Westersoe/E+ via Getty Images A strong tailwind fills all sails, to slightly modify an old adage. This should certainly be the case for wind energy companies in China, which stand to be the big beneficiaries of Beijing’s push towards renewables as it seeks to peak carbon emissions by 2030. andRead More →
Drax tentatively secured an agreement to supply hydropower to the grid during the last capacity market cycle. The North Yorkshire energy giant will offer 621MW of power generation from its Cruachan Pumped Storage, Galloway’s hydropower system comprising Tongland, Kendoon and Glenlee – both in Scotland, and three small gas turbinesRead More →
“There is no doubt that coal production will come out of the system sooner than previously thought, allowing for a faster decarbonisation path. However, we firmly believe that thermal generation shutdowns should not occur outside of a coordinated plan between governments, industry, regulators and the community, ”AGL said when AEMORead More →
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The sign of Mitsubishi Corp is pictured at its headquarters in Tokyo, Japan August 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo Join now for FREE unlimited access to Reuters.com Register TOKYO, Dec 17 (Reuters) – Japan’s Mitsubishi Corp (8058.T) said on Friday that executive vice president and chief electrical business officer KatsuyaRead More →
The UK government will invest £ 20million per year across the UK in tidal power electricity as part of its flagship renewable energy auction program, ushering in a whole new chapter for the tidal industry in Wales and creating jobs in the Welsh coastal areas. Yesterday’s announcement will unlock theRead More →
Save to Reading List published by Will Owen, Associate Editor Global Mining Review, Thursday, November 25, 2021 10:30 a.m. Northern Star ResourcesRead More →
General Electric Co. GE 0.17% aims to create a market-leading power company as the conglomerate splits into three. But it faces fierce competition from rivals who are also repositioning their businesses to take advantage of the global renewables boom. GE this week announced plans to create a new, stand-alone companyRead More →
A renewable energy company formed by a team of leading entrepreneurs in the energy sector is launched today, with a commitment of £ 24million from SSE. Renewco Power aims to accelerate the development of clean energy projects by focusing on the deployment of large scale solar and wind farms inRead More →
New Delhi, May 19 Billionaire Gautam Adani’s group on Wednesday announced the acquisition of the renewable energy business of SoftBank Group Corp in India for $ 3.5 billion (around Rs 25,500 crore), to become the largest solar company to the world. In a statement, Adani Green Energy Ltd, the renewableRead More →
By Ron Bousso, Chris Prentice LONDON/WASHINGTON (Reuters) – BP has asked to supply U.S. residential customers with electricity generated from wind, solar and natural gas, betting on rapid growth in demand for electricity as economies give up fossil fuels to fight climate change. FILE PHOTO: Details are seen on aRead More →
Could General Electric (NYSE: GE)to finally be on the verge of a turnaround? For the first time in a long time, it seems possible. Such a change would certainly be welcomed by shareholders. Expectations of current CEO Larry Culp were high when he was hired in late 2018, but heRead More →