Construction launched on 540-megawatt South Africa solar farms
Renewable energy power producer Scatec has started building three co-located solar projects with 1.1GWh of energy storage in South Africa, after achieving financial close.
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India plans $10 billion investment for 50,000 electric buses
State-controlled Convergence Energy Services Ltd. is planning a $10-billion tender for 50,000 electric buses that will drive India’s plans to decarbonize public transport and help meet its goals for net zero emissions.
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Octopus Australia launches AU$10 billion renewables plan
Octopus Investment Australia has officially launched its new $10 billion renewables “platform”, that will seek to finance big solar, wind and battery storage projects and has already bought the biggest operating solar farm in Australia.
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IEEFA: Puerto Rico regulators fight against solar to benefit bondholders
Bondholders, not residents, are primary concern of Puerto Rico regulators The recently certified fiscal plan for the Puerto Rico Electric Power Authority (PREPA) underscores once again the fundamental contradiction on the island between aggressively transitioning to renewable energy—pro
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IEEFA: More subsidies proposed for a failing and risky gas industry
There is much to disagree with in the proposed Australian Government “ramping up” of funding for the Beetaloo Basin gas expansion.
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Biden mulls using emergency powers to boost clean energy project
White House officials are weighing possible executive action by President Joe Biden on climate change, including an emergency declaration that would allow him to steer federal funding to clean-energy projects.
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UK urged to set end-date for gas-fired electricity as wholesale energy prices skyrocket
With wholesale gas prices in the UK having risen by 250% since January, some green groups are calling on the Government to commit to ending gas-fired electricity generation and give more detail on plans for reducing the nation’s dependence on gas for heating
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Egypt’s Infinity to become Africa’s largest renewable energy company
Egypt’s Infinity Group will become Africa’s largest renewable energy company when it, along with Africa Finance Corporation, acquires Lekela Pow
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The 3.6 GW Rogun hydro project reaches a new milestone (Tajikistan)
Webuild has started concrete pouring for the construction of the core dam at the 3.6 GW Rogun hydropower project (6 x 600 MW) in Tajikistan, locat
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The world’s largest combination of hydropower and solar power
Yalong River Hydropower Development, a Chinese state-owned hydropower project developer, has begun construction of a 1 GW Kela photovoltaic power plant in southwest China’s Sichuan province.
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Egypt’s ACUD to launch largest project in the world to generate solar power ahead of COP27
The Administrative Capital for Urban Development (ACUD) is preparing to list the largest international tender to make use of the rooftops of the buildings in the residential districts of the New Administrative Capital (NAC) to install photovoltaic solar cells to generate electricity for the smart
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Fresh wind, clean power in Inner Mongolia
Zhalantun, Inner Mongolia, where stands the first wind turbine of the Wind Energy Clean Heating Project constructed by China State Construction Engineering Corporation (CSCEC).
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Vietnam puts a $2 billion power plant into operation
On July 7, the $2 billion Song Hau 1 thermal power plant was officially opened by the Vietnam Oil and Gas Group in the presence of Prime Minister Pham Minh Chinh.
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Global electricity demand growth expected to slow to 2.4% in 2022
Global electricity demand is expected to grow by 2.4% in 2022 after last year’s 6% increase, bringing it in line with its average growth rate over the five years prior to the Covid-19 pandemic, the new report says.
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Pattern Energy plans $8 billion New Mexico clean energy investment
Pattern Energy announced plans Monday to invest $8 billion in New Mexico-based wind generation and new transmission infrastructure after acquiring partial ownership over the SunZia Southwest Transmission Project.
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BEIS approves 8GW of R4 offshore wind leases
The UK Government has given the go-ahead for six fixed-foundation offshore wind projects totalling 8GW to enter Agreement's for Lease with the Crown Estate.
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Feasibility study launched for 300MW solar-plus-storage project in Mozambique
Power project developer Ncondezi Energy has launched a feasibility study for a 300MW solar PV plant with battery storage, in Mozambique, Africa.
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Ola to invest $500 million to set up battery innovation centre in Bengaluru
Ola Electric on Monday announced the investment of USD 500 million for setting up its state-of-the-art Battery Innovation Centre (BIC) in Bangaluru.
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AEMO says firmed wind and solar cheapest reliable energy option by “country mile”
The Australian Energy Market Operator has again underlined its view that Australia’s energy future lies in “firmed renewables ” – wind and solar backed up by storage and new transmission – which it says is clearly the cheapest reliable power option “by a country mile.”
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IEEFA: Is Japan’s biggest steelmaker really considering more metallurgical coal investments?
Nippon Steel, Japan’s largest steelmaker and the fifth biggest globally, is reportedly considering new metallurgical coal mine investments amid very high coal prices a
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