Vietnamese government as part of efforts to develop an offshore wind sector. The studies are being presented ahead of the […]
S&P Global Market Intelligence ($): A Sept. 22 research note by Moody’s shows the extent to which state policy mandates are driving long-term growth in the renewable energy sector. Moody’s said the standards that are in place should help renewable power to take up to a 28% share of the power supply by 2030. In […]
Power Technology: Swancor Renewable Energy (SRE) has announced plans to develop three offshore wind projects totaling 4.4GW offshore Taiwan. The Formosa 4-1, Formosa 4-2 and Formosa 4-3 projects will be located in the north-western territorial waters of Miaoli County. Swancor Renewable Energy CEO Lucas Lin said: “Swancor Renewable Energy has been preliminarily developing Formosa 4 […]
Greentech Media: Maine utility regulators have announced the results of the state’s largest renewables procurement to date, with solar developers coming away with the majority of winning bids. Solar will account for about 482 megawatts of the 546 megawatts of projects approved Tuesday by the Maine Public Utilities Commission. Maine now has about 90 megawatts of […]
Reuters: General Electric Co said on Monday it plans to stop making coal-fired power plants, as the U.S. industrial conglomerate focuses more on renewable sources of power generation. The company said the exit from the business could include divestitures, site closings and job cuts, while it works with its customers to complete existing obligations. GE […]
ReNews.biz: Iberdrola has launched a new business unit focusing on green hydrogen projects. Iberdrola will commit to using 100% renewable electricity in the electrolysis process to meet electrification and decarbonisation needs of sectors such as industry and heavy transport, the company stated. Iberdrola has already initiated projects in Spain and the UK, with an investment […]
PV Magazine: Burkina Faso’s Ministry of Energy has announced the start of construction of two solar power plants with a combined generation capacity of 30 MW. The solar parks, with capacities of 20 MW and 10 MW, are planned for Koudougou, in Boulkiemdé province, and Kaya, in Sanmatenga, respectively. The Burkinabe government will finance the […]

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