News
News
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‘Renewable energy means economic growth’
Countries investing in renewable energy have greater economic growth. That is the verdict of a new study from the University of Sussex Business School and the University of Portsmouth. The authors analysed the data of more than 200 countries between 2000-2019, finding that renewable energy helps reduce income inequality and energy poverty. The study revealed […]
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GE Renewable Energy wins huge order for onshore wind farm in India
GE Renewable Energy has won a huge order to supply, install and commission wind turbines for an onshore wind farm in India. It has been selected by Continuum Green Energy to provide 55 sets of its 2.7-132 onshore turbines for the 148.5MW Morjar, Bhuj wind farm in the state of Gujarat. The project is expected […]
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Clean biofuels and bio-products research projects bag $45.5m
The US Department of Energy (DOE) has awarded $45.5 million (£33m) in funding for research projects aimed at advancing the use of clean biofuels and bio-products. They aim to push the boundaries of biology and biotechnology research and boost understanding to harness nature’s biological processes to produce clean biofuels and bio-products. Biofuels and bio-products are […]
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World Bank backs clean energy in Uzbekistan with $380m
A new $380 million (£274m) project which is designed to enhance the grid performance in Uzbekistan has been approved by the World Bank. The scheme aims to support the integration of approximately 1GW of renewable energy into the country’s grid. The government of Uzbekistan will receive the financing at very low interest rates and a […]
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IFC provides ‘landmark’ loan to support gas flaring reduction in Iraq
IFC, a member of the World Bank, has announced what is believed to be a landmark loan for Basrah Gas Company (BGC) to support one of the largest gas flaring reduction projects in the world. BGC, an Iraqi joint venture between the Iraqi Government, Shell and Mitsubishi, was created to treat and process associated gas […]
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Security of supply across Europe demands a levelling of prices – who will benefit?
In this episode of the Resonance, you will learn: Interconnectors and cross border flows providing flexibility and security of supply to balance the delivery fluctuations caused by greater reliance on wind and solar Norway becoming major exporter of green electricity especially into Germany LNG projects in Russia and growing dominance German major phase out of […]
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Iberdrola wins 50MW of onshore wind capacity in Polish auction
Iberdrola has been awarded 50MW of onshore wind capacity auctioned in Poland, out of the total 300MW, representing almost 17%. That brings the Spanish utility’s total onshore wind capacity in operation and under development in the country to 163MW, with almost all of the capacity associated with 10-year power purchase agreements (PPAs). It includes the […]
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Svevind inks deal for green hydrogen in Kazakhstan
German project developer Svevind has secured a deal with Kazakh Invest National Company to develop large green hydrogen sites using the wind and solar power of Kazakhstan. Svevind aims to install wind and solar farms across Western and Central Kazakhstan with a capacity of 45GW, using electrolysers to produce three million tonnes of green hydrogen […]
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Plastic-free PPE to fight pandemic and climate change
Fighting coronavirus and climate change simultaneously could be a possibility. That is because a Lancashire-based company has developed face visors, which it claims are entirely paper-based and meet UK PPE demand without a high carbon footprint. The PPECO product has been studied by Lancaster University, with findings showing the visors produce 85% less carbon than […]
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EBRD lends €60m for two wind farms in Poland
The European Bank for Reconstruction and Development has provided a loan of €60.4 million (£51.8m) equivalent for the construction of two wind farms in Poland. The total installed capacity of the two different projects is expected to exceed 125MW. The projects are forecast to generate more than 348GWh of renewable zero electricity and bring carbon dioxide […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas