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Add-on Device Makes Home Furnaces Cleaner, Safer and Longer-Lasting
African Union to Develop A Blueprint for A Pan-continental Electricity Network and Market
The agreement to set up a Continental Power System Master Plan between the Bank and AUDA-NEPAD was unveiled recently during a three-day workshop on the sidelines of Programme for Infrastructure Development (PIDA) Week held in Cairo.
Zambia Looks to Brazil for Help in Biofuel Industry
Zambia’s Ambassador to Brazil, Dr. Alfreda Kansembe has held bilateral talks with Brazil’s Sugar, Ethanol and Energy companies in an effort to find partners to help establish the Biofuel industry in Zambia.
Siemens Working on Modern Power Plants in Iran
Germany’s engineering giant Siemens, in a joint project with Iran’s largest energy construction and engineering group Mapna, is working on launching power plants relying on modern gas turbines.
European Investment Bank funds two windfarms in Portugal
The European Investment Bank (EIB) has agreed to provide a loan of €45m to renewable energy company Eolica da Linha for the construction of three windfarms in Portugal.
100% Renewables Means 95% Less Water Consumption for Conventional Power Generation
According to a new study by Finland’s LUT University, solar PV consumes between 2% and 15% of the water that coal and nuclear power plants use to produce just 1 MWh of output; for wind, this percentage ranges from 0.1% to 14%.
5G And IoT Comes to Enterprises in Japan
Nokia today announced that it is building out its strategic partnership ecosystem to bring local 5G/private wireless LTE to industrial and government customers in Japan.
EU and Africa Signed A $120m Deal to Fund Sustainable Energy Projects
The European Investment Bank and the Eastern and Southern African Trade and Development Bank (TDB) have signed a deal to fund sustainable energy projects over the next 15 years.
ABB CEO: ABB Is Ready to Spin off More Businesses
The Swiss engineering company, under pressure from activist investors to simplify its operations, is carrying out a strategic review of underperforming businesses and agreed to sell its power grids business last year.
US EPA Sends Final 2020 Biofuel Volumes to White House for Review
The US Environmental Protection Agency on Friday sent its delayed 2020 biofuel blending mandate to the White House for review, but continues to allow for the possibility that it might not finalize the volumes by the end of the year.
BlackRock Achieved $1bn Record for the Global Renewable Power III (GRP III) Fund
American investment company BlackRock has announced that is has achieved $1bn for the first close of its Global Renewable Power III (GRP III) fund. The company stated that it has received commitments from 35 investors in Asia, Europe and North America.
Wind Capacity Exceeds Hydro, While Solar Tops Oil in US
New capacity placed into service that month included 359 MW of wind and 232 MW of solar but only 100 MW of natural gas.
Energy Connected Homes Services Set for Substantial Growth
The research Connected Homes Insight Service has identified increasing levels of entry and investment, with rates of entry more than doubling over the last decade.
Ireland to Open 1st Renewables Auction in Early 2020
The Irish government on Monday gave the green light to the country’s first auction under its new Renewable Electricity Support Scheme (RESS) that is seen to pave the way towards a 70% renewables share by 2030.
Asian Wind to 'Outpace' Western Europe and North America Combined
Cumulative wind power capacity in Asia is likely to overtake the combined total of North America and Western Europe (NAWE) through 2028, driven by a rapid growth in the Chinese market, Fitch Solutions Macro Research said in its updated ten-year report.
Irish Electricity Company Electricity Supply Board to Buy 50% Stake in EDF Scottish Windfarm
Irish electricity company Electricity Supply Board (ESB) has agreed to purchase a 50% stake in the Neart na Gaoithe offshore windfarm from EDF Renewables, which originally purchased the windfarm from Mainstream Renewable Power in May 2018.
In Oil And Gas, Activist Investors Lose Steam
Relatively steady but low oil and gas prices in North America have led to a slowdown in energy M&A and activist investors are finding that when deals do happen, they rarely get what they want.
Mitsubishi And Chubu Electric Power to Purchase Dutch Energy Supplier Eneco for €4.1bn
A consortium formed of Japanese companies Mitsubishi and Chubu Electric Power Company has agreed to acquire Dutch energy company Eneco for €4.1bn, beating bids led by Shell and Rabobank respectively.
China to Slash Renewables Subsidies by 30%
The government of China has decided to reduce renewable power subsidies by 30%, from $1.15b in 2019 to $807m in 2020.
Power Plant Contract Activity Shows Downward Trend in Asia- Pacific
There were 62 power plant contracts announced in the Asia-Pacific region in Q3 2019, marking a drop of 49 per cent over the last 12-month average of 122, according to GlobalData’s power industry contracts database.
Total Expands Renewables Portfolio in South East Asia
Total, through its affiliate Total Solar Distributed Generation, has added six new solar projects with a total capacity of around 10 MWp to its renewables portfolio in Southeast Asia since October 2019.
Is CCUS the Key to A Low-Carbon Economy for the UK?
In November 2019 the Energy Industries Council (EIC) published a report into carbon capture, utilisation and storage (CCUS) as a more viable concept to reduce emissions than CCS. How important will CCUS be in the UK's energy future?
Global Energy Consumption Up by 2.3%, Experts Blame It on Tech & Population
According to Capgemini’s annual World Energy Markets Observatory (WEMO) report, global energy consumption increased 2.3 per cent, nearly double the average rate since 2010.
Siemens to Embark on Energy And Infrastructure Solutions in Ethiopia
At the G20 summit, Siemens committed to supporting and contributing to Ethiopia’s Growth and Transformation Plan II and its objective of electrifying Ethiopia.
Who Can Pay for the Boom of New Solar And Wind Investment in the Nest 15 Years?
New solar and wind investment could hit $190 billion a year by 2035, Wood Mackenzie says. Where will that money come from?
A Report About US Renewable Energy Market Trends 2020
Research firm Deloitte has released a new report which examines the renewable energy market in the US.
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Offshore Wind Giants Target Australian Tender
First Gen Subsidiary Wins Bid for Casecnan Hydropower Plant
Totalenergies Potentially Interested in Acquiring Akuo
UAE’s Mensha Ventures and China Join Forces to Invest $1BN in GCC Sustainable Projects
Verano Energy Continues to Add Projects to Its Growing Portfolio in Latin America With the Purchase of 296 MWP in Colombia
Indian Utility Launches 13.8 GW Pumped Storage Tender