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Bill
Germany Drafts Offshore Wind Bill with 40 GW-by-2040 Goal, Dynamic Tendering Process
German Federal Ministry of Economy and Energy has issued a draft bill for an amendment of the Offshore Wind Act (WindSeeG), which outlines the country's goal fo…
Smart Grid
Smart Grid Infrastructure Investments in South America to Hit $18.1 Billion
Led by Brazil, Colombia and Chile, countries in South America will invest $18.1 billion in smart grid infrastructure over the next decade, according to smart in…
South Africa’s NERSA Gives Eskom Nod to Increase Tariffs
The National Energy Regulator of South Africa has approved Eskom’s request to recover R13.3 billion as part of the power utility’s regulatory clearing account…
Solar Power Plant
Algeria Set to Build $3bn Solar Power Plant
Algeria plans to build several solar power plants worth between $ 3.2 billion and $ 3.6 billion for export and domestic consumption.
UK Ofgem And National Grid Agree GBP60 Million Savings For Hinkley
National Grid PLC has agreed to reduce the cost of connecting the new Hinkley Point C K energy regulator said Friday, saving consumers "money on their billsnucl…
Solar Power Plant
OPEC Producer Algeria Aims To Build $3.6B Solar Power Projects
OPEC member Algeria plans to install up to US$3.6 billion worth of solar photovoltaic projects to produce renewable electricity for export and for meeting incre…
Nuclear Power Plant
Ukraine Passes Bill to Secure Euratom Loan
The Verkhovna Rada, Ukraine's upper house of parliament, has adopted a draft law on nuclear safety that enables state-run nuclear power plant operator Energoato…
Australia
Massive 1000MW “Baseload” Wind, Solar and Hydrogen Plant Pitched for NSW
New South Wales could become host to one of Australia’s first solar, wind and hydrogen “baseload” power plants, under a multi-billion dollar plan pitched for…
Coal-Fired Power Plants
India Added 8,800 MW of Coal-Based Power Capacity Last Year: IEEFA
The thermal power generation sector is facing stress carrying $40-60 billion of potentially non-performing assets, IEEFA said.
Clean emission
Global CO2 Emissions to Drop 4-7% in 2020
Four countries or blocs -- China, the United States, the European Union and India -- accounted for two-thirds of the downturn across the first four months of 20…
Nuclear Power Plant
Norwegian Reactor Dismantling to Cost Almost USD2 Billion
The decommissioning of Norway's shut down research reactors at Halden and Kjeller will cost around NOK20 billion (USD1.96 billion) and take 20-25 years, accordi…
Solar Power Plant
Trump Admin Slaps Solar, Wind Operators with Retroactive Rent bills
The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills.
Oil & Gas Trade
Pandemic Punches 1.7-Billion-Barrel Hole in Global Oil Demand
The scale of the demand hit means that despite producers implementing unprecedented output cuts, stockpiles will soar this year.
Wind Farm
Shared Grid Offshore New England Saves Over $ 1 Billion Onshore
A multi-user, planned transmission system to harness wind power off New England’s coast could result in onshore electric grid cost savings of over $ 1 billion …
Citi unveils $1.5 Billion Green Bond to Combat Climate Change
American multinational financial services firm Citi has unveiled its first US dollar-denominated green bond to finance environmental-friendly projects.
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