The TransWest Express, a landmark transmission project that will carry clean energy from North America’s largest wind farm in Wyoming to the US Southwest, has broken ground. The TransWest Express Transmission Project (TWE) will carry electricity generated by Chokecherry and Sierra Madre, the largest onshore wind project in North America. It’s a $5 billion, 3,000-megawatt, … Read more
BUCHAREST, June 22 (Reuters) – Renewable energy and transport infrastructure led a surge of projects vying for European Union recovery funds in Romania, where the government’s capacity to tap funding has increased, a European Investment Bank (EIB) vice president said on Thursday. Romania stands to get up to 30 billion euros ($32.87 billion) worth of … Read more
The industrial landscape of the northeastern province of Mpumalanga, an area known as South Africa’s coal belt will soon be transformed. The Komati power plant, once a busy coal plant that is now earmarked to be repurposed as a wind and solar power plant that will have batteries to store the energy the clean power … Read more
Biden administration officials touted that nearly 200 new clean energy projects have been announced since the passage of the Inflation Reduction Act (IRA), but spoke of the need to develop an energy-independent supply chain to meet demand. Speaking at the Carnegie Endowment for International Peace, Deputy Secretary of the Treasury Wally Adeyemo highlighted the development … Read more
What is your take on new renewable energy projects being directly contracted between traders and RE project developers? It is a good incentivization provision and has proved beneficial in many global markets. In this derivative, traders start aggregating power at a fixed strike price. For the developer, the CFD mechanism hedges the price risk by … Read more
Kenneth Ong comes from a family with a long-standing business in providing building materials and lightweight machinery for the construction sector. In line with Singapore’s commitment to achieve net-zero emissions by 2050, Kenneth began exploring the use of solar and renewable energy as greener alternatives for outdoor works. An opportunity knocked on his door last … Read more
Chennai: French tyre major Michelin has signed a power purchase agreement with CleanMax Enviro Energy Solutions Pvt Ltd aimed at increasing its renewable energy sources at its facility near here, the company said on Wednesday. The first long-term open access power purchase agreement would allow the tyre manufacturer to increase its use of renewable energy … Read more
Economy Kenya to benefit from Sh12.5bn US green energy for Africa funds USAid Administrator Samantha Power at Serena hotel, Nairobi, Kenya on June 21, 2023. PHOTO | LUCY WANJIRU | NMG Kenya has been listed among countries that will receive a combined Sh12.5 billion ($88.9 million) from the United States Agency for International Development (USAid) … Read more
Rutgers University is going to install 16 solar carports that total 14.5 megawatts (MW) in parking lots across its five campuses. The new solar parking lot canopies are expected to generate 18 GWh of clean electricity annually. Schenectady, New York-based DSD Renewables will design, build, own, operate, and maintain the solar canopies across campuses for … Read more
In the final season of the TV series Succession , media mogul Logan Roy pleads with his conniving, power-hungry children to back the sale of the family empire. He has no faith they can successfully operate the business in his absence. “I love you,” says the patriarch to his children, “but you are not serious … Read more